WEEKLY NEWSLETTER VOL. 10 ISSUE NO. 37 SEPTEMBER 15, … · Engineering Export Info-Bulletin, Vol. 10, Issue No. 37, SEPTEMBER 15, 2008 3 Preamble In order to have its first-ever

For information about Engineering Export Promotion Councilvisit : www.eepcindia.org

For information about EEPC Exhibitionsvisit : www.eepcindee.com

ISSN 0971-9776

WEEKLY NEWSLETTER VOL. 10 ISSUE NO. 37 SEPTEMBER 15, 2008

H i g h l i g h t s

C o n t e n t s

From Chairman’s Pen 2

OVERSEAS SECTION

• Overseas Market Information

– Council’s Activities

- INDEE – Shanghai 2008, China 3

- Multi-Product Delegation to Australia,

New Zealand and Indonesia 9

– Information on Kazakhstan 13

– Information on Slovakia 14

• Global Business Opportunities

– Tender Information 16

DOMESTIC SECTION

•Public Notice 22

•Export Finance 27

INDEE Kuala Lumpur 2008 : Curtain Raiserheld at Putra World Trade Centre (PWTC), Kuala Lumpur, Malaysia

on 8th September, 2008.

P22Govt. Notices/Notification/

Circulars

Public Notice No. 78(RE-2008)/2004-2009-dated 10th September,2008 – Import authoriza-tions for a restricted itemthrough specified ports.Notification No. 104/2008-Customs dated10th September, 2008 –Continuation of anti-dumping duty on steeland fibre glass tapes andtheir parts and compo-nents (9017 80 10 and9017 90 00).

P3INDEE � Shanghai2008, China

EEPC is organising an IndianEngineering Exhibition (INDEE)in Shanghai, China fromNovember 4 - 8, 2008.Members are requested toregister their participationwithin 30th September, 2008.

P9Multi-Product

Delegation to Australia,New Zealand &

Indonesia

EEPC is organising an Multi-Product Delegation to Australia,New Zealand and Indonesia from23rd November - 3rd December,2008. Members are requestedto register their participationwithin 22nd September, 2008.

2 Engineering Export Info-Bulletin, Vol. 10, Issue No. 37, SEPTEMBER 15, 2008

Chairman’s Pen

My dear fellow exporters,

The Council has submitted its Pre-Budget Memorandum to the Department of Commerce,

Ministry of Commerce & Industry, Government of India and the DGFT for the next fiscal (2009-

10). The suggestions are made on the basis of the representations received from our members

from all over the country. With respect to Direct Tax suggestions, we have requested for abolition

of Fringe Benefit Tax (FBT) on all export promotion related expenses to be exempted under Section

115WB(2)(c), 115WB(2)(d)(ii) for exporters. We have also requested for removal of FBT for

exempting the cost of participation by exporters in any overseas fairs, exhibitions, business

delegation, foreign delegation etc. The other significant suggestion with respect to Direct Tax is

to extend the due date for payment of TDS from the 7th to the 15th of the next month. With respect

to Central Excise, we have suggested that there should be a change in procedure for availing

CENVAT Credit by a direct Exemption System for manufacturing concern. For this, the Council

has suggested that procurement of raw material by manufacturer exporters, who are registered

with Central Excise and are members of EEPC should be allowed to procure raw materials under

bond/undertaking. This will reduce the transaction cost for both the exporters and the Government,

but also act as an incentive for SSI unit to register with Central Excise Authorities.

This apart, we have asked for an Exemption System for all Service Taxes at the post production

stage of export of goods. Enhancing the SSI exemption limit from Rs. 1.50 crore to Rs. 2.50 crore

has also been suggested by the Council.

We have also suggested that more powers to be given to Settlement Commission by including

Drawback and Service Tax cases to be brought under the Settlement Commission.

