India-Slovenia panel reviews trade ties, sets path for economic cooperation

India and Slovenia reviewed their growing trade ties as the 10th Session of the IndiaSlovenia Joint Committee on Trade and Economic Cooperation JCTEC met in New Delhi to assess bilateral engagement and set the course for future cooperationThe meeting according to a Ministry of Commerce and Industry release placed the focus on how both countries are shaping a clearer path for stronger economic linksThe session was cochaired by Joint Secretary of the Ministry of Commerce and Industry Saket Kumar and Slovenias Director General for Economic Cultural and Scientific Diplomacy Peter JapeljBoth sides looked closely at the present state of trade and investment noting that the partnership has grown steadily year after yearThe discussions included a comprehensive review of the global and domestic economic landscape as well as an assessment of bilateral trade and investment relations between the two countriesAt the centre of the discussion was the idea that India and Slovenia share a natural fit in their economic goalsSlovenias location at the crossroads of Central Europe and Indias expanding engagement with the continent give the two nations a chance to connect regions that are becoming increasingly important to global tradeThis shared space helps build a base for cooperation in areas such as technology innovation and connectivityThe committee also reviewed wider economic trends both global and domestic to understand how they shape trade opportunitiesAttention turned to sectoral cooperation with talks covering agriculture chemicals pharmaceuticals health transport energy tourism MSMEs Ayurveda and traditional systems of medicineThese discussions aimed to identify how each side can support business activity and open new channels of exchangeBoth delegations also expressed a shared hope that the IndiaEU Free Trade Agreement FTA can be concluded soonThey noted that a balanced and mutually beneficial FTA would help businesses in both India and Slovenia find new markets and deepen linkages across EuropeDuring the visit Peter Japelj met with Commerce Secretary Government of India Rajesh Agrawal and held a discussion on strengthening bilateral cooperation between the two countriesThe 10th JCTEC reaffirmed Indias commitment to nurturing a dynamic economic partnership with Slovenia built on mutual trust shared values and enduring friendship laying the groundwork for deeper collaboration across Europe and India the release saidThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever