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Embassy of India
Bogota
No. BOG/201/1/2009 April 19 2010
Monthly Commercial and Economic Report for Colombia, Ecuador and Costa Rica, March 2010
Colombia
i. GDP
GDP growth for 2009 was 0.4%; total GDP in 2009 was US $ 228.61 billion (IMF).
ii. Rate of inflation
Annual inflation 1.84% (March 2010)
Total Trade
US $ 69.48 billion (January – December 2009)
iii. Total trade in billion US$ and its growth to 10 major countries‐ January – December 2009
Country 2009 2008 % of variation
USA 22.34 25.50 ‐12,34%
China 4.67 4.89 ‐4,49%
Venezuela 4.61 7.27 ‐36,59%
Mexico 2.84 3.71 ‐23,55%
Brazil 2.72 2.89 ‐5,89%
Ecuador 1.95 2.31 ‐15,58%
Germany 1.70 1.45 17,24%
France 1.67 1.04 60,57%
Netherlands 1.60 1.19 34,53%
Switzerland 1.41 1.33 6,02%
Source: Colombian Customs Agency
iv. India‐ Colombia Bilateral trade ( January – December 09 as compared to January – December 08)
Exports to Colombia: US $ 503.82 mn (US $ 528.80 mn in 08);
Imports from Colombia US $ 449.13 mn (US $ 15.69 mn in 08)
Total trade US $ 952.95 million (US $ 544.49 in 2008, increase of 75.02%)
Source: Colombian Customs Agency
v. Top ten items of export from India to Colombia in 2009
Item CIF value in US million Dollars
Share in total exports to Colombia
Vehicles and Auto parts 195.35 38.77%
Organic Chemicals 52.75 10.47%
Miscellaneous Chemical Products
50.31 9.99%
Cotton yarn and woven fabrics of cotton
49.06 9.74%
of cotton
Pharmaceutical Products 41.21 8.18%
Articles of Iron and Steel 13.36 2.65%
Machinery and Mech. Appliances
13.13 2.61%
Man‐made Staple Fibers 11.47 2.28%
Articles of Iron and Steel 10.36 2.06%
Electrical Machinery 8.01 1.59%
Source: Colombian Customs Agency
vi. Top ten items of Import from Colombia by India in 2009
Item FOB Value in US million Dollar Share in total Imports
Mineral Fuels, mineral oils 436.21 97.12%
Plastics and Articles thereof 6.56 1.46%
Wood and articles of wood 1.95 0.43%
Sugars and sugar confectionery 1.09 0.24%
Copper and Articles thereof 0.8 0.18%
Lead and Articles thereof 0.59 0.13%
Aluminum and Articles thereof 0.39 0.09%
Iron and Steel 0.23 0.05%
Glass and Glassware 0.21 0.05%
Inorganic Chemicals 0.15 0.03%
Source: Colombian Customs Agency
vii. The principal five export destinations in 2009
USA
Venezuela
Netherlands
Ecuador
Switzerland
Source: Colombian Customs Agency
viii. The principal five‐import sources in 2009
USA
China
Mexico
Brazil
France
Source: Colombian Customs Agency
ix. The principal five export commodities in 2009
Mineral oils and fuels
Coffee
Iron & Steel
Meat and edible meat loaf
Plastics and articles thereof
Source: Colombian Customs Agency
x. The principal five import items in 2009
Machinery and mechanical appliances
Electrical Machinery and Equipment
Aircrafts, spacecrafts and parts
Vehicles and autoparts
Organic Chemicals
Source: Colombian Customs Agency
i) Other important economic news: Low GDP Grow Rate in 2009: The Government announced that 2009 ended with low GDP growth of 0.5% (2.4% in 2008; 7.5% in 2007). The Government claimed that it had avoided negative growth of the anti‐cyclical policy adopted to overcome the global crisis.
Unemployment rose to 12.6% : The National Administrative Department of Statistics (Dane) reported on 31 March, that the unemployment index in February was 12.6%, 0.1 percentage points more than the figure registered for the same month in 2009, when it was at 12.5%. According to the Dane, during the Dec. 2009 ‐ Feb. 2010 quarter, unemployment was 12.8%.
IMF predicts positive outlook for Colombia: The International Monetary Fund said that Colombia's strong policy framework has helped protect its economy from the global slowdown, setting the stage for a generally positive 2010 outlook. Bolstered by a healthy banking system, "Colombia is well‐placed to confront the challenges.
