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India,
EU Seek to Enlarge Bilateral Trade
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To
boost bilateral trade between the India
and the European Union (EU), a 13.35 million
Trade and Investment Development Programme
(TIDP) was launched on May 25. The programme
was launched at a workshop organised by
Overall Technical Assistance Team of the
EU, in co-operation with the Confederation
of the Food Trade and Industry of the Federation
of Indian Chambers of Commerce and Industry.
Speaking at the launch of the programme,
Mr Etienne Claeye, Head of Operations, EU
delegation in New Delhi, said that while
India's exports and imports to the EU stood
at 22 per cent and 17 per cent respectively,
it accounted for a mere 1.5 per cent of
EU's global trade. "These figures present
great opportunity for both the EU and India
to increase trade and investment either
way," he added. Speaking in favour of growth
of India's trade with EU, he said, additional
exports worth 1 million to India would translate
into 2,500 stable jobs and support the livelihood
of about 10,000 people. The programme seeks
to strengthen the food testing laboratories
in Kolkata, Mumbai, Chennai, Cochin, Kollam,
Porbandar and Veraval with a total investment
of 3 million. Another 2.74 million would
be spent in exposing three inspecting agencies
and the private sector to the best practices
in the EU through study tours and training.
Courtesy:
www.thehindubusinessline.com, May 27, 2006
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India,
Japan Join Hands to Make Sea Lanes More
Secure
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Defence
Minister Pranab Mukherjee, currently in
Japan on an official visit, today announced
that strategic cooperation between the two
countries needed to aim at maritime security
in the sea lanes of trade, including the
Malacca Straits. After a meeting with Japan's
Minister for Land, Infrastructure and Transport
Kazuo Kitagawa, Mukherjee said, ''The security
of sea lanes, which carry major energy sources,
and the growing concentration of lethal
weapons at the hands of non-state actors
require the collective intervention of the
world community who have interest in peace
and stability of the world.'' ''Therefore,
we do feel, in order to ensure the maritime
security in the Indian Ocean, cooperation
on Malacca Straits between India and Japan
will be helpful,'' he added. The two countries
decided to enhance cooperation to tackle
transnational organised crimes at sea, such
as piracy, armed robbery, trafficking in
illegal migration, arms and drugs. They
also agreed to cooperate in search and rescue
operations and protection of marine environment.
Concrete measures decided as part of the
joint statement include annual Coast Guard
talks, regular exchange of visits, exchange
of Coast Guard ship visits, combined exercises
for anti-piracy, search and rescue and disaster
relief. Earlier in the day, the Defence
Minister visited Nippon Electronic Corporation
(NEC), one of Japan's electronics giants,
which also participates in a big way in
the country's defence market. As the Indian
armed forces move towards obtaining a network-centric
capability, replete with the best digital
communications technology, New Delhi sees
Japan as providing crucial niche products
in the modernisation process. Six army personnel
completed the first-ever ascent by an Indian
team of the 8,201-metre Mount Cho Oyu in
Tibet, the sixth highest mountain in the
world, on May 23. Seven other members of
the team climbed the peak on Friday. Cho
Oyu is the fifth mountain higher than 8,000
metres conquered by the Indian Army. The
expedition was led by Lt Col Anand Swaroop
and included Naib Subedar CN Bodh, who is
now the only Indian to have climbed five
of the eight mountains higher than 8,000
metre.
Courtesy:
The Indian Express, May 27, 2006
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India
to Help Bhutan Conduct 2008 Elections
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India
will help Bhutan to hold the first ever
national elections in 2008 when the Himalayan
kingdom formally makes its transition from
a monarchy to a parliamentary democracy.
India's chief election commissioner BB Tandon
and his Bhutanese counterpart Dasho Kunzang
Wangdi signed a memorandum of understanding
in Bhutan's capital Thimphu on Wednesday.
Bhutan has sought the help of India's Election
Commission to train Bhutanese citizens and
its officials to participate in and conduct
the historic polls. "The exchange of visits,
training of Bhutanese election workers,
and the exposure to the electoral processes
in India would go a long way in helping
us to prepare for the historic elections,"
Wangdi was quoted as saying by the kingdom's
government-run newspaper Kuensel. Tandon
during his meeting with Bhutanese election
commission officials cautioned the Himalayan
nation against the use of 'money power and
muscle power' when it goes to the polls.
"The judicial system also needed to work
fast to prevent criminal elements influencing
the voting," the Kuensel quoted India's
chief election commissioner as saying. Bhutan's
bid to hold the first ever national elections
in 2008 has been formalised with King Jigme
Singye Wangchuck appointing Wangdi as the
chief election commissioner in January to
finalise the constituencies for the polls.
