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TRADE WITH AFRICAN, LATIN AMERICAN AND CIS COUNTRIES
Date : 15 Mar 2010
Location : New Delhi
The details of trade with African, Latin American and Commonwealth of Independent States (CIS) countries during the last three years is as under:
AFRICAN COUNTRIES
Value in US $ million)
|
Year |
Exports |
Imports |
Total Trade |
|
2006-07 |
10269.45 |
14716.23 |
24985.68 |
|
2007-08 |
14191.77 |
20470.91 |
34662.68 |
|
2008-09 |
14813.42 |
24728.31 |
39541.73 |
LATIN AMERICAN COUNTRIES
Value in US $ million)
|
Year |
Exports |
Imports |
Total Trade |
|
2006-07 |
4274.85 |
6061.39 |
10336.24 |
|
2007-08 |
5657.77 |
6557.85 |
12215.62 |
|
2008-09 |
6008.33 |
9744.14 |
15752.47 |
COMMONWEALTH OF INDEPENDENT STATES (CIS) COUNTRIES
Value in US $ million)
|
Year |
Exports |
Imports |
Total Trade |
|
2006-07 |
1479.29 |
3861.45 |
5340.74 |
|
2007-08 |
1740.34 |
3787.54 |
5527.88 |
|
2008-09 |
1924.76 |
6627.49 |
8552.25 |
Under the recently announced Foreign Trade Policy (2009-2014), the Government has provided a number of incentives to promote exports to various countries including the African, Latin American and CIS Countries. Some of the important schemes are Focus Market Scheme (FMS), Focus Product Scheme (FPS), Vishesh Krishi and Gram Udyog Yojna (VKGUY), and Status Holders Incentive Scrips.
This information was given by Shri Jyotiraditya M. Scindia, Minister of State for Commerce and Industry, in a written reply in the Lok Sabha today.
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RJ/MRS
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