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Strong trade, economic ties sought with India

Cote d'Ivoire sought on Monday to strengthen trade and economic ties with India so it could transform its predominantly agricultural economy, into an industrialised one, the Press Trust of India (PTI) reported.

"Steps have to be taken to boost bilateral trade between the two countries which at present amounts to only sixty million US dollars and is in favour of India," Jean Claude Brou, the chief of cabinet of the Ivorian prime minister, told a meeting organized by the Confederation of Indian Industry in Mumbai (formerly Bombay).

Cote d'Ivoire, he said, wanted to industrialise as a cushion against the impact of adverse movements in the prices of agricultural products.

PTI reported him as saying that opportunities for Indian industry in the Ivorian economy existed in food processing, mining, oil and natural gas, farm equipment, pharmaceuticals, machine tools, tourism, infrastructure projects like roads, ports and telecommunications.

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