India-Colombia Bilateral Relations - Eepcindee.com

compared to US$ 6.8 million in 2008.Non-traditional exports, grew 45% to the sum of US$ 3million for 2009. The largest contribution was made by themanufacturing sector whose exports from 2008 to 2009showed positive variations of 84%, reaching US$ 11.3 million.EXPORT TO INDIA IMPORT FROM INDIAPetroleum oils and crude 351 Other commodities 129Coke& semi-coke of Coal 85 Cars 55Polyvinyl chloride 6 Cotton yarn 45Tropical woods 2 Chemical industry products 40Refined sugars 1 Medicaments 29Waste and scrap, copper 1 Heterocyclic compoundswith nitrogen 13Others 4 Others 192Total 449 Total 504Cultural RelationsCOLOMBIA TRADE 2009Source : ITC 2010USD Millioin sThe Cultural Agreement between India and Colombia of1974, is aimed to contribute towards a better knowledgeof their respective cultures.Under this framework, six cooperation agreements betweenuniversities and higher education institutes from bothcountries have been signed, and the ICETEX and the IndianGovernment, under the ITEC scheme , offer scholarships fornationals of both countries.In 2008 and 2009 the Embassy of Colombia in India carriedout the First and Second Colombian Cultural Weeks, inwhich concerts, cinema festivals and literary gatheringstook place. The attendance was massive in Chennai, Delhi,Kolkata, Mumbai and Bhubaneswar, cities where theactivities took place.Bilateral AgreementsvBilateral Investment Promotion and ProtectionAgreement (2009)v MoU on Business Development Cooperation (2010)vDouble Taxation Avoidance Agreement.In the last three years more than two hundred entrepreneursfrom Colombia have visited India. There are Colombianinvestments in India in the sectors of utilities and beverages.Some Indian companiesin ColombiaSource - Embassy of Colombia, New Delhi, India94