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NewsWhore
12-18-2007, 05:30 PM
Dominican exports to India have increased by 134% during the last year while Indian exports to the DR increased by 234% during that same period. The DR is exporting rum, metals, cacao and tobacco, and is importing more pharmaceuticals from India. India's economy is currently the fourth largest in the world with a total population of 1.1 billion people, making it an attractive market for exporters. Dominican ambassador in New Delhi Hans Dannenberg and Honorary General Consul Fernando Gonzalez Nicolas both agreed that India is a potentially important trading partner due to the increase in bilateral commerce. Dannenberg said that with the opening of the Dominican embassy in India, diplomatic and commercial ties are being strengthened.

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