Ficci English news | Ficci, Latest News & Live Updates in English | English News (Latest English News) at Lokmattimes.com

Though India's combined annual trade with Central Asia is less than USD 2 billion, the level of trade does not reflect the political will that the country enjoys with Central Asian countries, said Msh Prabhat, Joint Secretary (ERS), Ministry of External Affairs.Speaking at a webinar titled 'The Way Forward for Developing India-Central Asia Air Corridor', orgsed by FICCI held on Friday, he said, "The combined annual trade with Central Asia is less than USD 2 billion. The level of trade does not reflect the political will that we enjoy with Central Asian countries."Prabhat, who was recently appointed as Indian Ambassador to Uzbekistan, further said that India is at an advanced stage of negotiation with Uzbekistan for export and import of agricultural products.Indian Ambassador to Kazakhstan Prabhat Kumar said that Central Asian countries are in the position to support air traffic from India. He further laid emphasis on the potential of markets between India and Kazakhstan.Vandana Aggarwal, Senior Economic Advisor, Ministry of Civil Aviation, said that establishing an air corridor will be very useful in passenger growth and goods traffic. "Central Asian countries need to look at ways to ease regulation of our carriers in terms of landing rights, parking, etc.," she said.She also said that India has been looking at the digitisation of documents for seamless connectivity with the region.Karlygash Omurbayeva, Regional General Manager, Gulf and Indian Subcontinent, Air Astana, proposed air bubble agreements with Kazakhstan. She said that Air Astana has started flights to a few European countries during this pandemic and hoped India will be amongst those first group of countries to join them.Speaking on the need for paperless transactions amid the COVID-19, Sanjiv Edward, Chief Commercial Officer, Delhi International Airport Limited (DIAL), said, "Paperless transactions for business have become all the more relevant in these challenging times."Vipin Vohra, Airfreight Convenor, Federation of Freight Forwarders Association in India (FFFAI); Chairman of Continental Carriers Group of Compes and Chairman, TNX Continental Pvt. Ltd., spoke on the need to inter align with airlines and establish bilateral agreements between Indian and Central Asian airlines to enhance air connectivity.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

FicciFOLLOW

Ficci, Latest News

Hitting out at Chief Minister Mamata Banerjee, West Bengal Governor Jagdeep Dhankhar on Thursday raised the issue of transparency on the part of the Trinamool Congress-led government over its annual flagship event, Bengal Global Business Summit (BGBS ...

Kolkata, Sep 24 West Bengal Governor Jagdeep Dhankhar on Thursday again raised the issue of transparency on the ... ...

Mumbai, Sep 21 Visa along with its global partner IFundWomen on Monday announced a grant programme to empower ... ...

Weak demand continues to be the key bottleneck for companies as nearly 68 per cent of the companies surveyed recently by industry body FICCI and Dhruva Advisors reported this to be their biggest challenge. ...

Minister of State for Finance and Corporate Affairs Anurag Thakur on Friday said that India has a vibrant insurance industry that has spearheaded the government's policy of insuring the uninsured. ...

New Delhi, Aug 27 Prime Minister Narendra Modi made an unscheduled address to the captains of the Indian ... ...

Mumbai, Aug 23 As the pandemic has brought different industries to a grinding halt, including wedding planners and ... ...

Though India's combined annual trade with Central Asia is less than USD 2 billion, the level of trade does not reflect the political will that the country enjoys with Central Asian countries, said Manish Prabhat, Joint Secretary (ERS), Ministry of Ex ...