Yours sincerely,

(RAKESH SHAH)

Engineering Export Promotion Council

Engineering Export Info-Bulletin, Vol. 10, Issue No. 37, SEPTEMBER 15, 2008 3

Preamble

In order to have its first-ever foothold into the one of the most upcoming industrial nations in the world, EEPC is pleasedto announce its forthcoming INDEE at Shanghai, China scheduled to take place at Shanghai New International ExpoCentre (SNIEC), Shanghai, China during 4-8 November, 2008. This INDEE is being coincided with Metalworking & CNCMachine Tool Show which is the concurrent Show covered under China International Industry Fair 2008 that is consideredto be one of the major events in China visited by business community not restricting within South East Asia and Asia-Pacific but all over the world.

CIIF 2008 is being organized by Shanghai World Expo (Group) Co., Ltd., in association with Hannover-Messe InternationalGmbH & Hannover Fair Shanghai Ltd., and co-organized by China Machinery Industry Federation. The event issupported by various departments of Government of China such as �

� Ministry of Commerce

� Ministry of Science & Technology

� Ministry of Information Industry

� Chinese Academy of Science

� Chinese Academy of Engineering

� China Council for the Promotion of International Trade (CCPIT)

� Shanghai Municipal People�s Government

The previous event was organized in an area of 1,04,220 sq. mtr. attracting 1,775 exhibitors from all over the world andwhich was visited by over 95,000 business professionals and decision makers.

It gives an ample opportunity to the participating companies to have two-way business interactions with a cross-section ofbusiness visitors all around.

China in Brief

The People's Republic of China has the second largest economy in the world after the US with a GDP of over US$ 7 trillion (2007)when measured on a purchasing power parity (PPP) basis. In November 2007, it became the third largest in the world afterthe US and Japan with a nominal GDP of US$ 3.42 trillion (2007) when measured in exchange-rate terms. China has been

Engineering Export Promotion CouncilInvites Participation in

INDEE � Shanghai, 2008(Indian Engineering Exhibition)

November 4-8, 2008

at

Shanghai New International Expo Centre (SNIEC)Shanghai, China

Council’s Activities

Overseas Information


the fastest-growing major nation for the past quarter of a century with an average annual GDP growth rate above 10%. China'sper capita income has grown at an average annual rate of more than 8% over the last three decades drastically reducingpoverty. The country's per capita income is at about US$ 2,000 at nominal exchange rates and US$ 7,800 in PPP terms in2006, according to the IMF.

The country is one of the world's largest producers of a number of industrial and mineral products, including cotton cloth,tungsten, and antimony, and is an important producer of cotton yarn, coal, crude oil, and a number of other products. Itsmineral resources are probably among the richest in the world but are only partially developed. China has acquired somehighly sophisticated production facilities through trade and also has built a number of advanced engineering plants capableof manufacturing an increasing range of sophisticated equipment, including satellites.

Industry and construction account for about 48% of China's GDP. Around 8% of the total manufacturing output in the worldcomes from China itself. China ranks third worldwide in industrial output. Major industries include mining and ore processing;iron and steel; aluminum; coal; machinery; armaments; textiles and apparel; petroleum; cement; chemical; fertilizers; foodprocessing; automobiles and other transportation equipment including rail cars and locomotives, ships, and aircraft; consumerproducts including footwear, toys, and electronics; telecommu-nications and information technology. China has become apreferred destination for the relocation of global manufacturing facilities. Its strength as an export platform has contributedto incomes and employment in China. The state-owned sector still accounts for about 40% of GDP. In recent years,authorities have been giving greater attention to the management of state assets - both in the financial market as well asamong state-owned-enterprises - and progress has been noteworthy.

India-China Bilateral Trade and the emerging opportunities

Trade relations between the two countries have been on the increase. At present the balance of trade is in favour of China.India�s exports to China were to the tune of US$ 8,287.48 million in the year 2006-07 and imports from China to India wasUS$ 17,447.01 million. Thus the total trade was US$ 25,734.49 million.

Engineering goods scope in China

China ranks first as an importer of engineering goods and machinery in the world with imports in this category reachingUS$ 335.30 billion in 2007. China mainly imports machinery and engineer-ng goods from Europe, Japan, South Korea andTaiwan. In 2007, to meet the demand of machine tools, China imported products worth US$ 9.72 billion. Indian engineeringindustry is yet to tap this market largely on account of lack of understanding about Indian engineering industry in China.

China today is also a major importer of machinery items. There are niche areas where we can promote our exports to meetChinese demand. Many Chinese companies are interested to source vendors and parts from India either for projects inChina or for projects in third countries. Products that are looked to be sourced from India are :

Pressure Vessels, Pressure Vessels Internals, Air Coolers, Heat Exchangers, Storage Tanks, Furnaces, Boilers, CoolingTowers, Pumps, Compressors and Boilers, Agitators and Mixers, Fans, Turbines, Gears, Electric Motors, Valves, Pipes,Fittings, Flanges and Ring Joints, Transmitters and Converters, Control Room Instruments, Control Valves, Safety Valves,Instrument Cables and Tubes, Electric Cables, Transformers, Medium Voltage Panels, Low Voltage Panels.

Share of Small and Medium Industries in total exports is also growing at a steady rate. Out of the above mentioned items thereare various items manufactured by Indian small and medium industries that have good export potential for the Chinese market.

Product Sector

CNC and Metalworking

� CNC & NC Metal Cutting Machine Tools, Components and Auxiliary Equipment

� Metal Forming Machines and special purpose Machines

� Inspection, Measuring Equipments, Abrasive, Cutting Tools, Tooling. Jig Fixture & related products

� Small and Cutting Tools including Engineers Files



� Steel Pipe, Tubes and Fittings

� Fabricated Steel Structures, Castings and Forgings

� Ferrous and Non-Ferrous Metals

Key Technology & Equipment

� Large-scale Hot and Cold Rolling Sheet Complete Set of Equipment

� Large-scale Underground Coal Integrated Mining Equipment

� Large-scale Construction Machinery

� Agricultural Machinery & Equipment

� Industrial Machinery for manufacture of Sugar, Paper, Cement, Chemicals including Pressure Vessels, Boilers and

Heat Exchangers

� Industrial Machinery - Other including Heating, Cooling and other Air-conditions Equipment

� The large-scale Petrochemical Equipment

� Chemical Industry Complete Set of Equipment

Energy

� Power Stations, Power Station Technology, Power and Thermal Engineering

� Electricity Generating Sets, Boilers, Turbines and Engines

� Electric Power Machinery, Switchgear & Controlgear

� Energy Transmission and Conduction, Conversion, Distribution and Storage

� Control Equipment, Measurement and Control Equipment for Power Engineering

� Regenerative Primary Energy Sources, Renewable Energy

Industrial Automation & ICT Technology

� Mechanical & Electrical Engineering Equipment and Accessories

� Industrial IT & Software, CAD & CAM Systems and ERP Solutions

� Microsystems Technology and Nanotechnology

� Telecommunication and Network

� Information Security

� Electronic Components and Devices

� Instruments - all types

Environment Protection Technology & Equipment

� Water Treatment Technology and Equipment

� Waste Disposal and Recovery and Utilization Technology and Equipment

� Measuring, Control and Laboratory Technology

� Energy-Saving Technology and Equipment

� Pumps � all types

Scientific Technology & Innovation

� Achievements from Scientific and Technological Innovation by Enterprises, Research Institutes

� Design Technical and Consultancy Services

� Engineering Process Outsourcing (EPO)



Other Salient Features

Venue : Shanghai New International Expo Centre (SNIEC), Shanghai, China

Date : 4 � 8 November, 2008

Display Booth

The in-built booth of minimum 9 sq. mtr. shall contain -

1 Round Table, 3 Chairs, 1 Waste Bin, 3 Spot Lights, Fascia, one 10 Amp. Electrical Socket, Wall-to-Wall Carpet. Foradditional furniture and other requirements, prior intimation has to be made to the Council against payment.

Larger booths in multiple of 3 sq. mtr. are also available.

Participation Charges

One side open booth : Euro 200 per sq. mtr. or Indian Rs. 14,000/- per sq. mtr.+ Rs. 1,730/- per sq. mtr. as deposit towards Service Tax.

Two sides open booth : Euro 240 per sq. mtr. or Indian Rs. 16,800/- per sq. mtr.+ Rs. 2,076/- per sq. mtr. as deposit towards Service Tax.

Early Bird Rates

One side open booth : Euro 180 per sq. mtr. or Indian Rs. 12,600/- per sq. mtr.+ Rs. 1,557/- per sq. mtr. as deposit towards Service Tax.

Two sides open booth : Euro 216 per sq. mtr. or Indian Rs. 15,120/- per sq. mtr.+ Rs. 1869/- per sq. mtr. as deposit towards Service Tax.

(a) Early bird rates are applicable to those who will confirm their bookings on or before 15th September, 2008.

(b) Participants of INDEE - Kuala Lumpur will get 5% discount over and above the subsidized rates stated above.

Note : In case Service Tax is not chargeable, the deposit would be returned to participants.

If participants make payments in Euros, Service Tax is not applicable.

Due to limited availability of corner booths, allocation will be done on first-come-first-served basis subject to receiving fullpayment.

Payment & Cancellation

Full payment should be made along with Application Form, duly filled in latest by 30th September, 2008. The payment

should be made by way of Demand Draft drawn in favour of �Engineering Export Promotion Council�.

Booking of space will be considered only after receiving 100% payment. 50% cancellation charges applicable if reservation

is cancelled before 30th September, 2008. Any cancellation after this date would result in 100% forfeiture. Acceptance ofapplication and allocation of space will be at the sole discretion of the Council.

Shipment of Exhibits

In order to facilitate shipment of exhibits, Council will appoint a Shipping Agent.

Selection Criteria

Final selection of the participants will be done by a Committee based on the criteria such as Accreditation to the InternationalStandards (like ISO, QS, etc.), foreign collaboration, annual exports etc.

Travel and Hotel Accommodation

Council will assist participants in locating suitable airlines and hotels at Shanghai at negotiated rates through accreditedTravel Agents. However, participants are free to make their own travel/hotel arrangements.



Visa

Council will issue recommendation letters in favour of the representatives of the participating Indian companies in INDEEfor issuance of Visa for the Show. However, EEPC will not give any guarantee to this effect, as this is the sole discretionof the Embassy of China in India.

MDA Grant

This project is under Market Access Initiative (MAI) Scheme of the Government of India. Therefore, the cost of participationis highly subsidized. In fact, the cost of direct participation is Euro 280 per sq. mtr. However, no separate subsidy underMDA is available for this event.

Submission of Application

Interested firms may please send their Application Forms (enclosed) duly filled in and signed, along with the paymentlatest by 30th September, 2008 to any of the following offices in the respective regions :

R. MaitraExecutive DirectorEngineering Export Promotion CouncilVandhna, 4th Floor11, Tolstoy MargNew Delhi � 110 001Tel. : 91-11-23711124/25Fax : 91-11-23310920E-mail : [email protected] : www.eepcindia.org

Bhaskar SarkarAddl. Executive Director & SecretaryEngineering Export Promotion CouncilVanijya Bhavan (1st Floor)International Trade Facilitation Centre1/1, Wood Street, Kolkata � 700 016Tel. : 91-33-22890651/52/53Fax : 91-33-22890654E-mail : [email protected] : www.eepcindia.org

Anima PandeyRegional DirectorEngineering Export Promotion CouncilVanijya Bhavan (2nd Floor)

International Trade Facilitation Centre

1/1, Wood Street, Kolkata � 700 016Tel. : 91-33-22890673/74

Fax : 91-33-22890687

E-mail : [email protected]

Rajat SrivastavaRegional DirectorEngineering Export Promotion CouncilCentre 1, 12th FloorWorld Trade CentreCuffe ParadeMumbai � 400 005Tel. : 91-22-42125555Fax : 91-22-42125556/22180119

E-mail : [email protected], [email protected]

A. A. KazmiActing Regional DirectorEngineering Export Promotion Council19, Kasturba Gandhi Marg

Surya Kiran (4th Floor)

