India-Azerbaijan Inter-Governmental Commission Trade meeting - India News and Travel Times Provides India-centric and other News and Features

The first meeting of the India-Azerbaijan Inter-Governmental Commission on Trade, Economic, Scientific and Technological Cooperation, is scheduled to be held here on November 26. Minister of State for Commerce and Industry Jyotiraditya Scindia will be the co-Chairman from the Indian side and Husseyngulu Baghirov, Minister of Ecology and Natural Resources, will be the co-Chairman from the Azerbaijan side. During the deliberations, following areas of cooperation are proposed to be discussed viz., development opportunities for mutual trade, industrial, economic, scientific and technological cooperation; cooperation in the fields of transport, energy, communications & information technology, agriculture, tourism, environmental protection, health and customs affairs. Bilateral trade between India and Azerbaijan during the year 2008-09 was 222.27 million dollars. Major commodities of exports are drugs and pharmaceuticals, machinery and instruments, gems and jewellery, RMG cotton and wool. while major commodities of imports are petroleum crude and products, organic and inorganic chemicals, non-ferrous metals.