#June 2017, #INDIA-EU, #Hot Spot, #December 2017

One of the European Union’s (EU) leading economies sets out what makes it the right gateway to Europe for Indian companies.

Prime Minister Narendra Modi was only in Berlin for 24 hours on May 30, but the wake of his visit has left little doubt as to how important India is to Germany and the EU. German Chancellor Angela Merkel used a joint appearance in front of a business audience to emphasise that agreeing an EU-India free trade agreement (FTA) would be a priority.

#UK/EU, #August 2017

The number of Indian-built models registered by British buyers rose by almost half (48.6 per cent) to 21,135 units in the first half of this year alone.

UK car production fell by -13.7 per cent in June, with 136,901 cars rolling off production lines, according to recent figures released by the UK’s Society of Motor Manufacturers and Traders (SMMT). The third consecutive month of decline, following changes in production schedules for new model introductions, resulted in a -2.9 per cent year to date dip in output, triggering alarm bells over the impact of Britain’s exit from the European Union (EU).

#INDIA-EU, #December 2017

The civil aviation sector was at the heart of the bond between India and the European Union (EU) in recent weeks.

India clears aviation MoU with Poland

The Union Cabinet of India, chaired by the Prime Minister Narendra Modi, has given its approval for signing the memorandum of understanding (MoU) between India and Poland for the Promotion of Civil Aviation Cooperation. The MoU, which will be for a term of five years, will be signed on behalf of the two countries after its approval by the two governments.

The objective of the MoU is to recognise the mutual benefit of Cooperation in the field of civil aviation, having particular significance in establishing and improving Regional Air Connectivity in India. Apart from this, both sides will recognise the mutual benefits of environmental testing or approvals, flight simulators monitoring and approvals, aircraft maintenance facilities approvals, maintenance personnel approvals and aircrew members’ approvals.

This MoU will promote and facilitate mutual cooperation by providing support in the civil aviation market by reviewing any legal and procedural issues which may adversely affect cooperation between India and Poland.

It also looks at promoting exchange of information and expertise between the Ministries and respective civil aviation authorities related to aviation regulations, regional air operations, airworthiness requirements and safety standards to enhance safety and security of air transport, among other things.

#February 2017, #UK/EUROPE

A new report released the UK’s Free Enterprise Group makes the case for Britain to prioritise free trade agreements (FTAs) with key Commonwealth nations like India following Brexit. ‘India Global Business’ explores the rationale behind this strategy.

‘Reconnecting with the Commonwealth: The UK’s free trade opportunities’, released by the British MPs led Free Enterprise Group, suggests a five-step plan for the UK government as it gets ready to leave the European Union (EU).

#India-UK, #Yearend 2016

The year 2016 will undoubtedly go down in history as having changed the political landscape of the world, not least as a result of Britain’s vote in June’s referendum to leave the European Union (EU). As the immediate aftermath of the seismic shockwaves on the financial markets subside, we look back at what made Brexit the most-used word of the year.

#2016, #Yearend 2016, #India-EU

The chief executive of Brussels-based trade group Eurochambres analyses whether the traditional trade agreement format is viable any more when it comes to India’s relationship with the European Union (EU).

India has become the world’s fastest-growing large economy. It is the world’s seventh-largest economy in terms of gross domestic product (GDP), overtaking the G7 members Canada and Italy as well as Brazil. In 2015 India’s economy expanded despite agriculture facing a second consecutive drought year, with the Asian Development Bank (ADB) estimating in July 2016 that the Indian economy was on track to meet its projected growth target of 7.4 per cent in 2016-17, supported by brisk consumer spending and an uptick in the rural economy.

#2016, #Yearend 2016, #World View

India has lots of ground to cover in the African continent with its own version of economic diplomacy and the New Year will mark another chapter in the India-Africa outreach programme.

The Modi government has made much headway in its outreach to Africa but India still has lots of ground to cover before it can match Beijing’s heft in that continent.

#April 2017, #Commonwealth, #Special Edition – May 2017, #COMMONWEALTH

The Commonwealth held a first-of-its-kind trade ministers’ meet recently to inject much-needed vigour into the organisation. The man behind the summit writes exclusively for ‘India Global Business’.

The inaugural Commonwealth Trade Ministers Meeting (CTTM) on 9th March 2017 was an important moment for the Commonwealth. As many as 35 trade ministers from across the world, including Australia, Bangladesh, Canada, Kenya, Malaysia, Malta, New Zealand, Nigeria, Singapore, South Africa and the UK, came together not just for the sake of old ties, but to consider how the network can build an “Agenda for Growth” that will challenge economic stagnation and a growing protectionist clamour in global markets.