CII Communique - December, 2010
CII Communique - December, 2010
CII Communique - December, 2010
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eport<br />
and Industry (FNCCI) and Nepal<br />
– India Chamber of Commerce &<br />
Industry (NICCI). The delegation<br />
also called on Mr Rajendra Mahato,<br />
Minister of Commerce & Supplies;<br />
Mr Shankar Pokhrel, Minister of<br />
Information & Communication<br />
and Mr Mahendra Prasad Yadav,<br />
Minister of Industry.<br />
During the meeting with FNCCI,<br />
it was agreed that <strong>CII</strong> and FNCCI would set up Joint<br />
Committees in the sectors of Hydro power, IT & BPO,<br />
Climate Change and Infrastructure. The existing <strong>CII</strong> –<br />
FNCCI Joint Economic Council will also be revived and<br />
the next meeting of the council will be held in January<br />
2011 in New Delhi. A high level business delegation<br />
from FNCCI will also visit India on the occasion of<br />
<strong>CII</strong> Partnership Summit to be held in January 2011 in<br />
Jaipur. The <strong>CII</strong> delegation urged FNCCI to explore new<br />
centres in India for investments and joint ventures such<br />
as Patna and Chennai. The delegation also took up the<br />
issues of Indian JVs in Nepal with FNCCI.<br />
At the meetings with the Ministers, The <strong>CII</strong> delegation<br />
took up the issues of early signing of the Bilateral<br />
Investment Protection Agreement (BIPA), revised Double<br />
Taxation Avoidable Agreement, wrong information media<br />
United Kingdom<br />
<strong>CII</strong> - NFIA Business Networking Evening<br />
Robert Lock, Head, Trade- Asia Pacific, Welsh Assembly; Mike Morris,<br />
Head - Trade, Department of Economy & Transport; Jonathan Walters,<br />
Regional Manager, Asia- Pacific; Manzer Hussain, Member <strong>CII</strong>-IBF-UK &<br />
Group Director (Communications), Tata Steel, and Meurig Watts, Head,<br />
UK Operations and Sector Sales<br />
<strong>CII</strong> and the NFIA (Netherlands Foreign Investment<br />
Agency) organised a business networking evening<br />
to bring Indian industry in UK in contact with their<br />
counterparts from Netherlands and discuss the<br />
opportunities for business on 16 November. The event<br />
was hosted by Mr Pim Waldeck, Ambassador of the<br />
Kingdom of the Netherlands.<br />
Purushottam Ojha, Secretary, Commerce & Supplies, Nepal, and Rajendra Mahato, Minister of<br />
Commerce & Supplies, Nepal meeting the <strong>CII</strong> Business Delegation in Kathmandu<br />
campaign against Indian ventures in Nepal, etc.<br />
The delegation felt that, in spite of political instability,<br />
there are tremendous opportunities for Indian companies<br />
to develop their business in Nepal.<br />
The <strong>CII</strong> delegation explored the shop of investment<br />
into sector like commercial agriculture, hydropower,<br />
information and technology and health, as well as IT<br />
and other technological areas to develop competent<br />
human resources.<br />
The Nepal-India Chamber of Commerce and Industry<br />
(NICCI) viewed that since tourism can well be<br />
leveraged for the economic development of the country,<br />
more Indian investment into it is desirable especially<br />
in the context of the upcoming Nepal Tourism Year<br />
2011.<br />
The keynote speaker for the evening was Mr Jacques<br />
Cailloux, Chief European Economist, Royal Bank of<br />
Scotland, who spoke on the future of European Markets.<br />
The event was attended by about 50 business leaders<br />
including the members of <strong>CII</strong>-India Business Forum.<br />
Investing in Wales<br />
<strong>CII</strong> met with the Welsh Assembly Government in Cardiff<br />
on 24 November to discuss partnerships in promoting<br />
bilateral trade and investments between Wales and<br />
India.<br />
<strong>CII</strong>-Malta Enterprise Networking Reception<br />
Malta Enterprise, a Government of Malta organisation<br />
to promote business, and a partner of <strong>CII</strong>, hosted<br />
a networking reception for <strong>CII</strong>-IBF UK members in<br />
London on 25 November. The reception was of great<br />
business value as <strong>CII</strong> members from the pharma,<br />
renewable energy, oil and gas and tourism sectors met<br />
with their counterparts from Malta to discuss business<br />
opportunities.<br />
The Malta Enterprise had in 2009 invited and hosted <strong>CII</strong><br />
to Malta for business meetings and this had resulted in<br />
Communiqué <strong>December</strong> <strong>2010</strong> | 67