Tax Collection of governemnt goes up. The Colombian government collected US $8.68 billion in taxes in the first quarter, a 9.6% increase from the same period in 2009, the country's tax agency DIAN. The tax collection in all of 2009 reached Colombian Peso (COP) 68.9 trillion. For
2010, tax collection is expected to reach COP 69.7 trillion. The Colombian government expects to report a consolidated budget deficit equivalent to 3.7% of GDP in 2010, up from 2.8% in 2009.
Colombia‐EU FTA: The industry complained that the Colombia‐EU FTA did not guarantee them with the ability to successfully export their products to the EU, nor did it protect their domestic industry from unfairly subsidized European competitors. The Colombia‐EU FTA is expected to be signed in Madrid on May 19 during the Sixth European‐Latin American and the Caribbean Summit of Heads of State and Governments, which will be attended by Colombian President Alvaro Uribe.
Venezuela: Colombian businesses continue to suffer from trade restrictions implemented by Venezuelan President Hugo Chavez. The restrictions, which aim to block Venezuelan imports of Colombian products, have caused Colombia's exports to its neighbor to drop 77% between January 2009 and January 2010. Colombian exporters complain that the Chavez government is flagrantly violating its commitment to the General Agreement on Tariffs and Trade (GATT), to which both countries are signatories, and using international trade as a political tool.According to Analdex, Colombia has been able to increase trade to new markets recently, including China, Holand, Italy, Denmark, Canada and Puerto Rico.
ii) India‐ Colombia bilateral relations‐ Latest Development
TEXPROCIL Delegation visited Colombia: A delegation of six important textile firms from India visited Colombia from 6‐8 March 2010. The delegation was organized by the Cotton Textile Export Promotion Council (TEXPROCIL). The Embassy of India in Bogota, in collaboration with the Colombia – India Chamber of Commerce in Bogota and Fenalco in Medellin, organized Buyer Seller Meetings in both cities. The participating companies were Nagreeka Exports RatanTextiles, VTX, Loyal Textile Mills, Gomathy Mills Pvt
India to buy thermal coal from Colombia: Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first time as surging electricity demand prompted diversification of purchases, an official said.The first cargo of fuel will be imported in a capesize, a vessel that has a carrying capacity of at least 110,000 deadweight tons. The company is negotiating a long‐term contract. Colombia’s Cerrejon, the world’s largest open‐pit mine producing coal for export, may make its first sales to India this year.
Bajaj three wheelers in Colombia: The Colombian firm, Auteco, representatives of Bajaj Auto makers from India for several years, launched the famous Bajaj three wheeler auto rickshaw in Bogota on 24 March. The vehicle has been homologated and has received all the necessary approvals from the Government of Colombia. It will, however, only serve as a taxi for the present in towns with less than 50,000 population, but will be allowed for private use in other cities. Auteco also markets eight different brands of Bajaj motor cycles in the country with imports exceeding US$50 million per annum in vehicles and parts.
Meeting with Esfera: Second Secretary met Mr. Gopikrishna Lingala Head of Strategy and Business Implementation from Esfera BPO solutions, a Colombian company located in Manizales that provides back office services. They plan to join the India Colombia Chamber of Commerce.
