Irish PM vows to increase trade with India

The visiting PM hoped to re-establish cultural, bilateral and economic ties between the two nations.

india Updated: Jan 20, 2006 22:15 IST

Irish Prime Minister Bertie Ahern, on Friday, pledged to increase bilateral trade between the two countries, pinpointing software and education as areas where collaboration between the countries could be enhanced.

"Current bilateral trade between Ireland and India is 300 million euros, which is not very large. We want to increase that to a large extent," Ahern said.

"We feel that IT services, especially software, in which we have a large share in the European market, is an area where we can co-operate with India," Ahern said on the final leg of the Irish trade mission.

He said that deals worth more than 35 million euros had been signed by companies on both sides during the current trade mission.

"Enterprise Ireland, which organised the mission, estimates that the value of the contracts signed is worth in excess of 35 million euros," Ahern said, adding that his country hoped to re-establish cultural, bilateral and economic ties between the two nations.

India and Ireland had arrived at three agreements on Thursday - a cultural co-operation pact, an agreement on scientific and technological co-operation and an MoU between the Indian National Science Academy and the Science Foundation of Ireland.

First Published: Jan 20, 2006 22:15 IST