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English Release 22-August 2014
Date Month Year
  • President's Secretariat
  • President of India to visit West Bengal on August 23 and 24
  • President calls on council of IITs to draw up a roadmap for governance in line with global practices
  • Vice President's Secretariat
  • Delegation of Gujjar and Bakkarwal Youths from Jammu & Kashmir Calls on Vice President
  • Prime Minister's Office
  • PM condoles the passing away of Shri UR Ananthamurthy
  • Haryana CM calls on PM
  • Shri Saurabh Patel, Minister, Govt of Gujarat, calls on PM
  • Governor of Andhra Pradesh and Telangana calls on PM
  • PM's address at the Conference of Chairmen of Boards of Governors, and Directors of IITs at Rashtrapati Bhawan
  • Min of Agriculture
  • Kharif Sowing Crosses 935.06 Lakh Hectare Mark
  • Ministry of Finance
  • Auction for Sale (Re-Issue) of Government Stocks
  • Min of Health and Family Welfare
  • 589 Passengers Being Tracked for Ebola Virus Disease
  • Min of Home Affairs
  • Home Minister Reviews Uttar Pradesh Flood Situation
  • Min of Information & Broadcasting
  • Government committed to development of North Eastern Region
  • Doordarshan to host ABU-ROBOCON 2014 International Contest at Pune from 22nd-26th August, 2014
  • Min of Micro,Small & Medium Enterprises
  • The Minister of MSME holds interactive Conference with State Industries/ MSME Ministers and Secretaries.
  • Min of Minority Affairs
  • J&K Vichar Manch Delegation Calls on Dr. Najma A. Heptulla
  • 2-Member Bahai Delegation Calls on Dr. Najma A. Heptulla
  • Min of Personnel, Public Grievances & Pensions
  • Regarding Civil Services Examination, 2015
  • ACC Appointment
  • Min of Petroleum & Natural Gas
  • Production Performance Oil & Natural Gas Sector for the month of July, 2014
  • Global crude oil price of Indian Basket decreased to US$ 99.97 per bbl on 21.08.2014
  • Ministry of Railways
  • Railway Minister Gives Away Cash Award to Railway Sportspersons for Winning Medals at CWG-2014, Glasgow
  • Min of Science & Technology
  • Government to Increase Funding for Research –Dr.Jitendra Singh
  • Collaborative Research
  • Min of Social Justice & Empowerment
  • States Asked to Speed up Development of SC/OBC/Senior Citizen and Rehabilitation of Drug Addict Says Minister for SJE
  • Ministry of Tourism
  • Union Tourism Ministry simplifies procedure for Hotel classification and re-classification
  • Tourism Ministry delinks Hotel classification from Liquor Service
  • Ministry of Water Resources
  • Storage Status of 85 Important Reservoirs of the Country as on August 21, 2014
  • Ghagra and Rapti Flowing in High Flood Situation

Previous Date

 
Ministry of Commerce & Industry14-February, 2013 19:19 IST
India, France Expect to Conclude India-EU BTIA by Summer 2013

In a meeting with Ms Nicole Bricq, French Minister for External Trade, the Union Minister for Commerce, Industry & Textiles Shri Anand Sharma today said that a Broad-based Indian-EU Trade and Investment Agreement has seen fifteen rounds of negotiations. The Chief negotiators are meeting in March and hoped that this would be the last round of negotiations. "Loose ends, if any, will be dealt at the Ministerial level in April." Both sides expect to be able to close negotiations by summer of April 2013 and hope for a balanced an ambitious agreement. Shri Sharma emphasised the need of declaration of Data Adequacy Status from EU to enable EU Commitments in cross-border supply to be commercially meaningful to India. “We are also concerned with the proposed Safeguard Clause for Mode 4 commitments for contractual Services Supplies & Independent Professionals as this will greatly reduce potential benefits. We hope the France can take the lead in resolving this issue,” said Shri Sharma.

Both the leaders noted the countries have been unable to reach the target of 12 billion Euros by 2012. “More needs to be done to achieve this target,” Shri Sharma told Ms. Bricq. He explained the opportunities for French side in India’s National Manufacturing Industrial Zones.

Shri Sharma conveyed to the French industry leaders, who met him separately, that there is considerable scope for French investments especially in high-tech sectors, environmental technologies, energy including renewable, infrastructure and food processing.

Shri Sharma said that the Indian government has allowed FDI in single-brand retail up to 100 per cent which was a longstanding request particularly of the French luxury industry. Hence, Shri Sharma said that French luxury brands should start making plans for investments in India. “The French mono brands need to look at India not only as a market for their products but also as an opportunity for production of high quality products through the integration of the millions of Indian craftsman into the global luxury value chain”, conveyed Shri Sharma to the French industry leaders. Apart from this Shri Sharma also said that with the liberalization of FDI in multi-brand retail, India also expects “French retailers to bring in the technologies and expertise to create a beneficial value chain from farm to fork.”

Shri Sharma also expressed India’s willingness to have institutional tie-ups with relevant French institutions and National Institute of Design. “Tie-ups with fashion institutes of France would be a win-win situation for both countries,” added Shri Sharma. The bilateral trade between India and France stood at over US$ 9.4 billion in 2012 registering a robust growth even in the backdrop of a difficult economic climate. France is India’s fifth largest trading partner and investor in Europe, and fourth largest recipient in Europe of Indian investments.

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DS/RK
(Release ID :92239)

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