Wednesday, July 28, 2010

UK and India relationship 'beneficial for the world'

British Prime Minister, the Rt. Hon David Cameron MP wrote in Indian daily, “To show how serious I am, I have brought with me the biggest visiting delegation of any British Prime Minister in recent memory: members of my cabinet, industry leaders, top businessmen and women, figures from the arts, sports and local government. We’re all here to make the case that this deeper relationship will be beneficial not just for our own countries, but for the world.”

Mr Cameron is joined by UK government ministers: William Hague, Secretary of State for Foreign and Commonwealth Affairs; George Osborne, Chancellor of the Exchequer; Vince Cable, Business Minister; Jeremy Hunt, Secretary of State for Culture, Olympics, Media and Sport; Gregory Barker, Minister of State for Energy and Climate Change and David Willetts, Minister of State for Universities and Science.

UK Prime
Minister called on the Governor of Karnataka and visited Infosys, where he made a keynote speech. Mr Cameron visited the Hawk facility at Hindustan Aeronautics before departing for New Delhi. In Delhi, the UK Prime Minister will have a Guard of Honour at the Rashtrapati Bhavan and then lay a wreath at the Raj Ghat. Mr Cameron will meet President Mrs Pratibha Patil; Vice President Mr Hamid Ansari; Mrs Sonia Gandhi, Chairman of the United Progressive Alliance and Mrs Sushma Swaraj, BJP, Leader of the Opposition in Lok Sabha.

An agreement signed today between BAE Systems, Rolls-Royce and India's leading aerospace company, Hindustan Aeronautics Limited (HAL), to supply 57 Hawk trainer aircraft to India.The deal is worth around £700 million, of which over £500 million is for BAE Systems and up to £200 million for Rolls-Royce. This is the second tranche of the purchase by India since 2004 when it had finalized a deal to buy 66 HAWKs.

Hindustan Aeronautics Limited Chairman and Managing Director Ashok Nayak and Karnataka Minister for Home V S Acharya were also present at the HAL complex in Bangalore.along with British Prime Minister David Cameron said:"I am delighted to witness the agreement between HAL and BAE Systems and Rolls-Royce. This is an outstanding example of India-UK defence and industrial partnership, and this agreement will bring significant economic benefits to both our countries. It is evidence of our new, commercial foreign policy in action."

Cameron said that it is not right for Pakistan to have any relationship with groups that are promoting terror, in comments seen as endorsing India's stand.

"We cannot tolerate in any sense the idea that this country(Pakistan) is allowed to look both ways and is able, in any way, to promote the export of terror, whether to India or whether to Afghanistan or anywhere else in the world," he said.

UK, Minister of Universities and Science on Wednesday said "proper policing" was needed to crack down on "bogus colleges" and check inflow of migrants.

"We are committed to controlling the total number of migrants coming to Great Britain and the way we will be doing that is by cracking down on bogus colleges in Britain, which are encouraging people into the country who are not students," Minister for Universities and Science, David Willets said.

Willets, further added his country valued the links between Indian students, academicians and their British counterparts.Britain had in February this year announced new measures aimed at cutting the number of student visas issued abroad and prevent misuse of the immigration system.

Under the new measures, successful applicants from India and other countries outside the European Union will have to meet a higher bar on English language requirement.Students taking courses below degree level will be allowed to work for only 10 hours a week, instead of the previous 20. He also wished more British students come to India for studies.

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Tuesday, July 27, 2010

British PM supports India special relationship

British PM supports India special relationship

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2010-07-26 18:18:14 - Prime Minister
David Cameron joined by Group of Ministers including five government ministers, scores of businessmen and a number of sports stars plus cultural figures are on their trip to India.Ministers arrive Bangalore Tuesday 27 July 2010 where £500 million contract for BAE to supply 57 jets in collaboration with Hindustan Aeronautics is expected the deals unveiled thus strengthening special relationship in terms of diplomatic and business link with India.

British PM David Cameron visiting India with the largest ministerial delegation to the sub-continent in recent history diplomatic delegates includes George Osborne, the Chancellor, William Hague, the Foreign Secretary, and Vince Cable, the Business Secretary and Barclays chief executive, John Varley.

Britain and India basket of bilateral trade worth almost £12 billion are to explore business relations in scientific research and
clean technology environment friendly sciences and business with supplies of complete civil nuclear plants.Education and collaboration on security to counter terrorism shall be on the agenda when the two Prime Minister meet Thursday 29 th July 2010.
India role is important due to its nearly four hundred year history of trade with the UK, has now mammoth English-speaking population and already has close ties as a result of emigration and educational placements. India's role in UN security council after its induction G 20 is seen as EU congenial partner to play its role in International diplomatic relation with Iran, Pakistan, Afghanistan, Myanmar likely to figure on wide spectrum of diplomacy.

Parliamentarian accompanying the Prime Minister is Jo Johnson, the Conservative MP for Orpington, who has said the UK is restricting access for Indian entrepreneurs right at a time when we should be competing strongly to attract them.

