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India Wants To Import More Azerbaijani Oil.


Date: 28-07-2011
Subject: India Wants To Import More Azerbaijani Oil
India intends to increase crude oil imports from Azerbaijan, Ambassador Debnath Shaw has told a business forum in Baku.

He told the Azerbaijan-India business forum today that crude oil was India's major import from Azerbaijan, while other products accounted for less than $50m.

The ambassador said that trade between the two countries was $330m in 2010 and expected to grow this year.

He said that India wanted to expand the range of goods traded: "We intend to increase Indian exports of meat, tea, pharmaceuticals and clothes to Azerbaijan."

Shaw also said that India was seeking to attract investment from all countries, including Azerbaijan.

Source : news.az

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