New Delhi, Jan 31: India today sought enhanced bilateral co-operation with Romania in five core areas of energy, information technology, power, Pharma and heavy engineering and said trade between the two countries was below potential at present. Speaking at a business meeting in the honour of Romanian President Ion Iliescu, Minister of State for External Affairs Vinod Khanna said Romania should be an important destination for Indian businessmen, especially as the country was set to join the European Union in 2007. The Romanian president also agreed with Mr Khanna and said Indian businessmen should participate aggressively in the modernisation of the Eastern European nation. ''Our economy is growing at five per cent and the inflation levels are also falling.
Mr Iliescu also spoke about the economic reforms in his country after the Romanian revolution. Bureau Report