India Invites Entrepreneurs From Lebanon

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New Delhi: A Lebanese delegation under the leadership of Agriculture Minister of Lebanon, Mr. Akram Chehayeb met Union Agriculture Minister  Radha Mohan Singh in New Delhi today. Radha Mohan Singh urged Lebanon’s delegation to avail investment opportunities in India in the setting up of Mega Food Parks and Cold Chain for ensuring better supply chain. Singh asked Lebanon to participate in international food fairs to promote exchange of information on processing techniques including modern technologies of fruits and vegetables and new packaging techniques for food products.

Institutional cooperation for exchange of information on research and development and transfer of technology and know-how can also be entered into, he added. Mentioning Agricultural trade between the two countries, he emphasized the need for encouraging potential trade opportunities and cooperation in agriculture sector to enhance bilateral relations.

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He said that during the period 2013-14, India’s total export of agricultural commodities to Lebanon was US$ 69.41 million and during the same period agricultural import from Lebanon was US$ 0.47 million. Singh said that Lebanon imports from other countries of the world agricultural items such as fresh potatoes and tomatoes, durum wheat and sugar in which India has potential to export to Lebanon  Singh requested to explore possibilities for importing of these and other items from India to enhance bilateral trade between the two countries.

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