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Colombia eyes more exports to India

Tuesday, September 2, 2014

India, with more than one billion consumers, has huge potential for Colombian products at a time when bilateral trade is on the rise, experts from both countries meeting in the Colombian capital have said.

"Although Colombia is India's third largest trading partner in Latin America, after Brazil and Mexico, it only deals with the needs of the energy sector," Christine Salamanca, the director of the Colombia-India Chamber of Commerce and Industry, said.

Last year, bilateral trade reached $4.1 billion and Colombia's exports to India amounted to just under $3 billion, 95 percent of which was petroleum.

Source: Efe