New IPR policy to push economic growth: Minister
The Dollar Business Bureau The national Intellectual Property Rights (IPR) policy is in the offing and release of this policywill give India much-needed push in its economic growth and socio-economic developmental agenda,Union Minister Ram Vilas Paswan has said. The Minister for Consumer Affairs, Food and Public Distribution was speaking at the International Conference on Illicit Trade – Threat to National Security and Economy, organised by Federation of Indian Chamber of Commerce and Industries Committee Against Smuggling & Counterfeiting Activities Destroying Economy ((FICCI CASCADE). Paswan said that the country’s views on IPR and enforcement laws domestically are increasingly important to its international trading partners and to prospective business investors. “Given the key role of technology, invention and innovation in India’s current ...
Motor Vehicle Agreement to be signed between four SAARC nations in July
The Dollar Business Bureau In a move to boost trade, SAARC members Bangladesh, Bhutan, India and Nepal are all set to sign a Motor Vehicle Agreement (MVA) called Bangladesh Bhutan India Nepal (BBIN MVA). Expected to be signed on July 15 by the Indian Minister for Road Transport and Highways Nitin Gadkari and his counterparts in Bhutan, Nepal and Bangladesh, the agreement is expected to provide seamless transit of passenger and cargo vehicles between the countries, thereby, making cross-border trade cost efficient. Once implemented, the agreement is expected to regulate passenger and cargo vehicular traffic between the four nations by reducing complexities and allowing the timely loading and unloading of goods at border crossing points. Finalised at a ...
India, Bangladesh agree to promote seeds exchange
The Dollar Business Bureau India and Bangladesh entered into an agreement to initiate the cross-border trade in High-Yielding Varieties (HYV) of rice seeds. A Memorandum of Understanding to this effect was signed between the Seed associations of the two countries, in New Delhi. While a protocol on the HYV of rice seeds has been signed already between the two countries, also involving Nepal, the latest MoU creates a way for formalization of the same between India and Bangladesh. Although there is no formal trade involving the HYV rice seeds currently between the two countries, there exists higher movement of the same (low-value and high-volume trade) through the informal channels, which may possibly create concerns over food security in the two regions, ...
