India

Dhaka asks New Delhi to remove trade barriers 0

India Bangladesh FlagsSource: bdnews24.com

Bangladesh has urged India to remove para-tariff and non-tariff barriers to improve the trade balance between the two neighbouring countries.

Bangladesh commerce secretary Mahbub Ahmed has raised the issue with his Indian counterpart S R Rao and revenue secretary Sumit Bose during his meeting with them on Friday in New Delhi. More…

Tata moves in on agriculture 0

Tata tractorSource: The Phnom Penh Post

India-based Tata International Ltd announced yesterday that it would import and distribute its Farmtrac Tractors in Cambodia to profit from the country’s growing agricultural sector. More…

Chinese and Indian firms tipped for Kyaukphyu SEZ bidding race 0

7DawooSource: The Irrawaddy

The Burmese government call for international bids to develop a proposed Special Economic Zone around Kyaukphyu on the western coast makes no mention of existing MoUs already signed with Chinese and Japanese companies, and reportedly involving noted crony Burmese businessman Tay Za. More…

India-Pakistan ministers to discuss possible meet of PMs 0

India Pakistan FlagsSource: The New Indian Express

External Affairs Minister Salman Khurshid will meet his Pakistani counterpart Sartaj Aziz on Friday in Kyrgyzstan during which they will try to schedule a meeting between their Prime Ministers in New York later this month. More…

India opens Export-Import Bank office in Rangoon 0

Exim_LogoSource: The Irrawaddy

The government-backed Export-Import Bank of India (Exim Bank) on Monday opened a representative office in Rangoon with the hope of promoting trade between India and Burma.

Exim Bank said in a statement it had already extended credit totaling US$247.43 million to projects in Burma in sectors including the railways, telecommunications, power and vehicle manufacturing and assembly. More…

Nepal, India move closer to historic pact on tourism 0

INDIA_NEPAL_TOURISM_02-copy_20130910090908Source: eKantipur

Nepal and India are poised to sign a historic memorandum of understanding (MoU) on investment and cooperation in the tourism sector.

Stakeholders from both sides gathered here on Monday to discuss a mutually agreed draft MoU, jointly prepared by a technical team from the travel and tourism sectors of both the countries. More…

Bhutan PM invites India Inc to invest 0

174509579-3033f1cef3e95687deb03fcc6446829652f3d0de-s40Source: TwoCircles.net

Bhutan Prime Minister Lyonchhen Tshering Tobgay Tuesday invited Indian industry to invest in Bhutan and explore the Himalayan country’s potential.

Interacting with industry members here, the Bhutanese Prime Minister pointed out that Bhutan has good working environment and quality workforce and Indian industry can build upon this foundation. More…

Bhutan seeks more foreign investments in hydro power sector 0

Bhutan HydropowerSource: Business Standard

Bhutan is looking at attracting more foreign investments and greater private participation in expanding the country’s hydro power sector.

“We encourage private sector participation in the hydro power sector. We encourage Foreign Direct Investment (FDI),” Bhutan’s Prime Minister Tshering Tobgay said here today, addressing industry chambers – CII, Ficci and Assocham. More…

Bhutan PM’s first India visit begins 0

174509579-3033f1cef3e95687deb03fcc6446829652f3d0de-s40Source: Hindustan Times

In his first trip abroad as the new prime minister of Bhutan, Tshering Tobgay will be paying an official visit to India from August 30 to September 4.

India is set to roll out a financial assistance of Rs. 5,400 crore, which includes the traditional support for Bhutan’s five year plan and Rs. 500 crore as a economic stimulus package for the neighbour. More…

Tax-free markets to emerge at Myanmar-India border region 0

Street vendors in Yangon, MyanmarSource: Mizzima

Tax-free markets will emerge along Myanmar and India border area aimed at developing border regions and alleviating poverty, official media reported Thursday.

A preliminary agreement has reached between Chin State government and India to open tax-free markets, said the New Light of Myanmar. More…

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