appreciation of the rouble. In Ukraine,
In this issue
revenues, reflecting the lagged impact of
Success Story: MatrixLaboratories Limited
2002. Second, agriculture growth, whichwas very high in 2001 owing to recovery
In other countries such as Armenia,Azerbaijan, Georgia, Kazakhstan, and
Moldova, growth is expected to remain
activity. In contrast, growth in Belarus
and Uzbekistan, is expected to lag behind
reflecting the low level of trade linkages
restructuring and unfavourableinvestment climate. In Tajikistan,
In Russia, fall in earnings from the
investment spilling over to other sectors
of oil prices would help reduce theseeffects. Further, domestic demand is
For countries in Eastern Europe and the
of CIS and Baltic region, in general, growth has
relatively weak, while the Czech Republic
front, the surplus on the current account
to 5.0% and 4.9%, respectively, in 2003.
administrative barriers to business.
also. Countries in the region also face a
boosted FDI inflows. Increasing access to
In Estonia, Latvia and Lithuania,
institutions, liberalisation of factor and
Table: CIS & Eastern Europe - Real GDP Growth, Consumer Prices & Current Account Balance Real GDP Growth Consumer Prices Current Account Balance (% change) (% change) (as % of GDP) Countries Eastern Europe Source: World Economic Outlook, September 2002, IMF.Private Enterprise Partnership of the IFC Country/ Project/ Loan from Funding Business Opportunities Executing Agency Brief Scope Update: Upcoming Telecommunications and Postal Sector Reform Projects Project/
E-mail: [email protected]: Hinauri Petana,Financial Secretary
Nigeria/ Lagos Urban Transport Project/
Contact: Dr. AnthonyMobereola, SpecialAssistant to the Governor
FYR Macedonia/ Municipal and Environmental Action Programme/ Albania/ Road Rehabilitation Project II/
Port of Durres and the FYRMacedonian border, part of
Development (EBRD) are givenalongside. Mongolia/ Second Health Sector Development Project/
to be of help, if you keep us advised.
(iii) improving access toand utilization of health
Country/ Project/ Loan from Funding Executing Agency Brief Scope CONTRACT AWARDS Lao People’s Democratic Small Towns Republic/ Development Sector Project/ Afghanistan, funded by Aga Khan Fund for Economic Development.
secured in Afghanistan,
funded by World Bank.
decentralized anddedicated institutional and
Project, secured in Nepal,
funded by World Bank. Ethiopia/ Harar Water Supply and Sanitation Project/
secured in Tajikistan,
funded by World Bank.
in Turkey, funded by World Bank.
Services; and(vi) Technical assistance in
Control Project, secured in Uganda, funded by Community Forestry World Bank. Plantation Management Project/
secured in Iraq, under United Nations Oil-for- Food Programme. Algeria.
strengthening; (d) projectmanagement.
secured in Nigeria. Saudi Arabia. Task Force on
constraints faced by Indian companies are
❑ Establishment of Coordinating
• availability of more competitive credit
enhancing project exports. This will bean autonomous body to create an
identification of projects, intelligencecollection, effective information
a key role in setting up such an Agency.
The Task Force has since submitted itswide ranging recommendations to the
❑ Target Multilateral Agency Funded Projects • Projects funded by agencies such as
❑ Constitution of High Level Standing
variety of sectors and in diversified markets
Committee on Project Exports to
a relatively small number of Indian project
exporters are securing contracts, and that
constituted by the Prime Minister’s Office
to address issues related to project exports,
and facilitate the creation of an enabling
quantum increase in project exports.
and Development, CentralAmerican Bank for Economic
Members of the Task Force
Shri G.S. Dutt, Joint Secretary, Ministry of Finance – Chairman
Development Bank, West AfricanDevelopment Bank, PTA Bank.
Department of Commerce, Ministry of Commerce & Industry
Department of Expenditure, Ministry of Finance
Capacity Building of Indian Missions
Department of Revenue, Ministry of Finance
be set up in Indian Missions to supportproject exports through pro-active
The Associated Chambers of Commerce & Industry of India
Federation of Indian Chambers of Commerce & Industry
identifying and exploitingopportunities, through information
Export Credit Guarantee Corporation of India
Export-Import Bank of India - Secretariat Select Contracts Secured By Indian Companies during 2001-2002 CONTRACTS
considered necessary by GOI as amatter of priority in the interests
Supply and erection of gas turbine generators
Electro-mechanical work for an air force base project
Heating, ventilation and air-conditioning work for
by RBI can also be deployed for thepurpose.
