Deccan Herald

India offers to set up e-biz infrastructure in ASEAN 

Manila, PTI:

Observing that Asean provided a huge opportunity for trade, India today offered its expertise in information and communication technologies to set up a sound e-business infrastructure in the region for information sharing, joint ventures and free trade. Addressing the Philippines National Assembly (Parliament), President A P J Abdul Kalam outlined a eight point road map to boost Indo-Philippines trade from the existing 577 million dollars to two billion dollars in the next three years.

The President also called for developing and marketing products in the international market and facilitate setting up of small and medium scale enterprises in the Philippines for production and marketing of farm and agricultural implements. "Nuclear power generation has been given a thrust by the use of uraninum-based fuel (which US is set to supply to India if the deal comes through). However, there would be a requirement for ten-fold increase in nuclear power generation even to attain a reasonable degree of energy self-sufficiency for our country," Kalam said at the Asiatic Society gathering here last night.

*******