Axis of Oil

Bahree, Megha
July 2010
Forbes Asia;Jul2010, Vol. 6 Issue 8, p16
The article reports on the increasing bilateral trade between India and North Korea. According to the trace association Confederation of Indian Industry, India exported refined petroleum products worth 940 million dollars to North Korea. Fereidun Fesharaki, chairman of Facts Global Energy in Singapore, says India is the largest exporter of refined petroleum products in the Middle East and Asia and Indian private sector is already looking for overseas business.


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