The Assam Tribune
Guwahati, Wednesday, January 5, 2005
CITY
NECCI-EU meet discusses business opportunities
By A Staff Reporter
GUWAHATI, Jan 4 – Making an effort to open new frontiers of business opportunities, the North East Chamber of Commerce and Industry (NECCI), today organised a round table conference with the theme ‘Doing business with the European Union.’ Trade and commerce with the European Union (EU) could be beneficial to entrepreneurs in the North East, said Chiranjit Chaliha, president NECCI, who he said the round table conference would be able to come up with a much needed plan in this regard.In his speech, DK Sharma, secretary general, NECCI, underlined the problems and prospects of North East India vis-à-vis trade and industry through a powerpoint presentation. His presentation, aimed for the benefit of the EU representatives, highlighted some areas in which the North East could emerge as an industry leader.
In his address, Stefano Gatto, of the European Delegation in India, gave a backgrounder of the EU, and cleared some prevailing notions of the EU. “It is not an international organisation, but a unique construct of shared economic ideas of the 25 member states.”, he said.According to him, the EU acts on behalf of the members, but the members retain their respective political identities. In this manner, the Union was novel and ingenious.
He stressed that the idea of the EU was not the creation of a ‘superstate.’ Its aim was to facilitate trade and investment, and to act together for better performance of all its member states.Putting special emphasis on ‘EU-India trade and investment relations and EU’s perception,’ he informed that according to recent estimates EU-India trade amounted to 27.586 billion euros, of which 13.355 billion euros was on imports from India to EU, while exports from EU to India amounted to 14.231 billion euros. This trade was on the upward curve, he informed.
The conference was attended by Lord Navneet Dholakia and Lady Ann from the United Kingdom, besides businesspersons, bureaucrats, and financers from North East India.Faster than e-mail, more discreet than a phone call and best of all it's free - download MSN Messenger today!
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