WB CM Mamata Banerjee to visit Italy, Germany for foreign funds

To attract foreign investment in the state, West Bengal Chief Minister Mamata Banerjee will go on a four-day visit to Italy and Germany in September.

Two apex chambers of commerce and industry from Germany have invited Banerjee to go with a business delegation, while the Mayor of Rome Virginia Raggi has invited her for a special reception, state finance minister Amit Mitra said.

  • The Chief Minister is already scheduled to attend the canonisation ceremony of Mother Teresa in Vatican City where the late Nobel laureate will be declared a saint on September 4.
  • In September, Banerjee and her delegation will spend two days in Rome and another two days in Germany.
  • There are 500 companies from the state which export to Germany while there are 200 companies from Germany are present in the state,” the finance minister said.
  • In another development, KOTRA (Korea Trade-Investment Promotion Agency) has shown interest in opening an office in Kolkata, he said.
  • “KOTRA’s south Asia director Dong Seok Choi met WBIDC officials after which they have decided to open their first office in eastern India. This will help us bring more foreign investment in the state.