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Tenth Joint Meeting of The India-New
Zealand JBC
December 6, 2001, New Delhi
Address by Hon'ble Minister of State
for Commerce and Industry, Mr Rajiv Pratap Rudy
Honble Minister of Commerce, Communications &
Information Technology of New Zealand, Mr Paul Swain
Her Excellency Ms Caroline McDonald, High Commissioner
of New Zealand in India
Mr Paddy Marra, Chairman, New Zealand-India JBC
Mr Vikram Kapur, Co-Chairman India-New Zealand JBC
Distinguished Delegates
Ladies & Gentlemen,
It gives me great pleasure to join you all today for
the Tenth Meeting of the India-New Zealand Joint Business
Council being organised by FICCI.
I would like to take this opportunity to welcome the
Honble Minister of Commerce, Communications &
Information Technology of New Zealand Mr Paul Swain
to India.
India and New Zealand share a close relationship as
members of Commonwealth, whose diverse membership allows
countries from all parts of the globe to meet and share
views and promote common values.
Our common language, passion for cricket and most fundamental
our attachment to the West Minister System of Parliamentary
bureaucracy, under which we both are governed bring
us closer to each other.
Links between our two countries continue to grow. In
recent years, ever increasing numbers of Indian tourists
are discovering New Zealand as a holiday and honeymoon
destination.
Why, even our film makers are finding New Zealand as
an important destination for their shootings.
I would like to compliment FICCI for organising the
Tenth JBC Meeting as business to business exchanges
pave the way for enhancing cooperation and expanding
our trade relations further.
I have been given to understand that my colleague Mr
Chaobe Singh, from the Ministry of Food Proccessing
had led a Official-cum-Business delegation to New Zealand
this year in May-June. These continuing interactions
would no doubt enhance our bilateral trade as business
tie-ups in different areas take place.
New Zealand is growing as an important destination for
Indian students. However, I feel that it would be desirable
to work out a suitable mechanism by which the degrees
of various deserving educational institutions of both
the countries could be recognized by each other. There
is also a need to permit the students and their spouses
to take up part time jobs in New Zealand.
Further, there is a need to address the reported non-recognition
of the Indian medical degrees, which prevent Indian
doctors from practicing medicine in New Zealand on par
with doctors from some other countries.
Another area where India and New Zealand could mutually
cooperate is in the field of development of non-conventional
energy. New Zealand has considerable expertise in tapping
geo-thermal energy, while India has some expertise in
the field of wind energy and solar power etc.
Our High Commission in New Zealand could provide advice
and assistance to the New Zealand companies which are
considering collaborative ventures with Indian companies.
My Ministry would only be too delighted to take up the
necessary action for speeding up implementation of cooperative
ventures which have been discussed at the Joint Trade
Committee and other occasions for the necessary follow-up.
I feel that our two countries can also take up joint
Research Development projects in various fields including
in the fields of medical electronics, animal husbandry
and fisheries, frozen semen technology and performance
recording, artificial insemination etc.
We need to concentrate our efforts on sun-rise, knowledge
based industries of information technology and software
as New Zealand has requirements for IT professionals
in these areas and India can meet the demand.
If we look at our bilateral trade, there is immense
scope for expanding the same from its present status
of around US $ 141 million. To give impetus to our exports,
reduction of tariffs by New ,mZealand on items of Indias
export interest, namely textiles & garments, will
be appreciated. We know, New Zealand is committed to
reducing tariff rates to zero by the year 2006, however,
an early reduction would give Indian exports a thrust.
Further, may we also request the New Zealand side to
examine the feasibility of introducing an electronic
visa card, similar to that issued by Australia, with
a validity of five years, with multiple entry facility
offering foreign businessmen to stay upto three months
at a time.
I once again compliment FICCI and its counterpart organisation,
New Zealand-India Joint Business Council for coming
together for the Tenth Meeting of the JBC. I wish the
meeting all the success and hope many successful and
fruitful joint ventures taking place.
Thank you!
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