Slovenian investment doesn't see 'local' issues as obstacle

Slovenian companies do not forsee any major obstacle in their decision to invest in India despite recent cancellation of coal block and telecom licences.

"Every country has a issue, be it small or big. These are local issues and our dozen-odd companies operating in India are into niche areas and so don't see 'local' issues as obstacles," Slovenian Ambassdor to India Darja Bavdaz Kuret said at MCC Chamber of Commerce & Industry.

At least one slovenian company is engaged in offering technology solutions in underground mining, a Slovenian official said.

Kuret hoped that in the coming years the Slovenia-India bilateral trade would improve despite it having dipped in 2013-14 by 15 per cent to USD 330 million.
 

She said the country was keen in cooperation in renewable energy, IT, defence among others.