On question, Visa stringent caps by Nksagar High Commissioner said the British government making all efforts to keep check on the rightful tourist from India and of total tourist fifteen percent UK tourist visited India last year. Further added that research in science education and business trade are key sectors in which Britain looks for special relations.

British PM supports India special relationship but Mr Johnson said the UK eeds to be competing for the Indian entrepreneurial classes and encouraging them to come and invest here, and the UK Visa cap is sending a contradictory message.

British Government introduced an interim UK Visa cap last week with the full cap to come into effect in April next year.The interim limits will apply to all new applicants under Tier 1 (General), except for extension applications and in-country applications. Applications under Tier 2 (General) will be limited by the number of Employer Sponsorship Licences that are issued.

Indian Government has complained directly to the Prime Minister about the cap on non-EU immigration saying the policy affects professionals needed by the UK economy: Indian doctors, engineers and nurses.

The UK Visa Bureau is an independent consulting company specialising in helping people with their UK Visa applications to the British Embassy.

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Friday, July 9, 2010

Iran trade with India to US$ 30 billion by 2015

Iran trade with India to US$ 30 billion by 2015
2010-07-09 05:33:21 - 9 July 2010 -New Delhi - Sagar Media -Nksagar
Dr. Seyed Shamseddin Hosseini, Minister for Economic Affairs & Finance of the Islamic Republic of Iran , to sign agreements with Indian government at 6:00 PM at Hyderabad House in New Delhi.Dr. Seyed Shamseddin Hosseini, Minister for Economic Affairs & Finance of the Islamic Republic of Iran , will emplane for Dubai at 9:50 PM.

Iran has expressed its willingness to sign a bilateral investment protection treaty with India to enhance the flow of investments in both countries and double the bilateral trade turnover to US$ 30 billion by 2015,Dr.Seyed Shamsodin Hosseini, Minister of Economic Affairs and Finance of Iran,said here today.

Speaking at a seminar on ‘Investment Opportunities in Iran’, organized by FICCI,
Dr. Hosseini said,“I will talk to India’s Finance Minister, Mr. Pranab Mukherjee,
later today to explore the possibility of initialing a Bilateral Investment Protection Treaty between the two countries. My mission to India in this trip is to use the capacity of the Iran-India Joint Commission to remove all barriers to the two-way trade and facilitate the flow of investments.”The two-day 16th session of the India-Iran Joint Commission is being held here from today. The meeting is expected to identify joint cooperation projects such as Chabahar Port, energy cooperation, economic ties and counter-terrorism.

The Iranian Minister said that Iran-India trade had seen over60 per cent increase
in the last three years from US$ 9 billion to US$ 15 billion. “We need to now
double the trade volume by 100 per cent in the next five years to US$ 30 billion,”
he declared.

Dr Hosseini, while assuring India of Iran’s commitment to ensure sustainable
energy supplies to meet India’s growing crude oil requirements, invited Indian
firms to invest in Iran’s infrastructure projects, oil, gas & petrochemicals, mining
& metals, automobiles, transportation & machinery, chemicals & pharmaceuticals, textiles and agriculture, especially the food industry.He held out the commitment to Indian companies to facilitate their entry into the CIS countries, particularly in the Caucasian region comprising Russia, Armenia,Azerbaijan and Georgia.

Besides, underlining the need for strengthening the bilateral investment
cooperation in banking, insurance and new areas such as nanotechnology, Dr.
Hosseini called upon the Indian travel and tourism industry to tie-up with Iranian
firms to increase people-to-people contacts.

Dr. Behrouz Alishiri, Iran’s Deputy Minister of Economic Affairs and Finance, said
that the Iranian delegation had a selection of 60 projects covering a range of
sectors which offer a huge investment potential to Indian firms. He said that the
global financial crisis had shown that there was no choice but to strengthen
regional cooperation to minimize the impact of adverse global developments.
“We are by your side and at your service,” he assured Indian business.

The seminar was also addressed by Mr. Sanjay Singh, India’s Ambassador to Iran;Mr. Seyed Mehdi Nabizadeh, Iranian Ambassador to India; Mr. B M Bansal,
Chairman, India-Iran Joint Business Council (JBC) & Chairman, Indian Oil
Corporation; and Dr. Amit Mitra, Secretary General, FICCI.

Sectoral presentations on investment opportunities in Iran in oil, gas &
petrochemicals, mining & metals, automobiles, transportation & machinery,
chemicals & Pharmaceuticals, textiles and agriculture by Dr. Behrouz Alishiri,
Iran’s Deputy Minister of Economic Affairs and Finance; Mr. Gholamreza
Heydari Kord Zangeneh, Iran’s Vice-Minister of Economic Affairs & Finance &
Head of Iranian Privatization Organization and Mr. R. Roshannia, Head of Olefin
& Aromatic, National Petroleum Company of Iran.

Presentations of doing business with India were made by Mr. Nabin Ballodia,
Director, KPMG; Mr. Ramesh, Managing Director, TSS Projects and Mr. Dushyant
Thakur, General Manager, Invest India.

Media agency FICCI

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