Road rehabilitation and rail overbridge project
Steel water storage tanks and transportation project
SUPPLY CONTRACTS CONSULTANCY CONTRACTS
(LOCs) extended by GOI tooverseas governments. This will
Operation and maintenance of cement plant
Modernisation of petroleum refining plant
Managing contract for a petrochemical company
Study of privatisation of a regional development bank
Terms of Reference ❖ Analysis of performance of
❑ Strengthening of ECGC
❑ Strengthening of Exim Bank Success Story:
year, MLL has achieved a quantumjump in its level of operations
manufacture of anti-depressant drugs. Exim Bank’s Recent Developments Study on “Transaction in India’s External Costs of Indian Exports:
As regards imports, reflecting recovery in
manufacturing activity, non-oil importsrose by 13.62 per cent during April-
“Transaction Costs of Indian Exports:A Review” assesses the impact of
per cent to US$ 14.35 billion, mainly due
P ositive developments in India’s to rise in international crude prices. As a complexities associated with
result, overall imports registered a rise of
administrative processes, availability of
finance and transportation problems.
These developments encompass, inter
costs of India’s exports, Exim Bank had
alia, surge in foreign trade, emergence
period of the previous year. Sharp rise in
“Transaction Costs of Indian Exports:An Analysis”, which led to the setting
precious stones, capital goods, electronic
goods, and edible oils have contributed tothe pick up in non-oil imports during the
albeit lower than initially expected,anticipated rise in international
exports have registered robust rise during
a rise of 17.38 per cent, to US$ 42.17 bn,
significant accretion since 2001-02. As a
certain sectors particularly in textiles/
Figures for 2002-03: Current Account Balance — April–September 2002; Forex Reserves - ason March 14, 2003.
distorted agricultural prices, multilateral
food, fruits and vegetables, fifth largest
liberalisation in agriculture could result
in a rise in welfare to the tune of 0.44%
largest producer of fish in the world. in Agriculture
discussions for facilitating international
year with a view to target a specific setof commodities. Members also roll over
provided to the agriculture sector varies
identified to be price based, i.e. in the
be the primary source of employment.
form of tariffs and export subsidies. The
practice of rolling over of subsidies.
India has also called for the inclusion of
all forms of export subsidisation schemes
particularly on production subsidies.
in agriculture in characterised by a high
and international transport subsidies.
agricultural support and would contribute
towards ensuring a level playing field in
a high incidence of export subsidies.
assessing the size of the static gains from
Exim Bank Extends Largest Exim Bank Extends Exim Bank Extends Credit Line of US$ 5 Million Credit US$ 2 Million Credit US$ 200 Million to Iran Line to Sri Lanka Line to Philippines
of the Philippines (TIDCORP),Philippines, signed an Agreement in
US$ 5 million from Exim Bank toHNB, to support India’s exports to
of 10 % of contract value and credit will
Under the LOC, importers based inPhilippines, will make advance payment
of 10 % of contract value and credit will
reimburse Indian exporters on shipment ofgoods. Credit period will be upto 5 years.
was established in January 1977 andis a wholly owned government
general banking, developmentfinancing, mortgage financing, lease
emerging as a full-fledged Exim Bank.
India’s exports to Philippines amounted
preparations and ores, slag and ash.
products, apparel and precious metals. For further information on all the LOCs, please contact
& jewellery, electronics, IT, rubber,
clear-cut policy guidelines and strategies.
International Travel and Tourism Marts.
and these have been considered aslearning experiences. Ecotourism is now
conceptualisation in different countries.
(Pondicherry); Lohtak Lake(Manipur); Kalpeni – a blend of
as one of earth’s biologically, wealthiest
F undamentally, Ecotourism means ecological diversity to eco-tourists. New Chilika Lake (Orissa). Exim Bank’s
India and various State Governments.
‘Hector Ceballos-Lascurian’ a Mexican
has, however, developed into a scientific
Ecotourism principles and guidelines.
for Ecotourism, role of stakeholders such
“International Year of Ecotourism” and
ecologically sustainable, benefiting local
supports State Governments in thepurchase of trekking equipments,
late eighties. By mid nineties, countries
EXIMIUS CENTRE COLUMN BOOK REVIEW Globalisation and Opportunities in Central/East Europe andits Discontents: in the CIS Countries – Partnership IndiaJoseph Stiglitz and EBRD’ jointly conducted by Exim
on ‘Ease Export-A seminar on ExportFinancing and Risk Mitigation’ in
on ‘Software Quality-CMM Standards’
and former Chairman of PresidentClinton’s Council of Economic
‘Price Risk Management & Securitisation forAgri Enterprises’ organised at the Centre.
(CBI) on ‘Export Marketing and Sourcing
Bangalore addressed the participants. Chemicals.’ The workshop was addressed
on ‘Certification & Marking Requirementsfor Export of Electronics, Electrical andEngineering products to Developed CountryMarkets’ organised at the Centre. Mr. V.
Industries Service Institute, Ministry of
A workshop on ‘WTO Implications onIndian Industry’ was held at the Centre.
on ‘The Status of Information &
The workshop was addressed by Mr. R. Communication Technology (ICT) Sectorin Canada and its opportunities for IndianCompanies’ organised at the Centre. The
3)Food Safety & the New International
Commission, New Delhi & Mr. D.P. Sri Lanka
substantial flow of aid from the European
focuses on providing technical assistance
the priorities are in the field of road and
divestiture of its giant trading company,
Poland launched its first Eurobond on the
British market, with a US$ 250 mn bond. Philippines
development of an SME sector program.
Poland’s access to EU structural funds for
followed by mining, services, agriculture
credits for the Philippines, totaling more
importance in American energy security.
basket of 24 international currencies and
to depreciate by up to 6 percent against the
and the resulting shortage of liquidity in
selling rate at LKRs79.47. In line with the
losses of official reserves and to mobilizethe support of International Monetary
out of standby credit from IMF, helped to
allowed to float freely since April 2000.
flexible crawling leg system within a band
of about 17%. However, with theintervention of the central bank, the
stability of LKR was restored at around 90
revalued on January 1, 1995, as new Zloty
bn in 2002. LKR has been depreciating inthe last 5 years by about 10% on year-to-
in 1995 to 3.52 in 1998, 4.143 in 2000 and
year basis from 64.45 in 1998 to 95.66 in
relatively stable. The absence ofspeculative pressure and restrained
financial institutions the right to sell USD
of 1.3% in 2002. It is estimated that the
1991-July 1996 a flexible exchange regime
2% in 2003. The inflation rate in 2002 was
decrease the pressure on the currency.
at 1.90% and is forecasted to be steady at
grew by about 3.20% on year-to-year basisin 2002 and it is estimated that it will cross
in Jan 2002 to USD 30.50 bn in Jan 2003.
With the above positive indicators, Zloty
to fall to 8 % in 2003. As on March 24,2003, LKR was quoted at 96.92 per USD
foreign currency reserves have increasedfrom USD 16.84 bn in 1995 to USD 44.74
The currency of Sri Lanka is Rupee(LKR).
lacking in infrastructure for the complex
Road to Cancún, Mexico – The 5th WTO Ministerial Conference
threatening their domestic agriculture. India’s reputation for taking a principled
policies of all the members are subject to
periodic review. India’s trade policy is
subject to review every four years and in
complimented for its reform process.
Policies and Practices in India hasstressed that India’s efforts would be
The Fifth WTO Ministerial WTO was held in Tokyo in February India’s trade partners to reduce, if not
task will be to take stock of progress in
forcefully as possible. As the WTO is all
The news items and information published herein
groups were able to identify which of the
have been collected from various sources, whichare considered to be reliable. While every care has
declaration sets January 1st, 2005 as the
been taken for authenticity of the material
published, Exim Bank accepts no responsibility for
authencity or accuracy of such items.
Note: Indian Rupees are referred in crore
India still seems to retain its aura as a
Export-Import Bank of India, Centre One Building,
natural leader of the developing world at
Floor 21, World Trade Centre Complex,Cuffe Parade, Mumbai 400 005.
Contact Numbers: Ahmedabad: 657 6852, Bangalore: 558 5755, Chennai: 2522 4714, Guwahati: 259 9135, Hyderabad : 2330 7816, Kolkata: 2229 3416,Mumbai: 2283 0761, New Delhi: 2332 6375, Pune: 645 8599Budapest: (361) 338 2833, Johannesburg: (2711) 442 8010, Milan: (3902) 584 30546, Singapore: (65) 653 26464, Washington D.C.: (202) 223-3238
Kolatch korr. Fass. 20.10. 24.09.2008 20:08 Uhr Seite 3 JÜDISCHE WELT VERSTEHEN Kolatch korr. Fass. 20.10. 24.09.2008 20:08 Uhr Seite 5Kolatch korr. Fass. 20.10. 24.09.2008 20:08 Uhr Seite 20 Die ersten Lebensjahre Einführung Das Judentum ist mehr als eine Religion, es ist eine Lebenswei-se. Über Jahrhunderte hin hat es Verhaltensregeln geschaffen,die größtenteils im Schulchan A
El SPAM no sólo es un problema para los usuarios de Internet que reciben diariamente en sus buzones docenas de e-mails no deseados en los que se les oferta variados artículos para aumentar su potencia sexual o conseguir una tupida melena. También es un problema muy serio para las empresas que ven cómo sus correos publicitarios o comerciales por algún misterioso motivo son catalogados como SPA