“Kosovo is a Tax Haven for Indians”: Director General, India Kosova Commercial-Economic Office

There’s good news coming for Indian businessmen who are interested in working with one of Europe’s youngest countries, the Republic of Kosovo, as it opens its very first commercial economic office in New Delhi. 

The objective is to help promote economic cooperation and strengthen the ties between the world’s largest agricultural country and Europe’s youngest country. IKCEO will help work together on various partnerships between MSMEs of both countries, which will include visits of delegations and exploring opportunities in the hospitality, mining, and tourism sectors, to mention a few. “I’m very excited as I could see a lot of potential in Kosovo to bring trade to India and in India to take a lot of trade to Kosovo,” says Payal Kanodia who feels Kosovo’s strategic location could be a delight for Indian corporates to do business there as it’s a tax haven for Indians.

As Kosovo is still unexplored by Indians yet, sharing about various opportunities that it brings, Payal adds, “There are amazing opportunities in tourism, mining, agriculture, real estate, and various other sectors.”                   

When asked about the role that the agriculture industry could play in strengthening the relations, she answers, “Agriculture is the backbone of India and so is it for Kosovo. Our needs are ever-growing. To get agriculture and the tech in agriculture is the future. So, the moment we both have something to give and take, the relationship and business will only grow.”        

The highlight of the evening came when the MoU was signed between India Kosovo Commercial Economic office’s Director General Payal Kanodia and Krishi Jagran’s founder, MC Dominic amidst some of the top officials attending the event.

“Kosovo has got a complete European culture and it’s a very peaceful place. For somebody who’s interested in resorts and hotels, it offers great opportunities. There are a lot of textile manufacturing opportunities. Education too is a very imp segment there as there’re a lot of American schools. Various prospects to get engaged with Kosovo,” adds the President of the Indian Economic Trade Organization, Dr. Asif Iqbal who was attending the event. 

Some other dignitaries who marked their presence at the opening ceremony were Anup Singh, Under Secretary, Ministry of External Affairs; Deepak Kanodia, director, M3M Group; Peter Hobwani from the embassy of the Republic of Zimbabwe and Mohit Srivastava, director, International Cooperation of Indian Economic Trade Organization, to name a few.           

“It was an honor for us to sign the MoU with one of the youngest countries in Europe and share our expertise of more than two decades in the agriculture industry with them. We look forward to working closely,” sums up Dominic.

Well, without divulging much about the agreement, all we could say the teams at Krishi Jagran are quite excited about this association and ready to put in all it can to improve India’s agriculture business, locally or globally!