President Klaus calls on India to further liberalise its markets

Czech President Vaclav Klaus, now in India on an official visit, has urged the South Asian country to further liberalize its economy, saying Czech businesses are keen to invest in India's energy, information technology and glass industries, the Associated Press reports. Two-way trade between India and Czech Republic has risen to $500 million thus far in 2005 from $150 million over the same period in 2001. Speaking in New Delhi, Mr Klaus also said his country supported India's bid for a permanent seat on the United Nations Security Council.

Author: Brian Kenety