December 18, 2012 7:17 PM

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India to be made attractive destination for investment : MOS for Commerce and Industry

Minister of State for Commerce and Industry, S. Jagatharakshakan has said, the government is committed to make India an attractive destination for investment through more effective coordination of developmental efforts.

Addressing the second India-ASEAN Business Fair in New Delhi today, the Minister said, ASEAN is one of the most dynamic economic regions of the world over the past two decades and the government is ready to enhance the level of economic cooperation with South East Asia.

AIR Correspondent adds, the year 2012 marks the 20 years of dialogue and 10 years of summit level partnership between India and ASEAN. In the last two decades the bilateral flows of Foreign Direct Investment (FDI) between ASEAN and India has reached 45 billion US dollars.

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