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English Release 26-March 2015
Date Month Year
  • President's Secretariat
  • Probationers of Indian Postal Service and Indian P&T Accounts and Finance Service call on the President
  • Emir of Qatar calls on the President
  • Vice President's Secretariat
  • DELEGATION OF CPWD OFFICER'S WIVES ASSOCIATION CALLS ON VICE PRESIDENT
  • It is Disappointing that even Country’s Top Universities Remain Largely Teaching-Focused with Limited Research and Doctoral Education-Vice President
  • Prime Minister's Office
  • PM calls for
  • Bihar CM calls on PM
  • Delegation meets PM to discuss issues related to Jat Community
  • PM greets the people of Bangladesh, on their Independence Day
  • AYUSH
  • Ayushman Bharat on Doordarshan
  • Election Commission
  • Biennial Election to the Council of States from Kerala.
  • Min of Agriculture
  • Union Agriculture Minister emphasises that the Prime Minister attaches importance to revitalization of the Agriculture Sector through modernization of farming practices
  • Min of Coal
  • Coal Minister Launches Projects Monitoring Portal to Enhance Efficiency, Transparency & Improve Communication Between B2G, G2G & G2B
  • Min of Comm. & Information Technology
  • Consumer Outreach Programme by the Telecom Regulatory Authority of India (TRAI) at Delhi
  • Spectrum Auction Concludes with Over 88% Of Spectrum Offered Provisionally Committed
  • Min of Earth Science
  • Total Eclipse of the Moon on Saturday
  • Ministry of Finance
  • NTPC Ltd. Becomes First PSU to Issue Bonus Debentures;
  • Government of India Releases an Amount of Rs. 805.17 Crore to the Government of Punjab Under National Small Savings Fund (NSSF) and Thereby Released Total Amount of Rs. 2045.16 Crore During the FY 2014-15
  • India Signs Loan Agreement with ADB for $300 Million for Improving Regional Road Connectivity along the North Bengal-North Eastern Region (NER); About 500 Km of Roads to be Constructed under the Program
  • Financial Assistance of Rs. 250 Crore to Andhra Pradesh for Setting up SPV for the Polavaram Irrigation Project
  • Amendment to Exchange Rates of Foreign Currency Notification No. 32/2015 - Customs (N.T.) Dated 19th March, 2015
  • Min of Home Affairs
  • Kiren Rijiju attends Hans Raj College Alumni
  • Holding of additional charge of the post of DG, BPR&D
  • Min of Personnel, Public Grievances & Pensions
  • Massachusetts Institute students call on Dr. Jitendra Singh
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 53.31 per bbl on 25.03.2015
  • Ministry of Railways
  • RWWCO Honouurs 35 Railway Women Employees or their Outstaning Performace
  • Min of Science & Technology
  • National Institute of Immunology (NII) Signs MoUs to Promote Science Education in Colleges
  • Min of Shipping
  • Cabinet Decisions for Shipping Sector Revolutionary, says Nitin Gadkari
  • Min of Textiles
  • 29th India Carpet Expo starts tomorrow

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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