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INB 205 Wk 6 Assignment - Reference 2 - Press Information Bureau Government of India

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http://commerce.nic.in/apr02_release.htm
Press Information Bureau
Government of India
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INDIA’S EXPORTS TO TANZANIA UP BY 30%
TANZANIAN INDUSTRY MINISTER MEETS RAMAN SINGH
New Delhi: April 30, 2002
India is keen to significantly enhance trade with Tanzania in particular and the Sub-Saharan African region
in general. An Integrated programme "Focus: Africa" has been launched in the current EXIM Policy and
Tanzania is the one of the seven countries identified to give a boost to the bilateral trade. Dr.Raman Singh,
Minister of State for Commerce & Industry, indicated this in a meeting with Ms. Rita Mlaki, Deputy
Minister of Trade & Industry of Tanzania, here yesterday. Dr. Singh said that both the countries should
work together to increase the bilateral trade with identifying new areas of cooperation.
Dr. Singh pointed out that cooperation in drugs and pharmaceuticals sector would be immensely beneficial
for both countries and India would like to assist Tanzania in supplying drugs and pharmaceuticals,
diagnostic medical instruments. The Minister also referred to Information Technology as a sector of focus
in which India has made tremendous progress and asked the visiting Minister to take benefit of India’s
capabilities in this sector. The Tanzanian Minister informed about the recent policies in her country to
attract investment. Both the leaders exchanged views to cooperate in increasing the bilateral trade from the
current level.
India’s trade with Tanzania stood at Rs.735.32 Crore (US$ 160.95 Mn) in 2000-2001. The exports
increased by 30.56% during 2000-01 to Rs.463.81 Crore (US$ 101.52 Mn). The imports showed a decline
of 49.67% to Rs.271.51 Crore (US$ 59.43 Mn) during the same period. The main items imported by India
are Cashew nuts, Pearls, Precious/Semi-precious stones, Cotton Raw & Waste, whereas the items of exports
include drugs and pharmaceuticals, cotton yarn and fabrics, machinery and instruments and transport
equipment etc.
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SB/PM/MRS
Press Information Bureau
Government of India
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TRADE WITH SAARC COUNTRIES UP BY 43%
New Delhi: 30 April, 2002
India’s trade with SAARC Countries has increased by 43.18% from Rs.7510.20 crore during 1999-2000 to
Rs.10, 753.53 crore during the year 2000-2001. During the financial year 2001-2002 (April-December)

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India’s trade with SAARC region has increased to Rs.9104.44 crore from Rs.7490.24 crore during the
corresponding period previous year, showing an increase of 21.55%. The imports from SAARC countries
have increased to Rs.2092.97 crore during the April-December period in 2001-2002 from Rs.1411.10 crore
during the corresponding period in 2000-2001. This information was given by Shri Rajiv Pratap Rudy,
Minister of State for Commerce & Industry, in a written reply in Lok Sabha last week.
India has entered into bilateral trade arrangements with all countries in the South Asia region except
Pakistan. The countries in the South Asia are given special incentives to participate in the annual India
International Trade Fair in New Delhi to make them aware of the Indian export potential.
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SB/PM/MRS
Press Information Bureau
Government of India
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ALL PARTY DELEGATION OF ASSAM MEETS MARAN
New Delhi: April 29, 2002
A high-level delegation of all parties from the State of Assam called on Shri Murasoli Maran, Union
Minister of Commerce & Industry, here today and submitted a memorandum listing out the problems of tea
industry. The delegation requested shifting of the Head Offices of the tea companies from Kolkata to Assam
as also shifting of the office of Tea Board of India from Kolkata to Guwahati. The Assam Legislative
Assembly has passed a unanimous resolution on April 2, 2002 reiterating this demand. The 17-member
delegation was led by Shri Prithibi Majhi, Speaker of Assam Legislative Assembly, which included 3
Ministers and 14 MLAs. Shri Dipak Chatterjee, Commerce Secretary; Shri V. Govindarajan, Secretary,
Department of Industrial Policy & Promotion; and Shri L.V. Saptharishi, Additional Secretary, Department
of Commerce were present at the meeting along with other senior officers.
The delegation pointed out that Assam is the largest tea producing State in India with the production of
451.24 M. Kgs. in 2000 against all India production of 847 M. Kgs. Some of the main problems raised by
the delegation were: fall in price of made tea resulting very low prices for the green tea leaves, fall in
exports of tea, international competition even from smaller and new producing countries such as Kenya and
increase in cost of production.
Shri Maran gave a patient hearing to the representation of the delegation and said that the government is
well aware of the problems being faced by tea industry. The Minister said that the government has been
taking specific steps to promote trade and commerce in the North Eastern region.
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