Tuesday, October 7, 2008

Trade boost in sight as Marseilles and Mumbai sign twinning agreement

The Port of Marseilles, France and the Port of Mumbai, India’s fifth largest port, have signed a twinning agreement enabling the cooperation on trade development, engineering, management and security issues.

Trade between Marseilles-Fos and India is currently modest. About 20 percent of last year’s 300,000 tonne total was via Mumbai, which is now seeking to expand its container, export cars and oil products markets in southern Europe and North Africa. Marseilles’ director-general Jean-Claude Terrier and Mumbai’s director-general Rahul Asthana signed the agreement.
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