France seeks to double bilateral trade with India
France today sought to raise its economic relations with India to the same level as political relations, with its President Mr Jacques Chirac promising to work towards doubling bilateral trade over the next five years. “The aim may seem audacious, but it is realistic,” Mr Chirac said addressing the India-France economic partnership meet jointly organised by Ficci, Assocham and CII. Mr Chirac pointed to the seven per cent to eight per cent growth rate of Indian economy and said with its market of several hundreds of millions of consumers, a purchasing power multiplied by a factor of five in 25 years, India constituted one of the world’s main engines of growth.
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