New Delhi � 110 001

Tel. : 91-11-23314171/74

Fax : 91-11-23317795


M. GanesanRegional DirectorEngineering Export Promotion CouncilGreams Dugar (3rd Floor)

149, Greams Road

Chennai � 600 006Tel. : 91-44-28295501/02

Fax : 91-44-28290495




Application FormINDEE � Shanghai, 2008

(4th - 8th November, 2008)

Name of the Company :

Postal Address :

Phone (with area code) :

Fax (with area code) :

E-mail :

Website :

Name & Designation of the Chief Executive :

Name & Designation of the Participant :

Mobile No. :

Passport No.

Place of Issue

Date of Issue & Valid up to : :

Status : ! Manufacturer/Exporter ! Merchant Exporter ! Export House

Booth Requirement : ! One side open ! Two side open

Area (Minimum Booth Area : 9 sq. mtr.) : Area :

Total Annual Export (in Million US$) : 2005-2006 2006-2007 2007-2008

Total Export to China : 2005-2006 2006-2007 2007-2008(in Million US$)

Foreign Collaboration, if any :

Products Manufactured/Exported :

Countries of Export :

Accreditation to International Standards :(like ISO, QS, etc.)

Nature of Display : Display of Samples !(please tick mark) Display of Posters !

1. Please use separate sheet to furnish details of your company (within 80 words) for the Exhibitor�s Profile.

2. Please send us this Form duly filled and signed along with your participation fees by Demand Draft and 2 (two) copiesof passport size colour photographs of the Participant.

Signature :

Date : Office Seal :




EEPC invites Participation at Multi-Product Delegationto Australia, New Zealand and Indonesia

(23rd November - 3rd December, 2008)

The Council is pleased to inform that a Multi-Product Trade Delegation will be visiting Australia, New Zealand & Indonesiaduring 23rd November - 3rd December, 2008.

Australia�s Economy

Australia is currently the world�s 14th largest economy by nominal GDP, with a size of $ 889 billion in 2007. The total exportsto Australia from India was US$ 924.05 mn out of India�s total export of US$ 126262 mn. The export of engineering items fromIndia in the financial year of 2006-07 was US$ 226.17 mn, while in 2007-08 was US$ 365.61 mn The items constituted ofMachinery & instruments, Transport equipment, Primary & semi-finished iron & steel, Iron & steel bar/rods etc.

The main export partners are Japan, China, South Korea, US and India, and the main import partners are US, China,Japan, Singapore, and Germany. While traditionally tied to Europe and US, Australia is now dependent on Asia for itseconomic well-being, which will give India the scope to survey the untapped opportunities to export engineering items.

New Zealand�s Economy

New Zealand has a modern, prosperous, developed economy with an estimated nominal gross domestic product (GDP) ofUS$ 128.1 billion (as of 2008). The manufactured products such as mechanical and electrical machinery, vehicles and textilesmake up for almost three-quarters of all imports to New Zealand. In 2007-08 total imports from India in the engineering sectorwhich included mostly of machinery & instruments, manufactures of metals, primary & semi-finished iron & steel etc. wasUS$ 40.23 mn which was around US$ 16.51 mn more than 2006-07 out of the total export from India of US$ 502.97 mn in2006-07.

Indonesia�s Economy

Indonesia, one of Southeast Asia's biggest economy, has a market-based economy in which the government plays asignificant role. Indonesia�s full-year growth for 2007 clocked in at 6.32 per cent, the fastest rate in the last 11 years. Indiatotal exports to Indonesia accounted for about US$ 2026.5 mn, where export of engineering items from India registered agrowth of US$ 192.03 mn over the last fiscal and stood at around US$ 606.45 mn in 2007-08.

Date and duration

Date Day Status

24-Nov-08 Monday Arrival at Sydney at early morning Qantas Airways - QF 225-Nov-08 Tuesday BSM at Sydney26-Nov-08 Wednesday Reach Melbourne by 7:30 A.M.