Trade Queries for Colombia Received in March 2010
1
ITEM: MOTORCYCLES
NAME: KASHYAP THAKKAR
COMPANY: ROLEX IMPEX CO
Email: [email protected]
2
ITEM: CHEMICALS
NAME: TANMAY MAHAJAN
COMPANY: ALPHA CHEMIKA
Email: [email protected]
3
ITEM: GARMENTS
NAME: ATUL SHARMA
COMPANY: OMGANESH EXPORTS
Email: [email protected]
4
ITEM: PHARMA
NAME: ANIL GANWAT
COMPANY: SHREE SADGURU BIOLOGICALS
Email: [email protected]
5
ITEM: STONES
NAME: RICHA CHATURVEDI
COMPANY: VENUS STONES PRIVATE LTD
Email: [email protected]
6
ITEM: HOSES
NAME: MOHAN
COMPANY: HOSES WORLD
Email: [email protected]
7
ITEM: COTTON YARNS
NAME: GAURAV PAREEK
COMPANY: RUDRAKSHA INTNAL
Email: [email protected]
8
ITEM: PHARMA MACHINERY
NAME: ANKUR PANCHAL
COMPANY: HITECK MACHINERIES
Email: [email protected]
9
ITEM: POLYESTER ZIPPERS
NAME: MAYANK GUPTA
COMPANY: OLYMPIC ZIPPERS
Email: [email protected]
10
ITEM: STONES
NAME: MANOJ KUMAR
COMPANY: R&M FOREIGN TRADE LTD
Email: [email protected]
11
ITEM: PHARMA
NAME: ABHAY PARULEKAR
COMPANY: SLN PHARMA CHEM
Email: [email protected]
12
ITEM: WOODEN FURNITURE
NAME: SUNIL SHARMA
COMPANY: SUSHIL UDYOG
Email: [email protected]
13
ITEM: GARMENTS
NAME: L.S. SIVAKUMAR
COMPANY: ALS EXPORTS
Email: [email protected]
14
ITEM: SACKS
NAME: AMIT AGARWAL
COMPANY: MAAN
Email: [email protected]
15
ITEM: TOOLS
NAME: SANJAY PATEL
COMPANY: KRISHNA METACRAFT
Email: [email protected]
16
ITEM: CONVEYOR BELTS
NAME: V RAJAN
COMPANY: NORTH LAND RUBBER
Email: [email protected]
17
ITEM: ALUMINUM PILFER PROOF CAPS
NAME: POORMINA PAL
COMPANY: CAPS AND SEAL
Email: [email protected]
18
ITEM: ENGINEERING PRODUCTS
NAME: VIKAS
COMPANY: SRONS ASIA
Email: [email protected]
19
ITEM: CHEMICALS
NAME: SACHIN JHA
COMPANY: SS POLYCHEMICALS PVT
Email: [email protected]
20
ITEM: GRANITE AND MARBLE
NAME: MAHENDRA KUMAR
COMPANY: R&M FOREIGN TRADE LTD
Email: [email protected]
21
ITEM: T SHIRTS
NAME: MOHIT JAIN
COMPANY: MOHIT OVERSEAS
Email: [email protected]
22
ITEM: PHARMA
NAME: PUNEET SHARMA
COMPANY: PROTECH BIOSYSTEMS
Email: [email protected]
23
ITEM: MACHINERY
NAME: S.U. SHAH
COMPANY: ACME MACHINERY
Email: [email protected]
24
ITEM: TEXTILES
NAME: MADHUR SINGHAL
COMPANY: JAIPUR STORES
Email: [email protected]
25
ITEM: PVC VALVES
NAME: NILESH JIVANI
COMPANY: KRANTI PLASTICS
26
ITEM: PLASTICS
NAME: B.K. SINGH
COMPANY: POLYPLAST PVT
Email: [email protected]
27
ITEM: SEVERAL
NAME: UNSPECIFIED
COMPANY: ASAWA INDUSTRIES
Email: [email protected]
28
ITEM: PIPE FITTINGS
NAME: ANIL DHANANIA
COMPANY: SANJAY FORGE PVT
Email: [email protected]
29
ITEM: CINSTRUCTION ITEMS
NAME: AMEYA NISAL
COMPANY: AMEYA NISAL
Email: [email protected]
30
ITEM: GARMENTS
NAME: JTV INTERNATIONAL
COMPANY: NITIN SINGH
Email: [email protected]
31
ITEM: SPICES
NAME: L SUDHIR
COMPANY: SWANANDI ENTERPRISES
Email: [email protected]
32
ITEM: COTTON YARNS
NAME: SANDEEP SHROFF
COMPANY: APEX INTERNATIONAL
Email: [email protected]
33
ITEM: SEVERAL
NAME: MAHESH GUPTA
COMPANY: GOODLUCK STEEL
34
ITEM: CHEMICALS
NAME: VIRAL RAVAL
COMPANY: NESHIEL CHEMICALS PVT
Email: [email protected]
35
ITEM: SOFTWARE DEVELOPMENT
NAME: LAURA ALVAREZ
COMPANY: SYNERGY
Email: [email protected]
36
ITEM: YARNS AND BLANKETS
NAME: ABHINAV
COMPANY: RK FIBRES
Email: [email protected]
37
ITEM: PUMPS
NAME: M UMAR
COMPANY: AQUA SUB ENGINEERING
Email: [email protected]
38
ITEM: GARMENTS
NAME: MR. HARI
COMPANY: GODAVARI VILLAGE CRAFTS
Email: [email protected]
39
ITEM: TEA
NAME: SUNIL GARG
COMPANY: ASIAN TEA EXPORTS
