• Short Summary

    The Algerian and Indian Governments signed the first-ever trade agreement between the two countries in New Delhi on Wednesday (15 November).

  • Description

    The Algerian and Indian Governments signed the first-ever trade agreement between the two countries in New Delhi on Wednesday (15 November). The agreement was signed by visiting Algerian Minister for Trade Layachi Yaker and Indian Foreign Trade Minister L.N. Mishra.

    The trade agreement provides for a limited trade between the two nations, under which India is to supply Algeria with machine tools and other industrial goods.

    The trade agreement will be reviewed next year when India and Algeria are expected to consider wider trade proposals.

    SYNOPSIS: Indian and Algerian Government officials met in New Delhi on Wednesday, to sign the first-ever trade agreement between their two countries. The agreement was reached following negotiations between the Indian and Algerian Trade delegations to this year's Asia '72 Trade Fairs, in New Delhi and Algiers.

    The new trade agreement provides for limited trade between the two nations. India has guaranteed to supply Algeria with machine tools and other industrial goods. This agreement, however, will be reviewed next year, when both governments hope to consider wider trade proposals.

    The trade agreement was signed by Indian Foreign Trade Minister L.N. Mishra, and by Algerian Minister for Trade Layachi Yaker. The Algerian delegation are visiting India as guests of the Indian Government. Once the documents were initially signed, they were exchanged and countersigned by the two Ministers.

    The ceremony over, Mr. Mishra and Mr. Yaker shook hands, before the Algerian delegation was taken on a tour of exhibitions at New Delhi's Asia Fair.

  • Tags

  • Data

    Film ID:
    VLVA11L0C59SVIF4JARUR3Z3RMG1Y
    Media URN:
    VLVA11L0C59SVIF4JARUR3Z3RMG1Y
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    17/11/1972
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:20:00
    Time in/Out:
    /
    Canister:
    N/A

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