Qantas Airways - QF 401BSM at Melbourne

27-Nov-08 Thursday Free Day Time for Follow Up MeetingReach Auckland (NZ) late night Qantas Airways - QF 133

28-Nov-08 Friday BSM at Auckland29-Nov-08 Saturday Free Day Time for Follow Up Meeting30-Nov-08 Sunday Auckland to Sydney by QF - 114

From Sydney to Jakarta Qantas Airways - QF 4101-Dec-08 Monday BSM at Jakarta02-Dec-08 Tuesday Free Day Time for Follow Up Meeting03-Dec-08 Wednesday Depart for India

(Jakarta To Singapore : Value Airways-VF-504)(From Singapore to Kolkata : Singapore Airlines : SQ-516)


List of Potential Items

� Automobile Parts

� Other Non-Ferrous Metal & Products

� Boiler & Parts

� Other Steel Products N.O.S.

� Bolts & Nuts (Fasteners)

� Other Structurals

� Bright Bars

� Prime Iron & Steels

� Cutting Tools

� Pumps

� Ferrous Industrial Castings

� Sanitary Castings

� Hand Tools

� Stainless Steel Utensils

� Heating & Cooling Equipments

� Steel Forgings

� Instruments All Types

� Steel Pipes & Tubes

� Machine Tools

� Steel Wire

� Other Construction Machinery

� Tractors & Agricultural Equipments

� Other Industrial Machinery

Hotel Accommodation/Travel Costs

All participants will be booked in the same hotel for convenience. Hotel charges will have to be borne individually, includingTicketing, Visa Fees etc. The Council will suitably recommend for obtaining desired Visas.

Registration and Participation Charges

Rs. 55000/- (plus Rs. 6798/- as Service Tax) per participant will be charged to partially cover the expenses on providing followingfacilities to the participants :

� Airport Transfer

� Local Transport for joint meeting and BSM

� Venue Expenses, Working Lunch Expenses on the day of BSM

� Preparing database for marketing purpose

� Direct mobilization of buyers in Sydney, Melbourne, Auckland & Jakarta

� Payment to Agencies and Chambers of Commerce for mobilizing Buyers

� Printing of delegates profile booklet for distribution among the Buyers, Chamber of Commerce, Trade Associations,and Embassies

� Release of advertisement in press in all three countries.

Other individual expenses like hotel charges, food expenses (other than the one lunch provided by the Council at eachcentre on the day of BSM), transport charges for factory visits (if delegate arranges) will have to be borne by the delegates.

Please note that Service Tax of Rs. 6798/- (12.36%on Rs. 55000/-) will be charged on the participation fees. In caseService Tax is not chargeable, the deposit would be returned to participants.

MDA Entitlement

Participants will be eligible to & fro air passage in economy excursion class up to Rs. 70000/- only as per revised MDAguidelines. Only one person per company will be entitled.

Selection Criteria

In view of limitations on number of participants (15 only) selection of participants will be done on first-come-first-serve basisand finally it will be decided by a Committee based on the criteria such as accredition to the international standards, ISO,QS etc, foreign collaboration, annual export etc.



Cancellation of Participation

The Registration Form duly filled along with the Demand Draft for Rs. 61798/- in favour of �Engineering Export PromotionCouncil� payable at Kolkata should be sent latest by 22nd September, 2008 to enable us to organize Buyer Seller Meetsaccording to the profile of participants.

Any request for cancellation after confirmation will not be entertained after 30th September, 2008 and will amount toforfeiture of the payment made to the Council on account of participation charges.

You are requested to confirm your interest immediately along with the requisite fee and completed Registration Form in thefollowing address :

Anima PandeyRegional DirectorEngineering Export Promotion CouncilVanijya Bhavan (2nd Floor)

International Trade Facilitation Centre

1/1, Wood Street, Kolkata � 700 016

Tel. : 91-33-22890673/74Fax : 91-33-22890687





Registration FormMulti-Product Delegation to Australia, New Zealand and Indonesia

(23rd November - 3rd December, 2008)

Name of the Company (in block letters) :

Postal Address (in block letters) :

Phone (with area code) :

Fax (with area code) :

E-mail :

Website :

Name & Designation of the Visiting Delegate :

Items manufactured/exported :

Total Annual Export (in Million US$) : 2005-2006 2006-2007 2007-2008

Total Export to ASEAN Countries : 2005-2006 2006-2007 2007-2008(in Million US$)

Countries of Export :

Accreditation to International Standards :(like ISO, QS, etc.)

