Manmohan Singh touched by Saudi gestures: The Prime Minister, Dr. Manmohan Singh, is deeply "touched and humbled" by the gestures extended to him during his three-day ....Read Full
Killing of Armenians in WW-I a ‘genocide’: US house panel: A US congressional committee Thursday passed ....Read Full
Kerala shelves proposed Islamic bank: Bowing to stiff opposition from several quarters and a High Court verdict against it, The Kerala ....Read Full
'Greater connectivity among SAARC members needed': Former Secretary, Ministry of External Affairs A N Ram today said political differences have not allowed .....Read Full
After France, niqab controversy now hots up in Canada: After France, the niqab controversy has now hotted up in Canada, with a Egyptian Muslim woman ....Read Full
Buddha's Saket on disputed site at Ayodhya: Dalit writer: A Dalit writer today slammed the BJP and its ally Shiv Sena for their stand on the Ramjanmabhoomi at Ayodhya, while ....Read Full
Abdul Kalam, Ratan Tata are India's most trusted: Survey: Former president A.P.J. Abdul Kalam and industrialist Ratan Tata top the list of 100 most....Read Full
Seminar cum workshop on 'Rights of Muslim Women - Theory and Practice': The Institute of Islamic Studies and the Centre for Study ....Read Full
MF Husain should return to his 'culturally exuberant' India: A quarter century ago sitting amid designer chaos of paintings and sketches in various.....Read Full
4 killed in communal clashes in Madhya Pradesh township: Indefinite curfew has been imposed in a small township of Madhya Pradesh following communal clashes between two communities ....Read Full
Israeli police storm Jerusalem site: At least six Palestinians have reportedly been injured after Israeli police forces stormed a holy site in Jerusalem to disperse Muslim worshippers.....Read Full
Indo-Kazakh business seminar seeks to bridge trade, information divide
Friday, March 05, 2010 03:06:55 PM, ANI
India, Turkey discuss bilateral, regional and global issues: India and Turkey on Tuesday held delegation level talks in the capital in which the two sides discussed bilateral, regional and global issues ....Read Full
Almaty (Kazakhstan): The Embassy of India in collaboration with the Kazakhstan Chamber of Commerce and Industry organized a business seminar titled “Doing Business with India” at Almaty on March 3.
The seminar was organized with the support of the Investment and Technology Promotion Division of the Ministry of External Affairs, Government of India.
The objective of the seminar was to inform Kazakh decision and policy makers, and businessmen, to focus on developing and promoting economic and commercial relations with India.
It was also designed to bridge the “information divide” that exists between the business communities of India and Kazakhstan by sharing and exchanging information on the prospects and potential for enhancing business and economic cooperation between the two countries.
Inaugurating the event, India's Ambassador to Kazakhstan, Ashok Sajjanhar referred to the dynamic and vibrant growth in bilateral economic relations over the last few years, particularly since the visit of President Nazarbayev to India as the Chief Guest at India’s 60th Republic Day celebrations in January, 2009.
He said several important agreements were signed and decisions taken during that visit to promote cooperation in different sectors including hydrocarbons, thermal power generation, healthcare, civil nuclear energy, petrochemicals, IT, pharmaceuticals, infrastructure, agriculture and others.
Ambassador Sajjanhar also noted that significant progress has taken place in several of these areas, particularly pharmaceuticals, domestic and industrial radiators and banking to name a few.
Ambassador Sajjanhar also provided a brief account of the resilience and dynamism of the Indian economy which, notwithstanding the international economic crisis, grew by 6.7 percent in 2008-2009 and is expected to grow at 7.5 percent during the current financial year.
He said that India has continued to receive FDI of around USD 35 billion during the last two years which is testimony to the confidence that India enjoys amongst the international investors and financial community.
India’s savings rate has continued to grow and currently stands at 37 percent of its GDP. He expressed confidence that India will once again be able to achieve 9% growth in the very near future.
Ambassador Sajjanhar noted that Kazakhstan is rich in mineral resources while India enjoys immense advantage in technology and highly skilled manpower. He expressed India’s readiness to collaborate with Kazakhstan in the area of economic diversification and value addition, promote innovation and manufacture and develop its human resources and skilled manpower.
He urged Kazakh policy makers, businessmen and industrialists to upgrade their relations with India and take advantage of the vast opportunities that are available for further strengthening bilateral economic and commercial relations.
In their remarks, the Deputy Governor of Almaty Serik Seidumanov, Ambassador Bakyt Ospanov and Vice President of Kazakhstan Chamber of Commerce and Industry Tatyana Zhdanova extolled the rapid growth of Indian economy over the last several years, notwithstanding the international financial crisis.
They expressed confidence and determination to improve business and commercial relations between India and Kazakhstan. All of them warmly congratulated the Indian Embassy for several programmes and events organised by it to promote economic and commercial cooperation between the two countries.
Presentations were made on the present trends in the Indian economy and advantages of India as an investment destination in different sectors like IT, ITES, biotechnology, infrastructure, automotive components and others.
Indian and Kazakh businessmen spoke at length about the prospects and opportunities available for promoting bilateral cooperation, particularly in sectors ranging from tourism, oil and gas, education, IT and pharmaceuticals to infrastructure, innovation, financial services and energy transmission and distribution etc.
The event was attended by around 100 participants. (ANI)
Comment on this article
Ummid.com is part of Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and condition mentioned.