The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) in association with Kingdom of Lesotho jointly organized an interactive session on “Bileteral Trade Relations between India & Kingdom of Lesotho” today (March 05, 2014) at FAPCCI, Red Hills, Hyderabad.
His Excellency Hon. Mr. Mohlabi Kenneth Tsekoa, Hon’ble Minister of Foreign Affairs and
International Relations, Kingdom of Lesotho was the chief guest for this occasion.
Dr. Ashok Kumar Kedia, CEO, Kedia InfoTech & e-Seva World, Mr. Surat Singh Malhotra, Hon. Consul of the Kingdom of Lesotho, Hyderabad, H.E. Mr. Bothata Tsikoane, High Commissioner of the Kingdom of Lesotho, Mr. Mokhethi Shelile, Head, Forign Investment, Kingdom of Lesotho, Mrs. Boopane Masoebe, First Secretary, Kingdom of Lesotho and Mrs. P. Vydehi, Secretary (Incharge), FAPCCI was the other speakers at the occasion.
Mr. Mohlabi Kenneth Tsekoa, Hon’ble Minister of Foreign Affairs and International Relations, Kingdom of Lesotho said that the Lesotho was the rising country in international global market, and the Kingdom of Lesotho offering industrial friendly environment to the industrialists to invest in Kingdom of Lesotho. The investors can develop their own industries in Agriculture, Agri-Tech, Construction, Mining, Engineering, Textiles, Environment, ICS and Tourism segments he said.
The bilateral trade between the India and Kingdom of Lesotho has drastically decreased from USD 24.35 to USD 11.05 Million. The major Indian imports are wool, fine or coarse animal hair, horsehair yarn & woven fabric, apparel and clothing accessories not knitted or crocheted. The Indian exports are mainly pharmaceuticals and fabrics. The potential areas of cooperation are Tourism, Pharmaceuticals, Agriculture, Print Packaging, Renewable Energy, Textile, Education and Infrastructure Development he explained.
Media Release by: Adventura (A Kushmanv Group)