INDIA AND COMESA
INTRODUCTION
?
STRUCTURE AND MEMBER COUNTRIES KENYA MAURITIUS ANGOLA COMOROS SWAZILAND ERITREA CONGO D.REP. SEYCHELLES DJIBOUTI MADAGASCAR ZIMBABWE
EGYPT ZAMBIA LIBYA SUDAN UGANDA RWANDA BURUNDI MALAWI ETHIOPIA
HISTORY
? ? ? ? Conferences in Independent AFRICA Economic Problems – Co-operations Divisions made as per UNEC Segments – Eastern and Southern, Central, West & North Africa ? Interim arrangements – PAFMESCA 1966 ? Treaty signed in LUSAKA in 1981 ? COMESA signed in 1993 Nov, in KAMPALA
? Principles
INDIA AND COMESA - POLICY,TRADE AND RELATIONS
? COMESA - single largest grouping in Africa
? MOU – signed on 3rd Feb. 2003
? Prioritized sectors
? Overall trade 3 billion $ ? India’s export 2.37 billion$ ? Comesa’s export 1 billion $ ? Policy of credit ? India’s investment 3.5 billion$
INDIA
AND EGYPT
INTRODUCTION TO EGYPT
? Egypt unified in 3200 B.C.
? British protectorate 1914
? Became independent in 1922
? Troop left in 1947 ? Monarchy abolished in 1953 ? Became Republic
IMPORTS AND EXPORTS
? INDIA’S EXPORTS: ?Engineering goods, Sesame seeds, Cotton, Textile fibers, Plastic Rubber, Chemicals, Tobacco, Paper, Cereals. ? INDIA’S IMPORTS : ?Petroleum and Petroleum products, Raw cotton, Rock phosphate, Coal, Marble, etc
DIASPORA CONNECTIONS
?Communities in Egypt ?1400 people of Indian origin
?Promoting Economic and Cultural Relations
INDIA’S INVESTMENTS IN EGYPT
EGYPT’S INVESTMENTS IN INDIA
? Tourism sector
? Egypt is willing to offer liquified natural gas (LNG) to India ? Exploration of downstream investment opportunities in India in its refineries and LNG
BILATERAL AGGREMENTS
? ? ? ? ? ? ? Technical and scientific cooperation In 1969 Illicit traffic in drugs in 1955 Educational and cultural in 1958 Avoidance of double taxation in 1969 Terrorism and trans-national organized crime 1995 Custom offence 1997 Indo-Egypt foreign office 1999
INDIA AND MAURITIUS
Introduction to Mauritius
? Ranked as most compact nation. ? Got independence in 1968 . ? 68% of population are Indo-Mauritians. ? Religions: Hinduism, Roman Catholic, Islam.
? Languages: Creole (common), French, English (official), Hindi, Urdu, Bhojpuri.
? Present prime minister - Mr.Navin Ramgoolam.
Basic Country Data
? ? ? ? ? ? Area Annual Growth rate Gross domestic product Population Per capita income Major contribution to GDP
? Agriculture ? Manufacturing ? services
1,865 sq. km. 6% 15.73 billion $ 1.2 million 12,800 $
5.9% 29.8% 64.3%
? Is one of the most successful economies of Africa. ? Its relation with India is characterised by common culture, religions and interests.
Trade with Mauritius
? Indian exports have been increasing in recent years. ? Fourth largest supplier of goods to Mauritius.
? India’s export amounted to 192.3 million $
? rice, paper, machinery & equipment, cotton yarn, silk, etc. are some of the main exports to Mauritius.
? India’s import amounted to 7.3 million $
? Readymade garments, pulp & waste paper, metal scrap , etc. are some of the main imports from Mauritius.
People of Indian origin and Diaspora connections with Mauritius
? At present, 68 % of population are Indo-Mauritians.
? From 1830 to 1870 , 4.5 lakh Indians were transported to Mauritius, as labourers. ? Active culture exchange programme between the two nations. ? Various socio-cultural organizations of Indo-Mauritians are engaged in this programme.
India’s investments
? There is an expanding relationship in the field of bilateral investments. ? Investment through Mauritius accounted for 35% of the total FDI inflows into India.
? Investment from India into Mauritius have also grown amounting to 48% of its total FDI.
? Prominent Indian companies operating in Mauritius are ?Private sector companies like Infosys, NIIT, Arvind Mills, Apollo Tyres, etc. ?Public sector enterprises based in Mauritius are Bank of Baroda, Indian Oil Corporation, etc.
Bilateral Agreements
? High momentum of bilateral exchanges in line with the excellent bilateral relations. ? India has signed Agreements with Mauritius in ?Civil Aviation, ?Economic, Educational & Cultural cooperation, ?Agriculture & Bio-technology sectors, ?Information Technology, ?Ocean Science & ?Human Resource development.
Line of credit
? New bilateral trade and investment offers a line of credit to Mauritius from India . ? Total credits extended so far have been Rs. 65 crores & the recent 100 million$ credit line for the development of the Cyber city. ? Major projects implemented through Indian assistance are Mahatma Gandhi Institute, Jawaharlal Nehru Hospital, the Court House building and Upadhyaya Training Centre in Mauritius .
Concluding remarks
? There is transition of relations from Political to Economic between India and comesa.
? There is ongoing trade expansion and diversification enhancing the growth of both regions. ? India’s relations with Mauritius is definitely strong backed by common culture, religions & interests.
References
? ? ? ? ? www.wikipedia.org www.indiatimes.com www.comesa.int www.meaindia.nic www.ficci.com
doc_634019689.ppt
INTRODUCTION
?
