विज्ञप्तियां उर्दू विज्ञप्तियां फोटो निमंत्रण लेख प्रत्यायन फीडबैक विज्ञप्तियां मंगाएं Search उन्नत खोज
RSS RSS
Quick Search
home Home
Releases Urdu Releases Photos Invitations Features Accreditation Feedback Subscribe Releases Advance Search
home  Printer friendly Page home  Email this page
English Release 22-December 2014
Date Month Year
  • President's Secretariat
  • President of India’s message on the eve of National Day of Japan
  • Min of Agriculture
  • Year end Review for the Ministry of Agriculture for the Year 2014-15
  • Min of Chemicals and Fertilizers
  • Gujarat Chief Minister Mrs Anandiben Patel Discusses Various Projects Relating to the State in the Ministry with Chemicals & Fertilizer Minister Shri Ananth Kumar
  • Min of Coal
  • Dependent on Coal Mines of end use Projects
  • Auction of Coal Blocks for Power Sector
  • Guidelines for E-Auction of Coal
  • Auction of Coal Blocks
  • Min of Culture
  • Funds to Zonal Cultural Centres
  • Min of Health and Family Welfare
  • Statement by Shri Jagat Prakash Nadda, Minister of Health & Family Welfare on 22nd December, 2014 in Lok Sabha in response to the call attention motion regarding the situation arising out of spread of “Encephalitis’’ in Uttar Pradesh and other parts of the country and steps taken by the Government in this regard
  • Min of Human Resource Development
  • E-Education Through Broadband Facility
  • ‘Teaching of Science’- A Component of National Curriculum Framework - 2005
  • Higher Education for Person with Special Needs (HEPSN)
  • Min of Labour & Employment
  • Unemployed due to Closure of Industries
  • Registered Unorganised Sector Workers
  • Min of Micro,Small & Medium Enterprises
  • Prime Minister’s Task Force on MSME
  • Performance of MSME Sector
  • Marketing Assistance Scheme under MSME
  • KVIC Schemes
  • Industrial Clusters under SFURTI
  • Workshed Scheme for Khadi Artisans
  • Min of Mines
  • Mining Lease in Tribal Areas
  • Allocation of Bauxite Mines
  • Min of Petroleum & Natural Gas
  • Demand and Supply of Natural Gas
  • CSR by OMCs
  • Deregulation of Diesel and Natural Gas Pricing
  • Global crude oil price of Indian Basket was US$ 56.91 per bbl on 19.12.2014
  • Min of Power
  • Commissioning of Power Projects
  • Separate Feeders for Farm and Nonfarm Users in Rural Areas
  • Advisory Group for Integrated Development of Power, Coal, and Renewable Energy Submits its Report
  • Min of Science & Technology
  • Understanding Innovation: Indian National Innovation Report by DST
  • Min of Shipping
  • MoU for Commercially Viable Stretches of National Waterway-5
  • No Case of Dumping Hazardous Waste by Ship-breaking
  • Government Takes Initiatives To Increase Coastal Movement of Cargo
  • Min of Steel
  • Health and Safety Records in Steel Sector
  • Mining by Steel PSUS in Foreign Countries
  • Joint Venture in Steel Industry
  • Ministry of Tourism
  • Study to assess impact of International Media Campaign of Ministry of Tourism
  • Central Financial assistance for damage to tourist facilities in Odisha and Andhra Pradesh by Cyclone Hudhud
  • Min of Tribal Affairs
  • Literacy Among Tribals
  • Development Schemes for Tribals
  • Rights of Tribals

Previous Date

 
Ministry of Commerce & Industry19-April, 2006 13:5 IST
Kamal Nath urges closer links with Asia as India seeks second coming for its Manufacturing Sector

CII NATIONAL CONFERENCE AND AGM

            Shri Kamal Nath, Union Minister of Commerce and Industry, today said that India must necessarily develop closer linkages with Asian countries such as Thailand, Malaysia, Indonesia, Japan, China, Singapore and Korea, as it seeks a second coming for its manufacturing sector. 

            Addressing the National Conference and Annual General Meeting of the Confederation of Indian Industry (CII) here today, he cited the following to flag the point that “India is on the right track”:  (a) Since 1991, India’s trade with the 10 largest Asian trade partners had grown at paces ranging from four-fold growth to sixteen-fold. Already, the Asian region accounts for 45 percent of India’s external trade; (b) The growth in India’s trade was the fastest with China and ASEAN as compared to any other region.  India’s bilateral trade with ASEAN grew from 4 billion dollars a decade ago to 20 billion dollars last year, and with China, from 1 billion dollars to 15 billion dollars during the same period; and (c) A recent IMF study showed that India today trades more with East and South East Asia than it does with the rest of the world.

            Mooting the idea of an Asian Economic Community, Shri Kamal Nath said:  “Integration is a process that is being driven today by the technological revolution that shrinks distances, and by globalization.  It is only inevitable that we seek to take the existing relationships to a higher level, where we envision an Asian Economic Community, which encompasses ASEAN, China, Japan, Korea and India. One cannot but be captivated by the vision of an integrated market, spanning the distance from the Himalayas to the Pacific Ocean, linked by efficient road, rail, air and shipping services. Such a community would be roughly the size of the European Union in terms of income, and bigger than NAFTA in terms of trade. It would account for half the world’s population, and it would hold foreign exchange reserves exceeding those of the EU and NAFTA put together. This is an idea whose time is fast approaching, and we must be prepared for it collectively”.

                The Minister said that India’s Look East Policy had opened up new windows of opportunities, adding said that India was negotiating a Free Trade Agreement (FTA) with the ASEAN, after having been a sectoral dialogue partner of ASEAN since 1992 and a full dialogue partner since 1995. “We already have a Comprehensive Economic Cooperation Agreement (CECA) with Singapore in place, and an FTA with Thailand nearing completion.  We have begun exploratory talks with China and Korea, and are active in BIMSTEC.  SAFTA is now a reality.  We feel that these free trade agreements, will give us business and economic leverage on the world trading platform as well at the WTO”, he said.

*************

SB/NSD/MRS


(Release ID :17194)

Web Ratana This site is winner of Platinum Icon for 'Outstanding Web Content' Web Ratna Award'09 presented in April 2010
Site is designed and hosted by National Informatics Centre (NIC),Information is provided and updated by Press Information Bureau
"A" - Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi - 110 001 Phone 23389338
Go Top Top

उपयोग संबंधी शर्तें स्वोत्वाधिकार नीति गोपनीयता संबंधी नीति हाइपरलिंकिंग नीति Terms of Use Copyright Policy Privacy Policy Hyperlinking Policy