Email: [email protected]
40
ITEM: ENERGIA INTEGRAL ANDINA
NAME: LUISA BAUTISTA
COMPANY: ENERGIA INTEGRAL ANDINA
Email: [email protected]
41
ITEM: IT
NAME: MARCOS CASTILLO
COMPANY: SERVICE SUPPORT GROUP
Email: mcastillo@ssg‐telecom.com
42
ITEM: PHOTOGRAPHIC FILMS
NAME: JUAN MORALES
COMPANY: COMERCIALIZADORA RUV
Email: [email protected]
43
ITEM: ENGINEERING
NAME: CARLOS DELGADO
COMPANY: LABORATORIO MEDY
Email: [email protected]
44
ITEM: MINERALS
NAME: ELICEO HURTADO
COMPANY: GOLD AND COPPER MINE
45
ITEM: EDUCATION MATERIAL
NAME: LUZ BEJARANO
COMPANY: CI ARCANI
Email: [email protected]
46
ITEM: PHARMA
NAME: SHEFALI ROY
COMPANY: EXOTIC NATURALS
Email: [email protected]
Ecuador
i. GDP
GDP in 2009: US $ 55.21 billion (IMF).
ii. Rate of inflation
Annual inflation 3.35% (March 2010)
Total Trade January 2010
US $ 5.25 billion
iii. Total trade in billion US$ in January 2010
Country 2010 2009 % of variation
USA 821,14 648,25 26,67%
PANAMA 306,56 295,22 3,84%
VENEZUELA 208,93 180,99 15,44%
PERU 193,07 177,09 9,02%
COLOMBIA 172,32 176,45 ‐2,34%
CHINA 112,52 108,9 3,32%
CHILE 82,06 77,11 6,42%
ITALY 80,28 80,82 ‐0,67%
BRAZIL 76,48 69,95 9,34%
JAPAN 65,63 63,62 3,16%
Source: Central Bank of Ecuador
iv. India‐ Ecuador bilateral trade January 2010 as compared to January 09)
Exports to Ecuador: US $ 8.13 mn (US $ 8.14 in 09);
Imports from Ecuador US $ 0.5 mn (US $ 0.1 in 09)
Total trade US $ 8.63 million (US $ 8.24 in 2008, increase of 4.73%)
Source: Central Bank of Ecuador
v. Top ten items of export from India to Ecuador January 2010
Item CIF value in US million Dollars
Share in total exports to Ecuador
Iron and Steel 2.50 30.75%
Man‐made Staple Fibers 0.89 10.93%
Plastics and Articles thereof 0.60 7.33%
Pharmaceutical Products 0.48 5.89%
Organic Chemicals 0.45 5.59%
Articles of Iron and steel 0.34 4.20%
Rubber and Articles thereof 0.28 3.48%
Vehicles other than railways 0.28 3.48%
Man made filaments 0.28 3.48%
Machinery and Mech. Appliances 0.27 3.27%
Source: Central Bank of Ecuador
vi. Top ten items of import from Ecuador by India, January 2010
Item FOB Value in US million Dollar Share in total imports
Wood and articles of wood 0.47 94.39%
Aluminum and articles thereof 0.03 5.22%
Live trees and other plants 0.00 0.39%
Source: Central Bank of Ecuador
vii. The principal five export destinations in January 2010
USA
Panama
Peru
Venezuela
Italy
Source: Central Bank of Ecuador
viii. The principal five‐import sources in January 2010
USA
Colombia
Venezuela
China
Brazil
Source: Central Bank of Ecuador
ix. The principal five export commodities in January 2010
Mineral oils and fuels
Edible fruits
Fish and crustaceans
Live trees and other plants
Edible preparations of meat
Source: Central Bank of Ecuador
x. The principal five import items in January 2010
Minerals and fuels
Machinery and mechanical appliances
Vehicles and autoparts
Electrical Machinery and Equipment
Iron and steel
Source: Central Bank of Ecuador
i) Other important economic news:
Colombia to sell electricity to Ecuador to help ease the power shortage caused by a severe drought in the country, Colombian Minister of Mines and Energy said. Colombia has offered to sell an amount of electricity that could meet part of Ecuador's needs.Ecuador has been hit by a severe drought since November, which has dramatically dented the generating capacity of the country's largest hydropower station on the Paute river, which supplies 70 percent of the country's power needs.