STRUCTURE AND MEMBER COUNTRIES KENYA MAURITIUS ANGOLA COMOROS SWAZILAND ERITREA CONGO D.REP. SEYCHELLES DJIBOUTI MADAGASCAR ZIMBABWE
EGYPT ZAMBIA LIBYA SUDAN UGANDA RWANDA BURUNDI MALAWI ETHIOPIA
HISTORY
? ? ? ? Conferences in Independent AFRICA Economic Problems – Co-operations Divisions made as per UNEC Segments – Eastern and Southern, Central, West & North Africa ? Interim arrangements – PAFMESCA 1966 ? Treaty signed in LUSAKA in 1981 ? COMESA signed in 1993 Nov, in KAMPALA
? Principles
INDIA AND COMESA - POLICY,TRADE AND RELATIONS
? COMESA - single largest grouping in Africa
? MOU – signed on 3rd Feb. 2003
? Prioritized sectors
? Overall trade 3 billion $ ? India’s export 2.37 billion$ ? Comesa’s export 1 billion $ ? Policy of credit ? India’s investment 3.5 billion$
INDIA
AND EGYPT
INTRODUCTION TO EGYPT
? Egypt unified in 3200 B.C.
? British protectorate 1914
? Became independent in 1922
? Troop left in 1947 ? Monarchy abolished in 1953 ? Became Republic
IMPORTS AND EXPORTS
? INDIA’S EXPORTS: ?Engineering goods, Sesame seeds, Cotton, Textile fibers, Plastic Rubber, Chemicals, Tobacco, Paper, Cereals. ? INDIA’S IMPORTS : ?Petroleum and Petroleum products, Raw cotton, Rock phosphate, Coal, Marble, etc
DIASPORA CONNECTIONS
?Communities in Egypt ?1400 people of Indian origin
?Promoting Economic and Cultural Relations
INDIA’S INVESTMENTS IN EGYPT
EGYPT’S INVESTMENTS IN INDIA
? Tourism sector
? Egypt is willing to offer liquified natural gas (LNG) to India ? Exploration of downstream investment opportunities in India in its refineries and LNG
BILATERAL AGGREMENTS
? ? ? ? ? ? ? Technical and scientific cooperation In 1969 Illicit traffic in drugs in 1955 Educational and cultural in 1958 Avoidance of double taxation in 1969 Terrorism and trans-national organized crime 1995 Custom offence 1997 Indo-Egypt foreign office 1999
INDIA AND MAURITIUS
Introduction to Mauritius
? Ranked as most compact nation. ? Got independence in 1968 . ? 68% of population are Indo-Mauritians. ? Religions: Hinduism, Roman Catholic, Islam.
? Languages: Creole (common), French, English (official), Hindi, Urdu, Bhojpuri.
? Present prime minister - Mr.Navin Ramgoolam.
Basic Country Data
? ? ? ? ? ? Area Annual Growth rate Gross domestic product Population Per capita income Major contribution to GDP
? Agriculture ? Manufacturing ? services
1,865 sq. km. 6% 15.73 billion $ 1.2 million 12,800 $
5.9% 29.8% 64.3%
? Is one of the most successful economies of Africa. ? Its relation with India is characterised by common culture, religions and interests.
Trade with Mauritius
? Indian exports have been increasing in recent years. ? Fourth largest supplier of goods to Mauritius.
? India’s export amounted to 192.3 million $
? rice, paper, machinery & equipment, cotton yarn, silk, etc. are some of the main exports to Mauritius.
? India’s import amounted to 7.3 million $
? Readymade garments, pulp & waste paper, metal scrap , etc. are some of the main imports from Mauritius.
People of Indian origin and Diaspora connections with Mauritius
? At present, 68 % of population are Indo-Mauritians.
? From 1830 to 1870 , 4.5 lakh Indians were transported to Mauritius, as labourers. ? Active culture exchange programme between the two nations. ? Various socio-cultural organizations of Indo-Mauritians are engaged in this programme.
India’s investments
? There is an expanding relationship in the field of bilateral investments. ? Investment through Mauritius accounted for 35% of the total FDI inflows into India.
? Investment from India into Mauritius have also grown amounting to 48% of its total FDI.
? Prominent Indian companies operating in Mauritius are ?Private sector companies like Infosys, NIIT, Arvind Mills, Apollo Tyres, etc. ?Public sector enterprises based in Mauritius are Bank of Baroda, Indian Oil Corporation, etc.
Bilateral Agreements
? High momentum of bilateral exchanges in line with the excellent bilateral relations. ? India has signed Agreements with Mauritius in ?Civil Aviation, ?Economic, Educational & Cultural cooperation, ?Agriculture & Bio-technology sectors, ?Information Technology, ?Ocean Science & ?Human Resource development.
Line of credit
? New bilateral trade and investment offers a line of credit to Mauritius from India . ? Total credits extended so far have been Rs. 65 crores & the recent 100 million$ credit line for the development of the Cyber city. ? Major projects implemented through Indian assistance are Mahatma Gandhi Institute, Jawaharlal Nehru Hospital, the Court House building and Upadhyaya Training Centre in Mauritius .
Concluding remarks
? There is transition of relations from Political to Economic between India and comesa.
? There is ongoing trade expansion and diversification enhancing the growth of both regions. ? India’s relations with Mauritius is definitely strong backed by common culture, religions & interests.
References
? ? ? ? ? www.wikipedia.org www.indiatimes.com www.comesa.int www.meaindia.nic www.ficci.com
doc_634019689.ppt