Indian team to sensitise Pakistan traders on India’s trade regime

The Times of India, Islamabad, 24 January 2012, A delegation of trade regulators from India will visit Pakistan tomorrow to sensitise Pakistani exporters and importers about the Indian trade regime as the two neighbours seek to normalise economic ties.

EDITORIAL: SA should show its muscle in Addis

BusinessDay, South Africa 24 January 2012, THE AFRICAN Union (AU) summit taking place in Addis Ababa this weekend is building up to what promises to be a climactic moment for Africa, and also for SA. For the administration of President Jacob Zuma , elections to the AU Commission will be a real political test of [...]

More, better jobs in India, says World Bank report

By Kalpana Kochhar, Chief Economist, South-East Asia, World Bank The Times of India, 24 January 2012, India’s economic growth has added over seven million new jobs every year for almost a quarter of a century. Workers have seen their wages – adjusted for prices – rise by nearly 3% a year. Poverty rates among wage [...]

SA still not doing enough to create jobs — ILO

Alistair Anderson, BusinessDay, South Africa, 24 January 2012, The International Labour Organisation has lauded South Africa’s decision to set job creation targets but is concerned that the country remains internationally uncompetitive, particularly against the Asian countries against which it competes with in terms of labour.

Mining SA’s foreign ‘deal sweetener’

Barrie Terblanche, Mail & Guardian, South Africa 20 January 2012, In a significant reversal of the colonial economic process, a new gold mine opening in the middle of the United Kingdom is owned by an Australian company and the technology and expertise to process the ore will be imported from South Africa. It may be [...]

‘India is 6th most innovative country’

Indian Express, New Delhi, 19 January 2012, India has been ranked the sixth most “innovative” country in the world in multinational conglomerate GE’s Annual Global Innovation Barometer, driven by financial support from public authorities and long-term support from investors. The report, based on a survey of 2,800 senior business executives in 22 countries, including 200 [...]

IMF taps Brics to fund $1-trillion crisis gap

Simon Kennedy, BusinessDay, South Africa 19 January 2012, THE International Monetary Fund (IMF) is looking to the Bric nations — Brazil, Russia, China and India — and other countries to raise its lending capacity by as much as $500bn to insulate the global economy against the worsening of Europe’s debt crisis.

O que o Brasil quer dos EUA?

Joao Augusto de Castro Neves, Blog, O Globo, 17 de janeiro de 2012, O Brasil é a chave para a América Latina”, declarou o senador norte-americano Richard Lugar. As palavras do líder republicano na comissão de relações exteriores do Senado daquele país ecoaram uma observação feita há quatro décadas pelo presidente Richard Nixon, para quem [...]

Brasil perde espaço para China na America Latina

Gabriel Bonis, Carta Capital, 13 de janeiro de 2011, O cenário econômico incerto nos Estados Unidos e na Europa, devido à crise mundial, deve impulsionar ainda mais os esforços da China para os mercados da América Latina em 2012. A relação da potência asiática com a região, intensificada nos últimos anos, já reduz a participação [...]

Boosting research in India

The  Hindu, 09 January 2012, Once again, we hear the promise of boosting the money India spends on research and development (R&D) from the current level of less than one per cent of its GDP to two per cent. …But in the face of a rapidly growing economy, such spending has remained at no more [...]

RSS IBSA in the News

  • SHYAM SARAN: Lacklustre Brics play to China’s score in Delhi pact
    BusinessDay Published: 2012/04/02 It is clear that China is emerging as the pre-eminent partner in the Brics grouping THE Delhi Declaration and Action Plan adopted at the fourth Brics summit in New Delhi last week would have quickly laid to rest any residual anxiety in western capitals that a serious rival focus of power and [...]
  • Australia invites more Indian investments, collaborations
    The Hindu, 31 January 2012, With Indian corporate sector having committed heavy investments in Australia in the mining, mineral and other sectors, bilateral trade is likely to touch Rs.2-lakh crore (Australian $40 billion) in the next three years from Rs.1.10-lakh crore (Australian $22 billion). In an effort to attract Indian investments further, the Australian Trade [...]
  • Indian tourists to SA rise by over 100% – minister
    City Press, South Africa, 31 January 2012, The number of Indian tourists travelling to South Africa increased by over 122% between 2005 and 2010, says Tourism Minister Marthinus van Schalkwyk. “South Africa is continuing to attract Indian tourists in great numbers, with 67 039 Indian tourists travelling to South Africa between January and September 2011, [...]

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