02, April 2019 02/04/2019 – Posted in: Press Information Bureau – Tags: 4th Session of India-Ukraine working group, AUSINDEX-19
4th Session of India-Ukraine working group
(Ministry of Commerce & Industry)
WHAT
The 4th Meeting of India-Ukraine Working Group on Trade and Economic Cooperation (IU-WGTEC), under the India-Ukraine Inter-Governmental Commission on Trade, Economic, Scientific, Technical, Industrial and Cultural Cooperation was held today in New Delhi.
TRADE STATUS
(in USD Million)
Year |
Exports from India | Imports from Ukraine | Total Trade |
2017-18 |
330.10 | 2355.97 |
2686.07 |
2018-19
(Apr-Feb) (Prov.) |
305.73 | 1921.70 |
2227.43 |
Source: Directorate General of Commercial Intelligence and Statistics (DGCIS)
Trade Data of Ukrainian Side
(in USD Million)
Year (calendar) |
Exports from Ukraine | Imports from India | Total Trade |
2017 |
2 205.7 | 561.3 |
2 767.0 |
2018 | 2175.9 | 616.6 |
2791.6 |
BOTH SIDE AGREED
- Cooperation in Enhancing the Bilateral Trade.
- Cooperation in the field of Small and Medium Entrepreneurship.
- Cooperation in Leather, Tobacco, Gems and Jewellery and Tea Sectors.
- Cooperation in the field of Technical Regulation (Standardization, Metrology, Certification, Conformity Assessment).
- Cooperation in the field of Public-Private Partnership (PPP) and Investment.
- Granting Ukraine Market Economy Status within the framework of anti-dumping investigations.
- Cooperation in the field of Agriculture, facilitating the access of Ukrainian Food Products to the market of India.
- Cooperation in the field of Energy Sector.
- Cooperation in the field of Finance and Banking.
Source: PIB
AUSINDEX-19
(Ministry of Defence)
WHAT
AUSINDEX (Australia India Exercise)
- 3rd edition of exercise is scheduled to commence at Visakhapatnam on 02 April 2019.
AIM
- To strengthen and enhance mutual cooperation and interoperability between the IN (Indian Navy) and RAN (Royal Australian Navy), providing opportunities for interaction and exchange of professional views between the personnel of the two navies.
- The joint exercise will focus on anti-submarine warfare.
BACKGROUND
- First Exercise – 2015 – East Coast of India.
- Second Exercise – 2017 – Australia.
Source: PIB