INDIA SEEKS BETTER MARKET ACCESS FOR MEAT, MEDICINES IN INDONESIA

NEW DELHI, India -- India is seeking to improve market access in Indonesia for its meat, medicines and auto components, as trade ministers from both countries discussed ways to strengthen commercial ties.

India's Commerce and Industry Minister, Suresh Prabhu met with his Indonesian counterpart, Enggartiasto Lukita in New Delhi on Monday.

Suresh said Indian companies faced regulatory barriers in Indonesia in sectors such as pharmaceuticals, dairy and bovine meat.

In a statement released following the meeting, the Indian Ministry of Commerce said both parties agreed to meet with the regulators to resolve issues related to the pharmaceutical and health sectors.

It also added that Indonesia had agreed "to conduct inspection visits" on facilities in charge of producing dairy products, fresh food of plant origin and meat processing. Market access for automotive and auto components manufactured in India, and greater investment opportunities for joint ventures, textile machinery manufacturing, textile parks and Special Economic Zones were also discussed.

Source: NAM NEWS NETWORK

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