Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Reenergize Negotiations for Concluding India-GCC FTA Talks: Anand Sharma

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Reenergize Negotiations for Concluding India-GCC FTA Talks: Anand Sharma - News and Press Release Dated:- 18-2-2013 - News - The Union Minister for Commerce, Industry Textiles Shri Anand Sharma, in a bilateral meeting with Ms. Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade, UAE, in Dubai today, said that despite of the fact that UAE is India s top partner amongst the GCC countr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ies and the second largest trading partner for India in the world after China, the bilateral trade does not reflect the full potential and can be further exploited to mutual advantage of both the countries. Shri Sharma conveyed to Ms. Qasimi that UAE should take the lead in reenergizing the negotiations for concluding the India-GCC FTA talks , which have stalled for a while. Shri Sharma was a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lso concerned of the matter that although the bilateral trade between the two regions has grown tremendously, the capital flow between the regions has remained miniscule. Speaking on the same issue, Shri Sharma emphasized the opportunities for increased investments from UAE in India, especially in infrastructure sector such as power and utilities, roads and highways, ports, aviation, telecommunica .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tions and urban infrastructure. He also assured that India is committed to strengthening and expanding cooperation with UAE in other sectors such as construction, downstream products in the petroleum and natural gas sector, agriculture and food processing, science technology, renewable energy, IT, education, training, health and financial services. Highlighting the fact that India is a major .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... exporter of textiles, Shri Sharma also hoped that the UAE Government would give a special concessional treatment to textile imports from India. Shri Sharma also expressed the desire of Indian companies to invest in UAE in energy intensive manufacturing, infrastructure, services, tourism and hospitality, pharmaceuticals and healthcare, financial services, agro-based value chain and education. Al .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ong with this, Shri Sharma conveyed to the UAE Minister India s desire to take part in UAE s projects in the oil, railways, construction and other sectors. DS (Release ID :92273) - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates