Search Result for : Kazakhstan

The Dollar Business Bureau  Based on the theme of ‘Future Energy’, India’s Pavilion at the ongoing international exhibition Expo 2017 in Astana, the capital city of Kazakhstan, is attracting a lot of visitors. The participation of India at the event has been organised by the nodal body of the government to promote country's external trade - India Trade Promotion Organisation (ITPO).  The pavilion was jointly inaugurated by L. C. Goyal, Commissioner, India Pavilion and CMD, ITPO and Harsh Kumar Jain, Ambassador of India to Kazakhstan. The Expo, which is being held from June 10- September 10, 2017, is witnessing participation from 100 nations and more than 10 international organisations. The participation of India at this year’s Expo has become quite significant ...

The Dollar Business Bureau Prime Minister Narendra Modi left for Kazakhstan on Thursday to attend the two-day summit of Shanghai Cooperation Organisation (SCO). During the summit to be held on June 8-9 in Astana, the capital city of Kazakhstan, India is set to become a member of the SCO. The Prime Minister will also attend the inauguration of the Astana Expo 2017 on Friday which is based on the theme of ‘Future Energy’ this year. “At this meeting, on completion of the process, India will become a full Member of the SCO upon which SCO will represent over 40% of humanity and nearly 20% of global GDP,” the PM wrote. “We launched the process of full membership in Tashkent meeting of the SCO last year. I look forward to deepening India’s ...

The Dollar Business Bureau India and Pakistan's admission as full members to the Shanghai Cooperation Organisation (SCO) will be formalised at the political and security grouping's summit in Kazakhstan next week, China announced today, while hoping that they would "strictly follow" its charter. Chinese Foreign Ministry spokesperson Hua Chunying hoped that the admission of India and Pakistan as full members would help improve their bilateral relations. "Hope India and Pakistan strictly follow the charter of the SCO and the idea of good neighbourliness, uphold the SCO spirit, improve their relations and inject new impetus to the development of the SCO," Hua told a media briefing here. She confirmed that the lengthy process of their admission into the group, which took years ...

The Dollar Business Bureau In a bid to expand overseas, the state-run construction company National Building Construction Corporation is mulling to foray into Kyrgyzstan and Kazakhstan markets and  is looking out for partners to form joint ventures. NBCC, a Navratna enterprise under the Ministry of Urban Development, ventured into the overseas markets in 1977 and executed projects in Turkey, Botswana, Libya, Nepal, Yemen, Iraq, Maldives and Mauritius. Besides the plan to establish joint ventures in two countries, the plans to bid for two projects in Oman is also on the cards, NBCC MD Anoop Mittal told the media. Al Naba Services LLC, Oman and NBCC had inked an MoU in order to jointly explore and secure infrastructure projects in Oman and other neighbouring nations. NBCC, ...

The Dollar Business Bureau As World Trade Organisation (WTO) misses its deadline of July 31, to deliver a work programme on the remaining issues of the Doha Development Agenda (DDA), the WTO said that the result is very disappointing and should not become an obstacle to achieving outcomes at the WTO’s Ministerial Conference in Nairobi in December. Director-General Roberto Azevêdo told the WTO members that “This missed deadline does not represent a barrier to delivering in Nairobi – but it should be a wake-up call about our prospects for success.” Doha Development Agenda also known as the Doha round is a round of trade negotiations among the WTO membership with a fundamental objective is to improve the trading prospects of developing ...

Source: PIB, Government of India The Minister of State for Petroleum and Natural Gas (Independent Charge), Dharmendra Pradhan and the Minister of Energy of Republic of Kazakhstan, Vladimir Shkolnik signed the protocol at the 12th India-Kazakhstan, Inter-Governmental Commission meeting, in New Delhi on June 17, 2015. Source: PIB, Government of India   India and Kazakhstan have agreed to conduct a feasibility study on transportation of crude oil and gas from Kazakhstan to India via pipeline or as LNG, said Minister of State (I/C) for Petroleum and Natural Gas Dharmendra Pradhan at the 12th India-Kazakhstan, Inter Governmental Commission meeting, which he co-chaired with Vladimir Shkolnik, Minister of Energy of Republic of Kazakhstan. The meeting also discussed issues pertaining to Economic, Scientific, Technical Industrial and Cultural ...

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 ...