An Interactive session was held between India and ambassadors & High Commissioners of European and Oceania Countries in New Delhi. The aim of the interactive session was to take economic ties with European and Oceania countries to a next level. Various trade negotiations were also discussed in the session. Bilateral trade between India and Europe is of USD 130.1 Billion and import and export between the countries has registered double digit growth. India is the fifth largest exporter for Australia and major exports from India to Australia include refined Petroleum, Business services and Pharmaceutical.