Murmu: India's trade with Serbia can reach 2 bln dollars

BELGRADE - Indian President Draupadi Murmu said on Thursday in Belgrade the volume of Serbia-India bilateral trade could rise from the present 320 mln dollars a year to 1 bln or 2 bln by the end of this decade.

"I have reached an agreement with Serbian President Aleksandar Vucic to deepen cooperation in all spheres," Murmu said at a Serbia-India business forum at the Palace of Serbia.

"Businesspeople who are here today can become a driving force of our two countries," she added.

She also said the Indian economy continued to perform well and was one of the fastest-growing economies and currently the fifth-largest in the world, and noted that it could jump to the third place by the end of the decade.

"We are developing in the pharmaceuticals industry, renewable energy sources, the IT sector, telecommunications and space technology," Murmu said.


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