CII Communique - December, 2010

eport
and Industry (FNCCI) and Nepal
– India Chamber of Commerce &
Industry (NICCI). The delegation
also called on Mr Rajendra Mahato,
Minister of Commerce & Supplies;
Mr Shankar Pokhrel, Minister of
Information & Communication
and Mr Mahendra Prasad Yadav,
Minister of Industry.
During the meeting with FNCCI,
it was agreed that CII and FNCCI would set up Joint
Committees in the sectors of Hydro power, IT & BPO,
Climate Change and Infrastructure. The existing CII –
FNCCI Joint Economic Council will also be revived and
the next meeting of the council will be held in January
2011 in New Delhi. A high level business delegation
from FNCCI will also visit India on the occasion of
CII Partnership Summit to be held in January 2011 in
Jaipur. The CII delegation urged FNCCI to explore new
centres in India for investments and joint ventures such
as Patna and Chennai. The delegation also took up the
issues of Indian JVs in Nepal with FNCCI.
At the meetings with the Ministers, The CII delegation
took up the issues of early signing of the Bilateral
Investment Protection Agreement (BIPA), revised Double
Taxation Avoidable Agreement, wrong information media
United Kingdom
CII - NFIA Business Networking Evening
Robert Lock, Head, Trade- Asia Pacific, Welsh Assembly; Mike Morris,
Head - Trade, Department of Economy & Transport; Jonathan Walters,
Regional Manager, Asia- Pacific; Manzer Hussain, Member CII-IBF-UK &
Group Director (Communications), Tata Steel, and Meurig Watts, Head,
UK Operations and Sector Sales
CII and the NFIA (Netherlands Foreign Investment
Agency) organised a business networking evening
to bring Indian industry in UK in contact with their
counterparts from Netherlands and discuss the
opportunities for business on 16 November. The event
was hosted by Mr Pim Waldeck, Ambassador of the
Kingdom of the Netherlands.
Purushottam Ojha, Secretary, Commerce & Supplies, Nepal, and Rajendra Mahato, Minister of
Commerce & Supplies, Nepal meeting the CII Business Delegation in Kathmandu
campaign against Indian ventures in Nepal, etc.
The delegation felt that, in spite of political instability,
there are tremendous opportunities for Indian companies
to develop their business in Nepal.
The CII delegation explored the shop of investment
into sector like commercial agriculture, hydropower,
information and technology and health, as well as IT
and other technological areas to develop competent
human resources.
The Nepal-India Chamber of Commerce and Industry
(NICCI) viewed that since tourism can well be
leveraged for the economic development of the country,
more Indian investment into it is desirable especially
in the context of the upcoming Nepal Tourism Year
2011.
The keynote speaker for the evening was Mr Jacques
Cailloux, Chief European Economist, Royal Bank of
Scotland, who spoke on the future of European Markets.
The event was attended by about 50 business leaders
including the members of CII-India Business Forum.
Investing in Wales
CII met with the Welsh Assembly Government in Cardiff
on 24 November to discuss partnerships in promoting
bilateral trade and investments between Wales and
India.
CII-Malta Enterprise Networking Reception
Malta Enterprise, a Government of Malta organisation
to promote business, and a partner of CII, hosted
a networking reception for CII-IBF UK members in
London on 25 November. The reception was of great
business value as CII members from the pharma,
renewable energy, oil and gas and tourism sectors met
with their counterparts from Malta to discuss business
opportunities.
The Malta Enterprise had in 2009 invited and hosted CII
to Malta for business meetings and this had resulted in
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