Question : ECONOMIC BLOCK TO PROMOTE EXPORT IMPORT

(a) whether India, Egypt and South Africa propose to form a joint economic block with a view to promote import-export of consumer goods alongwith communication and information technology;

(b) if so, the details thereof; and

(c) the time by which final decision is likely to be taken in this regard?

MINISTER OF COMMERCE AND INDUSTRY (SHRI ARUN JAITLEY)

(a) No Sir. Presently there is no proposal to form a joint economic block with Egypt and South Africa

(b)&(c) Does not arise.