Do More With Reuters
Partner Services

Port of Antwerp eyes growing trade with India

Mon Apr 21, 2008 6:49pm IST
 
Email | Print | | Single Page
[-] Text [+]

MUMBAI (Reuters) - The Port of Antwerp is planning to be a gateway for Indian imports to Europe and sees more manufactured goods sourced from the country in the future, an official said on Monday.

The port, which receives and distributes granite, steel, textiles and chemicals from India, sees these imports rising along with auto components, Raj Khalid, Representative-India, told reporters on the sidelines of a ports and shipping conference.

"Eventually, we think that our growth and the future of this port will be determined by a lot of what happens in India, and we want to put all our efforts into this market," he said.

The port, which handled 182.9 million tonnes of freight in 2007, is holding a two-day interaction for Indian logistics players in May, Khalid said.

Conventional cargo from India to the port, which has 500 acres of covered warehousing, is at about 4-5 million tonnes a year, though it was still hard to project the exact amount given trans-shipments, he said.

Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
Pledge to support economies

G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured.  Full Article | Related Story 

special coverage

Photo
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.  Full Coverage 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SHOWCASE

Sanjay Sinha
Balancing Act

In India, it is a tough choice between growth, managing inflation and financial stability.  Full Article 

 
Nipun Mehta
Road to Recovery

There needs to be an acceptable balance created between education and healthcare and infrastructure spend, says Nipun Mehta of SG Private Banking.   Full Article 

 
Robot Asimo

Snapshots of Honda Motor's humanoid robot Asimo  Slideshow 

 
Marketing Strategy
Marketing Strategy

Companies are now using direct marketing methods to sell their products.  Full Article 

 
Exit Plans
Exit Plans

Factbox - Stimulus exit plans for Asia-Pacific's big 5 economies  Full Article