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India 7th in world telecom sector
Kolkata: India has jumped to the seventh spot in the world in telecommunication sector in 2002 after being in the 14th position four years ago.

Minister of state for telecommunication Tapan Sikdar said, "In the world of telecommunication, India is in 14th position in 2002. In 1999 we were seventh. This was made possible due to immense development in this sector."

Going by the trend of development, there was hope that the country would be in third or fourth place within a few years, Sikdar said.
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Duty-free access to 40 Bangladesh products
Dhaka: India has agreed to provide duty-free market access to 40 Bangladeshi products under 16 categories to boost bilateral trade and bridge burgeoning trade gap between the two neighbours.

The decision to give duty-free access to Bangladeshi goods came at the extended commerce secretary-level meeting between the two countries.

A joint press statement issued at the end of the talks said India agreed to provide duty-free access to Bangladeshi exportables including prepared food, pharmaceuticals, cosmetics, toiletries, soap, leather products , electrical wires, battery, electrical goods, aluminium products, artificial flowers, voltage stabilizer, transformers and furniture.
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Ficci pacts with Phnom Penh body
New Delhi: The Federation of Indian Chambers of Commerce & Industry signed an agreement of cooperation with Phnom Penh Chamber of Commerce (PPCC) on 10 April.

The aim of the MoU is to promote, improve and develop economic relations and trade between the business communities in India and Cambodia.
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domain - B : Indian business : News Review : 11 Apr 2002 : general