Hollande said French companies are particularly

Image
Press Trust of India
Last Updated : Feb 15 2013 | 10:30 PM IST
interested in sectors like urban development, railways, space science, energy and nuclear energy given their expertise. Claiming that the the Eurozone crisis is over, Hollande said recession is a major challenge he faces domestically and also invited Indian investments. "We need help of everybody, especially the big emerging economies like India," he said. Speaking about the need to increase bilateral trade, he said even though there is potential to ramp it up to USD 12 billion per year, it is only USD 8 billion now. On the proposed Indo-EU Free Trade Agreement he said all efforts should be made to increase trade. The FTA negotiations are likely to be completed by April. The French President said when it comes to cooperation, there is a need for the engagement to move beyond the traditional defence and nuclear energy, and offered to facilitate measures in the cultural and scientific spheres also.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 15 2013 | 10:30 PM IST

Next Story