India and Belarus have set the trade target of one billion dollar by 2018. The decision was taken at the Seventh Session of the India-Belarus Intergovernmental Commission in Minsk. Commerce and Industry Minister Nirmala Sitharaman co-chaired the meeting. The Belarusian delegation was led by Minister for Industry Vitali Mikhailovich Vovk. <br/><br/>At present the trade between both the country is 400 million dollars. An official release issued by Ministry of commerce said, the two sides noted the potential to step up cooperation in pharmaceuticals, Mining machinery, energy, fertilizer, and tourism. <br/><br/>Both the country also agreed to facilitate business to business contacts to promote investment flows in the two countries. The Belarusian side noted the recent initiatives taken by the Government of India to improve ease of doing business under Make in India and further opening up of the investment regime to attract investment and technology to India.<br/><br/>Both sides also expressed satisfaction in successful supply of equipment by BHEL for the reconstruction of Grodno Power Plant-2 in Belarus and hoped for further participation of Indian companies in projects for the reconstruction of power facilities in Belarus. Ms. Nirmala Sitharaman also called on the President of Belarus Mr. Alexander Lukashenko.