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From the
Editor-in-Chief
The SAARC Summit held in Bhutan last month was not at all an epoch-making
summit. Nevertheless, it gave the region’s leaders the opportunity to revisit some of
the commitments they collectively made in Colombo and elsewhere on different issues.
Setting aside all bickering they found Climate Change as one area to work together
sans bias. This is definitely a silver lining as the regional bloc is often lampooned for
“a glass half empty or half full” depending on one’s level of cynicism. Our analysis
of SAARC is lively. Read the
Note.
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UK Polls: Great Expectations on the New Coalition
David Cameron becomes the Youngest Prime Minister in 200 years
“I want to make a big, open and comprehensive offer to the Liberal Democrats. I want to work together with them in tackling our country’s big and urgent problems — the debt crisis, our deep social problems and our broken political system”
-- David Cameron Read
the Article.
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16th SAARC Summit: Joint Action on Climate Change in Cards
The leaders strongly condemned terrorism in all forms and manifestations and expressed deep concern over the threat which terrorism continues to pose to peace, security and economic stability of the South Asian region.
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India Expanding Relations with
Latin America and Caribbean As per the recent report issued by
ECLAC (UN Economic Commission for Latin
America and Caribbean) the LAC region
is relatively well placed to withstand
the slowdown in the United States and
the resultant direct and indirect effects
on its exports. The region also enjoys
strong fiscal and debt positions that
may discourage drastic shifts in financial
flows. Latin America is better prepared
because of the progress it has made in
macroeconomic management.
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Bilateral NOTES
Foreign Minister S.M. Krishna Visits Kazakhastan
Iran hosts G15 Summit
India-France Foreign Office Consultations
Japan-India Energy Dialogue
Indo-Seychelles Joint Meeting
India Elected to
UN Committee
India asks Pakistan to Liberalise Trade
Indian President to visit China
India and Venezuela
to Develop US$20-billion Oil Project
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EU DAY
EU-India Business Ties are Stable: Rana Kapoor
In an exclusive Interview, Mr. Rana Kapoor, President of the Council of EU
Chambers of Commerce in India spoke to G. Kalyan Kumar, Editor-in-Chief,
Diplomatist and shared his thoughts on the EU-India business relations and
its future. Kapoor is a doyen in the banking industry and is the Founder/
Managing Director & CEO of YES Bank. Excerpts
EU: A Role Model for Stability
A transformed Europe and a transforming world is shaping the 21st century
India Attracting EU Investors
Ms. Prabha Nair, Secretary General, EBGI spoke to
G. Kalyan Kumar about the role of her organisation
in promoting European Business interests in India
and the emerging opportunities. Excerpts
EU-US Economic Ties: Trade Liberalisation can Yield Vast Benefits
The United States and
European Union are
the largest trading
areas in the global
economy. In 2008, 21.7
percent of US exports
were facilitated in the
European Union while
the imports from the
EU represented 17.7
percent of total US
imports.
EU: Racing Against Recession
Even in the matter of recession, European Union is
making incremental gains. It is slowly recovering
from the deepest recession in its history, with the
Commission’s spring forecast predicting the EU
economy to be growing by 1 percent in 2010 and
1.75 percent in 2011.
India’s SME Growth to Spurt as new Tax Sops in Pipeline
“We have almost
resolved with
all ministries to
implement the PPP to
inspire procurements
from the micro and
small enterprises.
The Ministry has
recommended 20
percent procurement
from this sector only”. -- Dinesh Rai
Secretary, Ministry of MSMEs
INDIA-EU ECONOMIC RELATIONS:
Upcoming BTIA—Prospects
and Challenges
There is a strong
economic reason for
India and EU to enter
into a BTIA. At present,
the EU is India’s largest
trading partner in goods,
second largest trading
partner in services (after
the US), second largest
investor (after Mauritius)
and the largest in terms
of foreign technology
transfer.
G4S India Securing Your World
G4S is the world’s leading security solutions
group, which specialises in outsourcing of
business processes in sectors where security and safety
risks are considered a strategic threat. G4S is the largest
employer quoted on the London Stock Exchange and
has a secondary stock exchange listing in Copenhagen.
G4S has operations in more than 110 countries and over
595,000 employees.
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AFGHANISTAN-INDIA RELATIONS: India Needs to Expand its Role in Afghanistan
After the ouster of the Taliban, India undertook
massive reconstruction and rehabilitation work
in Afghanistan, currently amounting to around
US$2 billion
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to Read.
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G20 Summit in TORONTO: Banking Tax - To Be or Not to Be
Canada will host the G20 Summit
under the theme “Recovery
and New Beginnings,” on 26-27
June 2010. The summit will focus on
recovery from the global economic and
financial crisis and the implementation
of commitments from previous G20
summits, while laying the foundation for
sustainable and balanced growth.
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Africa in Transition: Some Political, Economic and Social Issues
On the occasion of Africa Day, it may
be relevant to look at the socio
political changes taking place
there. This article is an effort in that
direction, trying to analyse the signals
of transition in Africa driven largely by
forces of internal reforms, globalization
and expressions of political will by people
for good governance.
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CII Exim Bank Conclave in New Delhi
The 6th Exim Bank Conclave on
India Africa Partnership, jointly
organized by the Government of
India, Exim Bank and the Confederation
of Indian Industries (CII), was held at Taj
Palace Hotel in New Delhi, India, from
the 14th to 16th of March 2010 under the
theme ‘Developing Synergies: Creating
a Vision’.
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Indian Companies Firming Up Presence in Africa
The India Inc is on an African
safari. The recently held Africa-
India conclave in New Delhi bore
testimony to this. Business projects
worth US$10 billion were discussed in
the conclave. India focuses on capacity
building, training and private investment
in Africa.
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APPARELS & TEXTILES: India making rapid strides in global apparel markets
The Indian textile
and apparel industry
is taking a new
course by entering
the Chinese market.
Most of the top global
apparel retailers,
such as JC Penny,
Nautica, Docker
and Target, have
established their
sourcing network in
India.
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