SAFEMA - Appellant have furnished evidence which show satisfactorily that they took all reasonable steps to realise export proceeds : Tribunal (See 'Legal Desk') Companies Act - Winding up petition can be dismissed when contentions raised by parties constitute triable issues as Company Court cannot enter into adjudication of disputed facts of amount due and payable : HC (See 'Legal Desk') Competition Act - In absence of any apparent anti-competitive conduct, decision of purchase or sale of product and quantity thereof is driven by commercial considerations of market players : CCI (See 'Legal Desk') Principal Scientific Adviser chairs meeting to discuss Biomass Cultivation (See 'Corp Brief') India Pavilion at World Hydrogen Summit showcases Green Hydrogen Mission (See 'Corp Brief') Slum Rehabilitation Act - Preferential right to owner is available only when someone other than owner is being preferred and owner has never before been given or availed of right to develop : HC (See 'Legal Desk') CPC - Application can be dismissed as Intervener has already initiated its own remedy by way of independent Execution Petition : HC (See 'Legal Desk') SEBI Act - Appellant has not shown sufficient cause for condonation of delay in filing appeal : SAT (See 'Legal Desk') PMLA - When questions relating to legality of arrest is under consideration, more holistic and libertarian view is to release Chief Minister of Delhi on interim bail for Lok Sabha General Elections : SC (See 'Legal Desk') Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 - Order for forfeiture of properties is rightly made as property is occupied through lllegal earning : Tribunal (See 'Legal Desk') Arbitration Act - As petitioner is not notified as 'financial institution' or 'bank' under RDB Act, there is no bar on parallel proceedings to co-exist under A&C Act as well as SARFAESI Act : HC (See 'Legal Desk') Cr.P.C. - Once order issuing process has been set aside, then applicant has no right to file application u/s 482 of Cr.P.C. for quashment of complaint case : HC (See 'Legal Desk') Summer Power demand expected to be adequately met during both day and night (See 'Corp Brief') Competition Act - WordPress.org is justified in taking appropriate action against any developer found non-compliant with prescribed standards and regulations : CCI (See 'Legal Desk') Ministry of Skill signs MoU with Mahindra Ltd to conduct two Pilot Projects (See 'Corp Brief') SEBI Act - Operation of order can be stayed for appellant as he has resigned and has no role to play in decisions made thereafter for continuation of schemes : SAT (See 'Legal Desk') IREDA Global Green Energy Finance IFSC Limited incorporated in GIFT City (See 'Corp Brief') Trade Marks Act - Petitioner has no locus to challenge order as petitioner is not claiming itself to be manufactory in Madhya Pradesh and registration of its label under M.P. Beer & Wine Rules : HC (See 'Legal Desk') SARFAESI Act - Discretion to grant reduction in pre-deposit rests with DRAT and Petitioner has failed to make out any ground for interference : HC (See 'Legal Desk') Constitution of India - Petitioner is entitled for Capital subsidy : HC (See 'Legal Desk') Coast Guard inks MoU with Jindal Steel for boosting indigenous manufacturing capacity (See 'Corp Brief') Companies Act - Winding up proceedings pending before High Courts, which are at nascent stage and have not progressed to advanced stage, can be transferred to NCLT : HC (See 'Legal Desk') PMLA - Considering involvement of applicant in selling fake Remdesivir injection at higher price, applicant is not entitled for anticipatory bail : HC (See 'Legal Desk') Arbitration Act - Any amicable settlement not incompatible with arbitration agreement is encouraged by Arbitral Tribunal : HC (See 'Legal Desk') M.P. Nagar Tatha Gram Nivesh Adhiniyam, 1973 - Order passed by respondents is devoid of merit as land of petitioner is left open for purpose of any future road expansion : HC (See 'Legal Desk') Arbitration Act - Since appellant has failed to establish loss suffered, Arbitral Tribunal rightly rejected appellant's claim in this regard : HC (See 'Legal Desk') PMLA - Arrest order and consequent remand order are not illegal : HC (See 'Legal Desk') Keel-laying ceremony performed at Goa Shipyard (See 'Corp Brief') Companies Act - Winding up proceedings pending before High Courts, which are at nascent stage and have not progressed to advanced stage, can be transferred to NCLT : HC (See 'Legal Desk') SEBI Act - Extension of time can be allowed to SEBI to complete investigation : SAT (See 'Legal Desk') Arbitration Act - Respondent no.3 is not liable for repayment obligations of financial facilities extended by appellant to respondent no 1 company : HC (See 'Legal Desk') Mineral production grows by 8 percent in February (See 'Corp Brief') SARFAESI Act - Court refrains to adjudicate matter on merits when matter is already pending in DRAT : HC (See 'Legal Desk') Coal production in April up by 7.4% (See 'Corp Brief') SEBI Act - Appellants have made case for stay as rigours of directions of SEBI order would adversely affect business of Appellant as well as their clients : SAT (See 'Legal Desk') Trade Mark Act - Marks 'BETSONE' and 'BETASON' are deceptively similar to registered trademark 'BETNESOL' and visually, phonetically and structurally alike, with minimal alterations : HC (See 'Legal Desk') Voting by tribal communities blossoms as ECI's outreach to them bears fruit (See 'Corp Brief') SARFAESI Act - No fault can be found with respondent financial institution invoking Section 14 of SARFAESI Act by approaching District Magistrate, Rewa : HC (See 'Legal Desk') Ministry of Parliamentary Affairs observes Swachhata Pakhwada (See 'Corp Brief')

