Indonesian Political, Business & Finance News

Rao on trade mission

| Source: REUTERS

Rao on trade mission

NEW DELHI (Reuter): Prime Minister P.V. Narasimha Rao heads to
Vietnam and Singapore today hoping to hitch India's new free-
market economy to two of southeast Asia's locomotives of business
growth.

Senior Indian officials said on Saturday that international
politics would take a back seat to business deals during Rao's
visit to Hanoi on Sept. 5-7, followed by a swing through
Singapore on Sept. 7-9.

"These are not one-off visits," senior Foreign Ministry
official Salman Haider said, referring to Rao's several Asian
trips over the past two years which have taken him to China,
South Korea, Thailand and Indonesia.

"This is part of a pattern of extending our relationships with
countries of regional significance which have growing economic
capacities," Haider told reporters on Saturday.

Traditionally India has forged its strongest trade ties with
the United States and Western Europe. But Asia's stunning
economic advances and a general easing of regional political
tensions have prompted India to turn increasingly eastward.

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