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India, Slovenia discuss international issues

Both sides signed an agreement on mutual promotion and protection of investments.

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India and Slovenia today held wide ranging talks on international, regional and bilateral issues apart from inking three pacts to promote investment and enhance cooperation in the field of research and education.

Prime Minister Manmohan Singh and his Slovenian counterpart Borut Pahor held talks during which the two leaders discussed ways to strengthen relations in diverse areas including trade, investment and education.

Both sides signed an agreement on mutual promotion and protection of investments. Finance minister Pranab Mukherjee signed the agreement from Indian side while Darja Radic, minister of economy of Slovenia, signed it for the European country.

A memorandum of understanding was signed between the Bureau of Indian Standards and Slovenian Institute for Standardisation for mutual cooperation in the areas of their interests.

A third MoU was signed between Indian Institute of Science, Bangalore, and Slovenia's University of Nova Gorica for Cooperation in the field of research and education.

In the last five years, trade between India and Slovenia has quadrupled to 245 million Euros and India looks forward to access to central and south east European markets through the European nation.

Slovenia, a part of the erstwhile Yugoslavia, proclaimed Independence in 1991 and was recognised by India in May 1992.

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