NEW DELHI, September 12 – BUSINESS STANDARD – India and European Union Free Trade Agreement (FTA) talks are again resuming for two days 13-14 September, going to held in Brussels. This FTA talks are getting much more tougher than expected as no consensus have been achieved till yet by the officials of the two countries on certain issues like EU has demanded more tax concessions in automobile sector. Opposition raised from the Indian automakers complaining that cheaper imports from outside would result in many job losses in India. Therefore in counter attack, EU has made its Intellectual Property Rights even more stringent making Indian drug industry worried. Similar problems have risen with the wines and spirits sector. - BUSINESS STANDARD – The Karnataka government is not agreeing on the proposed changes made in the latest draft of the Land Acquisition Bill that was tabled in the Parliament last week. The state government is not agreeable to the 80 per cent consent norm proposed in the new Bill. It wants to settle for 70 per cent consent of farmers to acquire any land. – FINANCIAL EXPRESS - National Thermal Power Corporation (NTPC) is looking for joint ventures in the overseas markets as it has seen great opportunities in international markets for power plants. After Sri Lanka, NTPC is now exploring for possible joint venture partners in the South African market. The first overseas JV agreement is already signed with Ceylon Electricity Board, Sri Lanka for setting up a 500 mw (2X250 mw) coal-based power station with an investment of $700 million. - FINANCIAL EXPRESS – India and Malaysia are trying to boost up their trade relations. The CECA (comprehensive economic cooperation agreement) between both the countries is coming into effect from July 1, 2011. They have set the target of achieving bilateral trade worth $15 billion in coming years. – LIVEMINT – Doha Round of negotiation is gaining much criticism slowly and slowly. It started in 2001, but, after 10 years also no consensus has been achieved especially between few developed countries (European Union, the US and Japan) and developing countries (Brazil, China, India, Russia and South Africa).
Submitted By:-
Priyesh Narain
Researcher
สำหรับรายละเอียดของข่าวข้างต้น โปรดติดต่ิอนาย Priyesh Narain ที่ This email address is being protected from spambots. You need JavaScript enabled to view it.