www.whatisindia.com

What Is India News Service
Friday, November 17, 2006


India Intelligence Report



 

 

 

   Indo-Sino Investment Treaty

  The Indian Cabinet has approved Prime Minister Manmohan Singh to sign an investment promotion and protection agreement with China during its President Hu Jintao’s visits India later this month and is expected to widen Chinese investment prospects.
 

 

Hot Topics

Huge US Senate Support for Nuke Deal
Iran Flexes Missile Muscle Again
Pakistan Changes Hudood Ordinances
Indo-Sino Investment Treaty
Pak Tests Ghauri V Missile
EADS Developing IAF Components

 

Other Stories

EADS Developing IAF Components
Huge US Senate Support for Nuke Deal
Iran Flexes Missile Muscle Again
Pak Tests Ghauri V Missile
Pakistan Changes Hudood Ordinances
   

The Indian Cabinet has approved Prime Minister Manmohan Singh to sign an investment promotion and protection agreement with China during its President Hu Jintao’s visits India later this month and is expected to widen Chinese investment prospects.

Parliamentary Affairs Minister, Priyaranjan Dasmunsi says that “The Bilateral Investment Promotion and Protection Agreement will increase the investment between China and India , and would be in force for 10 years.” Bilateral trade has been growing rapidly and is expected to reach USD 20 billion this year and the fastest in the world. Some even predict that by 2025, India and China may jointly dominate world trade in percentage terms and international companies can survive only if they trade in the Indo-China economic block.

India has similar treaties signed with Britain, Russia, Germany, South Korea, Sri Lanka, Spain, and Thailand.

 

 

 

 

© 2006 Copyright What Is India Publishers (P) Ltd. All Rights Reserved.