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Govt aims at expanding trade with African nations

Published: Jan 01, 2020

By TIOLCORPLAWS News Service

NEW DELHI, JAN 01, 2020: IN order to promote India-Africa trade and economic relations, Ministry of Commerce and Industry regularly reviews India's trade with Africa through institutional mechanisms like Joint Commission Meetings (JCMs), Joint Trade Committees (JTCs), and Joint Working Groups(JWGs).

The 9th Session of the India-Kenya Joint Trade Committee was held in New Delhi on August 19-20, 2019 under the co-chairmanship of Minister of Commerce and Industry, Mr Piyush Goyal and his Kenyan counterpart Mr Peter Munya, Cabinet Secretary (Minister) for Ministry of Industry, Trade and Cooperatives, Government of the Republic of Kenya.  During the meeting, wide ranging discussions were held cutting across sectors like MSME, Agriculture, Information Communication Technology (ICT), Tourism, Administration of Standards, Development of Human Resources in Higher Education, Science & Technology, Investment Promotion and Protection, Air Services, Energy, Plastics, Textile, Pharmaceuticals, Oil & Gas, Health, Immigration, Automobile and other engineering products. Collaboration in the field of issue of recognition of Indian Pharmacopoeia in Kenya was also discussed.

The First India-Nigeria JTC was held on December 19-20, 2019 in New Delhi, under the Co-chair of Commerce Secretary, Government of India and his Nigerian counterpart. During the meeting discussions were held in various sectors including oil and natural gas, market access in bovine meat, rice, recognition of pharmacopoeia, cooperation of SME sector, higher education and power.

The first meeting of the India-South Africa JWG on Trade and Investment was held in January, 2019, to deliberate upon the bottlenecks including non-tariff barriers, and suggest the way forward to further deepen India's trade with the region.

The proposed India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA)seeks to mutually benefit both the countries, in the area of trade in goods, and trade in services.  Seven rounds of India-Mauritius CECPA negotiations have been held till now.  The 7th round was held during November 19-23, 2018 in Mauritius. During these rounds, negotiations were held cutting across trade in Goods, trade in Services, Rules of Origin, Technical Barriers to Trade and Sanitary and Phyto-sanitary(SPS) measure, Trade Remedies and Dispute Settlement. India- Mauritius CECPA negotiations for trade in goods and trade in services, have been completed. The Agreement is near finalization.

On the Occasion of World Cotton Day organized by WTO in Geneva on 7 th October, 2019, Ministry of Commerce & Industry, Government of India announced the launch of Phase-II of C-TAP in 11 African countries. The programme is aimed at enhancing productivity in cotton sector, improving the post-harvest and plant by-products industry in the participating countries, as well as building the capacity of the cotton-based textile sector. Department is currently working on implementation plan in consultation with stakeholders such as foreign counterparts through Indian Missions, Ministry of External Affairs, institutes engaged in cotton research and capacity building activities in India.

In order to leverage the huge presence of Indian business community in Africa for promoting India's exports to the region, three rounds of interactions of Minister of Commerce & Industry were organized through Indian Missions with Indian business community in Madagascar, Tanzania, Mauritius, Kenya, Uganda, South Africa, Zambia, Mozambique, Ghana, Botswana, Nigeria, Morocco, Senegal, Zimbabwe, Cote d'Ivoire, Ethiopia and Egypt over Digital Video Conference (DVC) in May, 2019.

For promoting India-Africa trade and economic relations, a regional conclave was organised by Ministry of Commerce & Industry, Government of India jointly with Confederation of Indian Industry (CII), in March, 2019 at New Delhi. On the sidelines of the Conclave/Regional Conclave, bilateral meetings with participating countries were also held at the Ministerial level to boost up Indian participation in project exports opportunities in African countries. The conclave was attended by Head of the States from three African countries. More than two dozen Ministers along with around 500 business delegates from Africa participated in the Conclave.

On the sidelines of the conclave, bilateral meetings were held between Minister of State (Commerce & Industry) with Trade Ministers of African countries, issues related to trade, investments, and cooperation in agriculture, pharmaceutical sector were discussed. The conclave also focused on new ideas and strategies, for enhancing the engagement between Indian and the Southern African Development Community (SADC- a 16-member organization) in various sectors. Various opportunities in project exports were discussed by Indian and African business delegates in B2B meetings.

Ministry of Commerce & Industry jointly with Confederation of Indian Industry (CII) organized the India-Africa Higher Education and Skill Development Summit on August 26-27, 2019 at New Delhi.

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