Remittance to Ecuador fell: According to a report by Banco Central, remittances Ecuadorans sent to their families in the country totalled $2,495 million in 2009, compared with $2,822 million in 2008, representing an 11.6% decrease, the first time that remittances shrank in relation to a previous year since we've begun analyzing their flow in 2000.
Government revamped Petro‐Ecuador: The Government revamped the State oil company Petroecuador which will shortly be named Petroecuador E.P. The Navy officials who were in charge for about two years handed over finally with President, Admiral Luis Jaramillo handing over to former Admiral Manuel Zapater. The Company still faces problem of production and investment which are to be resolved. Separately, Natural Resources Minister Germanico Pinto chaired the OPEC meeting in Vienna as current President of the grouping at which it was decided not to raise production quotas.
Spanish Company to execute Tourist Train project: On 23 March, Government announced that a Spanish Railway Company, FEVE, would execute a project for a tourist train from Duran in the south‐west to the capital Quito for a value of US$12 million. President Correa had expressed an interest in contracting a rehabilitation of the entire rail network of this trip to the Indian company IRCON but the Ecuador Government agency had not submitted suitable projects despite the offer of a line of credit of US$50 million from the Government of India. GDP growth of Ecuador in 2010: The Government announced that after negative growth in the last quarter of 2009, the year ended with overall GDP growth of 0.36% as compared to 6.52% in 2008. The forecast for 2010 is 0.98% growth.
Ecuador rejected International Arbitration: Ecuador on 31 March, rejected an international arbitration panel decision ordering the country to pay 700 million dollars in damages to US oil giant Chevron. Attorney General Diego Garcia said Quito is "analyzing" the ruling by the Permanent Court of Arbitration in The Netherlands, and would use "all legal mechanisms" to respond to the decision. The ruling found that Ecuador had violated a bilateral investment treaty with the United States and is related to seven trade complaints filed between 1991 and 1993 by Texaco Petroleum, which Chevron purchased in 2001. The Ecuadorans allege that the oil company dumped billions of gallons of toxic waste into the Amazon. Some experts estimated in 2008 that Chevron could be liable for damages of up to 27 billion dollars. Meeting of BOP Committee: The meeting of the BOP Committee was held on 22.3.2010. The Chairman then took up the issue of the BOP measures that were put in place by Ecuador which it intended to dismantle in a phased manner. US expressed systemic concern on why Ecuador did not report prior to the 22.1.2010 deadline that they would seek an extension in implementation. In their view the notifications by Ecuador was not in compliance with its commitment to remove BOP measures. India expressed appreciation at the time plan proposed by Ecuador in phasing out its BOP measures and asked them to adhere to it.
i) India‐ Ecuador bilateral relations‐ Latest Development
Plexconcil delegation visited Ecuador: The Embassy organized a Buyer‐Seller Meeting for the Plastics industry in Guayaquil on 16 March. A delegation of businessmen organized by Plexconcil were received by the Chamber of Commerce of Guayaquil and met with several Ecuadorean businessmen at a well attended Buyer‐Seller meeting. The participating companies were Bhayani Plastic India Plastene, Crystal Plastic and Metallizing pvt, MSM Refill Manufacturers.
Trade Queries for Ecuador Received in March 2010
1
ITEM: CONVEJOR BELTS
NAME: V RAJAN
COMPANY: NORTH LAND RUBBER
Email: [email protected]
2
ITEM: GARMENTS
NAME: FERNANDO MONCAYO
COMPANY: ASIAM
Email: fmc@asiam‐lat.com
3
ITEM: YARNS AND BLANKETS
NAME: ABHINAV
COMPANY: RK FIBRES
Email: [email protected]
4
ITEM: PUMPS
NAME: M UMAR
COMPANY: AQUA SUB ENGINEERING
Email: [email protected]
Costa Rica
i. GDP
GDP for 2009 was US $ 29.29 billion (IMF).
