<p>"We shall see to it that in the global context our economic engagement is intensified as it is expected of a country of India's profile," Sharma said in his first interaction with reporters after being appointed as the Commerce and Industry Minister.</p>.<p>Sharma, who was Minister of State for External Affairs in the previous UPA Government, said he would benefit from his earlier assignment.</p>.<p>"I will benefit from my earlier experiences, particularly from the External Affairs Ministry," he said adding economic diplomacy was a part of the global engagement.</p>.<p>Sharma, 56, thanked Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi for "reposing trust and confidence in me".</p>.<p>He said he was taking a "challenging responsibility". Sharma is taking charge of the trade ministry at a time when India's exports have suffered a severe setback due to the global downturn.</p>.<p>Also, the economy is growing at a much slower pace. For 2008-09, the GDP growth dropped to 6.7 per cent against nine per cent in the previous fiscal. </p>
<p>"We shall see to it that in the global context our economic engagement is intensified as it is expected of a country of India's profile," Sharma said in his first interaction with reporters after being appointed as the Commerce and Industry Minister.</p>.<p>Sharma, who was Minister of State for External Affairs in the previous UPA Government, said he would benefit from his earlier assignment.</p>.<p>"I will benefit from my earlier experiences, particularly from the External Affairs Ministry," he said adding economic diplomacy was a part of the global engagement.</p>.<p>Sharma, 56, thanked Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi for "reposing trust and confidence in me".</p>.<p>He said he was taking a "challenging responsibility". Sharma is taking charge of the trade ministry at a time when India's exports have suffered a severe setback due to the global downturn.</p>.<p>Also, the economy is growing at a much slower pace. For 2008-09, the GDP growth dropped to 6.7 per cent against nine per cent in the previous fiscal. </p>