Open the book of universal history at what period we may, it is always the India trade which is the cause of internal industry and foreign negotiation.
In international commerce, India is an ancient country-(19th October, 1899)
I like doing business with people in India.
Prior to 2001, hardly any company in North America or Europe would buy from India.
I am a very big proponent of opening the borders with India. Most of our trade is done through unofficial channels. Why not open the trade?
India has reduced its dependence on Iranian oil. I know their refineries have stopped asking for orders to purchase Iranian oil.
For me, representing India, as much as I can give, I need reciprocal things to be given to me. If I am willing to offer tariff concessions on goods, I want something to be offered by them to boost India's services.
I can't tell you precisely how much participation there will be from India in the One Belt, One Road, but what is clear is the understanding that it is important for us to develop neighbourhood trade.