ii. Rate of inflation
Annual inflation 2.57% (March 2010)
Total Trade
US $ 20.17 bn
iii. Total trade in million US$ and its growth to 10 major countries January – December 2009
Country 2009 2008 % of variation
USA 4,016 4,910 ‐18.21%
MEXICO 754 981 ‐23.12%
CHINA‐TAIWAN 727 955 ‐23.83%
GUATEMALA 513 548 ‐6.36%
PANAMA 476 541 ‐12.05%
NICARAGUA 370 421 ‐12.04%
COLOMBIA 320 414 ‐22.83%
BELGIUM‐LUXEMBURG 290 332 ‐12.52%
SALVADOR 278 352 ‐21.05%
GERMANY 275 376 ‐26.69%
Source: Central Bank of Costa Rica
iv. India‐ Costa Rica bilateral trade ( January – December 09 as compared to January – December 08)
Exports to Costa Rica in 2009: US $ 47.42 mn (US $ 50.15 in 08)
Imports from Costa Rica in 2009 US $ 29.27 mn (US $ 28.49 in 08)
Total trade US $ 76.69 million (US $ 78.64 in 2008, decrease of 2.48%)
Top ten items of export from India to Costa Rica from January to December 09
Item CIF value in US Share in total exports to Costa
million Dollars Rica
Organic Chemicals 16.09 33.94%
Pharmaceutical Products 10.86 22.90%
Vehicles other than railways 4.05 8.54%
Paper and paperboard 2.00 4.21%
Rubber and Articles thereof 1.87 3.93%
Electrical/electronic machinery 1.66 3.51%
Iron and Steel 1.20 2.54%
Sets, worn clothing and worn textile articles 1.03 2.17%
Clothing accesories not knitted or crocheted 0.90 1.90%
Machinery and Mech. Appliances 0.71 1.49%
Source: Procomer
Top ten items of import from Costa Rica by India, January – December 09
Item FOB Value in US million Dollar
Share in total imports From Costa Rica
Wood and articles of wood 12.81 43.14%
Machinery and Mech. Appliances 8.59 29.71%
Glass and glassware 2.33 7.96%
Iron and Steel 2.21 7.55%
Oil seeds and oleaginous fruits 1.52 5.19%
Electrical/electronic machinery 0.66 2.25%
Articles of iron and steel 0.26 0.86%
Plastics and articles thereof 0.21 0.70%
Organic Chemicals 0.17 0.57%
Photographic, medical and measuring instruments 0.15 0.50%
Source: Procomer
vii. The principal five export destinations (January‐December 2009)
USA
Nicaragua
Belgium
Panama
Guatemala
Source: Central Bank of Costa Rica
viii. The principal five‐import sources (January‐December 2009)
USA
Mexico
China
Colombia
Brazil
Source: Central Bank of Costa Rica
ix. The principal five export commodities (January‐December 2009)
Manufactures
Agro and sea products
Bananas
Coffee
Meat
Source: Central Bank of Costa Rica
x. The principal five import items (January‐December 2009)
Raw material and intermediate products
Consumption goods
Capital goods for industry and Mining
Capital goods for transport
Fuels and oils
Source: Central Bank of Costa Rica
i) Other important economic news:
Laura Chinchilla nominated new economic team: President‐elect Laura Chinchilla nominated her economic team with three of the six Ministers being females ‐ the Ministers of Economy, Industry and Commerce; Foreign Trade; and Agriculture and Animal Husbandry. She also named the Ministers of Finance; Public Works and Transport; and Tourism. She announced that there would be a new Executive President of the Central Bank and that she herself would head a newly formed National Competitiveness Council to improve Costa Rica´s exports and competitiveness in other sectors such as education, informatics etc.
India Costa Rica bilateral relation latest development Plexconcil delegation visited Costa Rica: The Embassy organized a Seminar and Buyer‐Seller meeting for the Plexconcil Plastics delegation in San Jose in collaboration with the Costa Rica Council of Importers ‐ CRECEX – in San Jose on 18 March. The event was very well attended with several Costa Rican businessmen showing interest in the Indian Plastic industry.
Trade Queries for Costa Rica Received in March 2010
1
ITEM: PHARMA
NAME: JALINDAR KUMBHAR
COMPANY: CADILA PHARMA
Email: [email protected]
2
ITEM: PUMPS