BANGALORE: The ongoing Euro Debt crisis has forced many European Union(EU) countries to look at outside markets to keep their economy breathing. Owing to the same, Slovenia has been pursuing increased ties with India.
Speaking to Express, Janez Premoze, Slovenian Ambassador to India said, “We are expanding markets outside EU, which is our primary market, for tangible and lasting solutions”, he said. Sharing that the current trade between the two countries stood in excess of $300 million, he said that this number was soon rising.
The Ambassador shared that the country specialised in heavy engineering equipment such as turbines which amounted to about 40 per cent of this trade. “The volume of indirect exports to India is double than its direct exports”, he said.