Bilateral meetings – Ecuador and Colombia from16-19 May

Commerce Secretary, Ms. Rita Teaotia led an official and a business delegation to Ecuador and Colombia from 16th to 19th May, 2017.

In Ecuador, she held bilateral meetings with Minister of Commerce of Ecuador, Mr. Juan Carlos Cassinelli and discussed bilateral trade and investment relations.

A meeting with the Industry representatives of both sides was also held which was attended by Commerce Secretary and Mr. Juan Carlos. From Indian side companies representing sectors like Pharma, IT, Auto, Mining & construction, Bio Fuels, Agro-Chemicals, Iron & Steel and Textiles and FICCI representatives were present. From Ecuador side Pro Ecuador and their business reprentatives participated in the meeting.

During the visit, Commerce Secretary co-chaired the First Meeting of the Joint Economic and Trade Committee (JETCO). From the Ecuador side meeting was co- chaired by the Vice Minister of Trade, Integration and Trade Remedies, Dr. Humberto Jiménez.

Both India and Ecuador agreed to take actions to boost their bilateral relations in order to promote a growing and balanced trade in potential sectors.