Courtesy:
The Times of India, May 26, 2006
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India
to Buy 3 More Stealth Frigates Soon
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In
a major defence deal, the Navy is all set
to order three more Talwar-class "stealth"
frigates from Russia. To be inducted within
five years, these multi-role guided-missile
warships will cost well over Rs 1,000-crore
each. That's not all. Faced with rapidly
depleting force-levels, the Navy now has
as many as 33 warships "under production
or order", mainly in public sector shipyards,
to retain its war-waging capabilities. Moreover,
the Navy has also got government approval
"in principle" for 30 more warships after
these 33. "The technical and commercial
negotiations for the three new frigates
from Russia have now been wrapped up. The
contract will be signed formally as soon
as the Cabinet Committee on Security (CCS)
approves it," said sources. The first three
such frigates, INS Talwar, INS Trishul and
INS Tabar, were inducted in Navy in 2003-2004
after considerable delay due to glitches
in missile systems. The Navy, however, now
simply loves these 4,000-tonne frigates
due to the deadly punch they pack, with
a wide array of sensor and weapon systems,
including the 200-km-range 'Klub-N' cruise
missiles. The next three frigates, incidentally,
will also be armed with the 300-km range
BrahMos supersonic cruise missiles. While
the six Scorpenes will be ready between
2012 and 2017, the ADS will be fully operational
only by 2014 or so. The Navy, of course,
is eagerly awaiting the induction of aircraft
carrier INS Vikramaditya (the 44,570-tonne
Admiral Gorshkov undergoing a refit in Russia),
with its 16 MiG-29K jet fighters, in end-2008.
The other indigenous projects include three
Shivalik-class stealth frigates and three
Kolkata-class destroyers at Mazagaon Docks;
four anti-submarine warfare corvettes, two
fast-attack crafts and three landing ship
tankers at Garden Reach Shipbuilders and
Engineers (GRSE) at Kolkata; and three offshore
patrol vessels at Goa Shipyard Ltd.
Courtesy:
Times of India, May 10, 2006
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India
to Serve on Human Rights Council of UN For
One Year
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India,
which has won the election to the newly
established Human Rights Council of the
United Nations, would serve on the body
only for a year. The Council members would
have three year terms with one-third retiring
each year. Since this was the first election,
lots were drawn to decide which countries
would retire at the end of first and second
year. In the Asian group, India along with
Bahrain, Indonesia and the Philippines will
retire at the end of the first year. Pakistan,
Japan, Sri Lanka and South Korea will retire
at the end of second year. Bangladesh, China,
Jordan, Malaysia and Saudi Arabia will serve
full three-year term. The vote yesterday,
in which the entire membership of the world
body participated showed India securing
173 of the 191 votes. Also, India got far
more votes than both Japan and China, whose
tally was 158 and 146 respectively. In the
African group, Algeria, Morocco, South Africa
and Tunisia will serve for one year, Gabon,
Ghana, Mali and Zambia for two years and
Cameroon, Djibout, Mauritius, Nigeria and
Senegal full three-year term. In the Eastern
European group, Poland and Czech Republic
will retire at the end of first year, Romania
and Ukraine second year and Azerbaijan,
Russia will serve full three year term.
In the Latin American & Caribbean group,
Argentina and Ecuador will serve for one
year, Brazil, Guatemala and Peru for two
years and Cuba, Mexico and Uruguay for three
years. In Western European and Others group,
Finland and Netherlands are slated to retire
at the end of first year, Britain and France
at the end of second year and Canada, Germany
and Switzerland would serve for three years.
Courtesy:
The Hindu, May 10, 2006
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With
economic growth of 8 percent in the last
quarter, the importance of India to the
global economy is set to increase in the
coming years and hence it is important for
the European Union and India to make greater
efforts to solidify their strategic partnership.
This gist emerged from a hearing on "EU-India:
Shift in the centre of gravity of trade
policy,'" held in the European Parliament
in Brussels last week. Indian's ambassador
to the EU Dipak Chatterjee said the growing
trade figures between the 25-member European
Union and India shows that the Indian market
is open and receptive to European products.
EU-India trade has grown impressively over
the years, from 4.4 billion euro in 1980
to 33 billion euro in 2004. Chatterjee stressed
the importance of the services sector in
both the EU and India (the services sector
accounts for 70 percent in Europe and 50
per cent in India). "Both of us have strong
interest for the services sector as a critical
input in the manufacturing sector, improving
the overall efficiency and competitiveness
of the economy. "India's top diplomat in
Brussels called for a relaxation of stringent
visa systems and immigration laws in the
EU. "India is now looking at several different
partners such as the US, China and Australia,
so it is important for the EU to be there,'"
asserted Neena Gill, who was born in Chandigarh
but now a British Labour Member of the European
Parliament.
