Question : TRADE WITH PORTUGAL



(a) whether India has maintained a trade/sound relations with Portugal and other European countries;

(b) if so, the details of the export and import, quantum-wise, value-wise and country-wise during the last three years;

(c) the main items of export of Portugal and the items of import from Portugal to India; and

(d) the steps taken/being taken by the Government to boost the trade in the European countries including Portugal?

Answer given by the minister



THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SHRI JYOTIRADITYA M. SCINDIA)

a) Yes Madam.

b) Details of export and Import with European Union countries during the last three years 2009-10, 2010-11 and 2011-12 (Apr-Jan) are at Annexe-I. Commodity wise details are available in the public domain (DGCI&S publication MSFTI Vol. I & II and website www.dgciskol.nic.in)

c) Details of main items of export of Portugal and the items of import from Portugal to India are at Annexure-II

d) With a view to boost trade with the European Union (EU) countries including Portugal, interactions with EU are held at various forums on a regular basis through India–EU Joint Commission and its Sub-Commissions on Trade, Economic Cooperation, and Development Cooperation where all the contemporary issues relevant to trade and commerce are discussed for expansion of trade and economic cooperation. Businesses to business interactions are also encouraged. In respect of Portugal, a Joint Commission is held from time to time to discuss and facilitate issues concerning trade and investment.