Cabinet approves pacts with Ethiopia on trade, Armenia on custom matters
The Dollar Business Bureau The Cabinet on Wednesday approved the trade agreement between India and Ethiopia for boosting and promoting trade and economic cooperation between the two countries. “The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its ex-post facto approval for the trade Agreement between India and Ethiopia for strengthening and promoting trade and economic co-operation,” said an official statement. The trade Agreement between the two countries was signed on October 5, 2017 during the visit of President Ram Nath Kovind to Ethiopia. The new trade agreement will replace the present trade agreement, which was signed between India and Ethiopia in 1982. The new Agreement will provide for all the necessary steps to promote trade, investment economic and technical cooperation ...
India, Armenia sign three agreements to boost bilateral ties
The Dollar Business Bureau India and Armenia on Tuesday signed three agreements to strengthen bilateral cooperation, after Vice President of India Hamid Ansari held discussions with the Armenian leadership including Prime Minister Karen Karapetyan, President Serzh Sargsyan and Foreign Minister Eduard Nalbandian. Both sides also stressed that terrorism is a major concern for the world and there cannot be double standard on this issue. During the discussions, Ansari emphasised that there is nothing like good or bad terrorism. Both sides acknowledged that international community has to speak in one voice against the terrorism and there cannot be double speak on this menace. Armenia stated that how it had provided voluntary support for India at international forums that also include the United Nations (UN). Briefing ...
Government approves pact with Armenia for cooperation in farm sector
Source: PTI Government today approved the signing and ratification of an inter-governmental pact between India and Armenia on cooperation in agriculture. "The Union Cabinet chaired by the Prime Minister Narendra Modi, today gave its approval for signing and ratification of an Inter-Governmental agreement between India and Armenia, on cooperation in the field of Agriculture," an official statement said. This agreement will promote cooperation through short and medium term programmes, within the framework of the joint activities mentioned in the pact, it said. The Biennial Work Plan will be drawn up by mutual agreement between the two parties to give effect to the objectives of the agreement. It will provide for a Joint Working Group for agricultural cooperation which shall be responsible ...
The International North-South Corridor key to Indias trade
The Dollar Business Bureau As highlighted in the Foreign Trade Policy of India, 2015-20, The International North-South Transport Corridor (INSTC) - a multi-modal trade transport network that includes rail, road, and water transport from Mumbai in India via Bandar Abbas in Iran to Moscow in Russia can be a game-changer for India in promoting its trade and investment links with Central Asia. A current-affairs magazine on the Asia-Pacific region reported that the network could be used to explore further options for developing connectivity with other countries such as Turkey and in Eastern Europe. It could facilitate India’s economic integration with Eurasian economies and other countries in surrounding regions. The INSTC has particular economic and strategic relevance to India given the ...