Courtesy:
The Pioneer, May 08, 2006
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India,
NZ Forge New Links
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It's
now the turn of Kiwiland to forge a new
education partnership with India, which
goes beyond admitting Indian students. This
was the message which was conveyed to India
during the recent visit of Hon Trevord Mallard,
economic development minister, New Zealand
(NZ). The visit of Mallard focussed on strengthening
and forging a new partnership in the area
of research between NZ and Indian institutions.
"We are exploring new opportunities that
NZ has to offer to Indian students and institutions.
In 2005, there were 3340 Indian students
compared to 164 in 1998. The NZ international
education market is $2 billion per year.
The Indian market itself is estimated at
$60 million. Our visit centres around raising
awareness about the programmes for international
students available in our country," said
Mallard. The minister also announced that
an education counsellor would be based in
the Capital from year-end to promote closer
partnership between institutions in both
countries. This initiative is part of government
of NZ's commitment made in 2004 when NZ$40
million were allocated over four years to
broaden the international education framework.
This is being achieved through appointment
of seven offshore education counsellors,
improving quality systems across sectors
and for a scholarship and study abroad programme
for NZ and international students. The counsellor
in the Capital as Mallard remarked, "will
support relationship-building by promoting
NZ knowledge of policy, practice and directions
in Indian education, assist Indians in understanding
the strengths and policies of the NZ systems."
The counsellor will also focus on expanding
tertiary links, particularly in research,
biotechnology and ICT industries and on
student and staff exchange. The minister
also announced that the NZ government has
lowered the cost of PhD programmes and international
students will be given domestic student
status and not charged full fees by the
universities. He also talked about scholarship
programmes for international PG and UG students.
Courtesy:
The Times of India, May 07, 2006
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NRI
Appointed to Top New Jersey Post
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Uttar
Pradesh-born Ved Chaudhary, an Indian American
agricultural engineer and management specialist,
has been appointed assistant commissioner
for finance and budget in the New Jersey
Department of Environmental Protection (NJDEP).
A political appointment in New Jersey Governor
Jon Corzine's administration, Chaudhary's
responsibilities will include finance and
budget, human resources, information resource
management, occupational safety and health,
general services and property management,
audit, equal opportunity, and public records
access. Hailing from Etawah in India, Chaudhary
came to the US in 1965 to do his masters
degree in agricultural engineering from
Rutgers University. He worked in AT&T Bell
Labs, ITT (Europe), Bell Communications
Research (Bellcore) and Telcordia Technologies
for more than 25 years. He has managed high
profile projects in Europe, Africa and the
Middle East apart from the US. Chaudhary
has also served as presidents of the Association
for the Advancement of Asian Americans,
the '80/20 Initiative' for equality and
justice for Asian Americans (NJ Chapter),
and the Indian American Forum for Political
Education. He is also the founder of the
Hindu International Council Against Defamation,
on the lines of the Jewish Anti-Defamation
League, to take action against any misinformation
or defamation of Hindu gods and rituals.
The NJDEP appointment is being seen as recognition
of Chaudhry's vast work experience in various
sectors.
Courtesy:
The Times of India, May 05, 2006
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India
May Sew up $7-bn Iran Pipeline Deal in June
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India,
Pakistan and Iran are expected to close
the $7-bn gas pipeline deal in June, possibly
overriding US' pressure for a rethink. Deputy
oil minister of Iran Mohammad-Hadi Nejad
Hosseinian will arrive in Delhi with his
eight-member delegation, following up a
visit to Pakistan. "A trilateral meeting
of secretaries will be held in Islamabad
from May 22-24 to take the issue further,"
petroleum secretary M Srinivasan said on
the sidelines of the inauguration of a drilling
ship, Joides Resolution. The Pakistan talks
will be followed by ministerial talks in
Iran in June, when a final draft will be
prepared, he said. Asked about pressure
from the US to reconsider the proposal,
Mr Srinivasan said: "Our considerations
remain the same, despite the concerns."
The petroleum secretary was in Tehran recently
for talks on the pipeline. Before that,
the oil minister of Pakistan had made a
trip to Delhi to see how the project could
be carried forward. The Iranian delegation
is visiting Pakistan and India to speed
up the project and work on the fine-print
of the deal. All sides are keen to conclude
the deal, initiated more than a decade ago.
Political uncertainty between India and
Pakistan, as well as an Iranian nuclear
policy that has raised US hackles, have
kept the plan on the backburner. The pipeline
through Pakistan would link Iran, which
has the world's second-largest gas reserves,
and is expected to take care of India's
energy needs for at least 25 years. The
2,670-km pipeline will run 1,115 km in Iran,
705 km in Pakistan and 850 km in India.
Courtesy:
The Economic Times, May 01, 2006
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