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India intends to extend $100m credit line for joint projects with Belarus
MINSK, 4 June (BelTA) - India intends to extend a credit line of $100 million for the joint projects with Belarus, India President Pranab Mukherjee announced during the Belarusian-Indian Business Forum in Minsk on 4 June, BelTA has learned.
Mr Pranab Mukherjee noted that the traditional areas of cooperation with Belarus are energy, pharmaceutics, and agriculture. However, this is not an exhaustive list, the Indian leader believes.
India and Belarus, according to Mr Pranab Mukherjee, intend to take all possible measures to attract foreign direct investment in both directions through the support of commercial, investment forums, events like the one held today in Minsk.
"We aim to improve the cooperation in the financial sector and make all the tools available to finance joint projects," said the President of India. The parties intend to work with international financial institutions in this regard too, he added.
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