Foreign Collaboration, if any :

Nature of business : ! Manufacturer/Exporter ! Merchant Exporter ! Export House

Items for which BSM is requested :

Photograph enclosed (2 copies) : ! Yes ! No

Company Profile with product details : ! Enclosed ! Not Enclosed(Please enclose with the Form)

Room Requirement : ! Single Room ! Twin Sharing Room

Passport details :

Name as in Passport :

Passport No. :

Date of Issue :

Date of Expiry :

Place of Issue :

Please send the Form duly filled in and signed along with your participation fees by DD/Cheque No. ___________________dated ____________________ of Rs. 61798/- payable to �Engineering Export Promotion Council� Kolkata, towards participationcharges.

Signature :

Date : Office Seal :


Overseas Market Information


Kazakhstan

Construction of a Gas Line between Kazakhstan and China

Construction of Kazakh section of a gas pipeline to China with the capacity of 30bn cubic meter a year started in Almatyregion. The construction work is being carried out by KazStroyService company and China Petroleum Pipeline EngineeringCorporation. On this occasion, Minister of Energy and Mineral Resources Sauat Mynbayev said that this pipeline willgive a new impetus to the development of not only the gas sector but also country�s economy on the whole. The projectis slated to be completed in 5 stages by 2012 and designated for transit supplies of 30 bn cu. M. of gas from Turkmenistanand Uzbekistan to China a year.

Contact details of KazStroyService Company

Head OfficeKazStroyService Company248B Dostyk Ave., 050020Almaty, Republic of KazakhstanTel. : +7 (727) 266 24 24Fax : +7 (727) 258 31 71E-mail : [email protected]

Almaty Branch OfficeKazStroyService CompanyOffice # 404, 62 Abylaikhana Ave.050004 AlmatyRepublic of KazakhstanTel. : +7 (727) 298 05 90Fax : +7 (727) 273 86 15

IndiaKazStroy Engineering India Pvt. Ltd.Vatika Towers, 1st Floor, Sector 54Gurgaon 122002, HaryanaTel. : +91 1123362414E-mail : [email protected]

Contact details of China Petroleum Pipeline Engineering Corporation

China Petroleum Pipeline Engineering Corporation (CPPE)No. 22 Jinguang RoadLangfang City, Hebei ProvinceChina, ZIP : 065000Tel. : +86-316-2075020?2073416?2074049Fax : +86-316-2077010?2073756E-mail : [email protected] : www.cppe.com.cn

Investments Opportunities in Country�s Electric Power Industry

Manager of the Electric Energy Resources Department of the �Samruk� JSC said that USD 22 billion investments willbe needed to modernize the country�s electric power industry by 2015. Attraction of investment will influence tariffs leveland in order to provide return of these investments tariffs for electric power will be probably raised.

For further details about �Samruk� JSC, please visit at www.samruk.gov.kz

(Source : Embassy of India, Astana)



Slovakia

Visteon to Build Science-Technological Centre in Nitra

The Visteon Corporation, a car-components manufacturer operating in Ilava (Trencin region) and Nitra, plans to build ascience-technological centre in Nitra. The Visteon Corporation was the first to launch production in the Nitra industrialpark and currently produces air-conditioning units in Ilava and car interiors in Nitra. It has invested Sk1.6 billion (�53.11million) in its Slovak operations so far.

Contact details of Visteon Corporation

Visteon Slovakia S.r.o.Ulica obrancov mieruDubnica 01851SlovakiaTel. : (421) 37-690-9200

Visteon Slovakia S.r.o.Stefanova Street 401IlavaSlovakiaVisteon Slovakia S.r.o.Dolne Hony 2Nitra 94901SlovakiaTel. : (421) 37-690-9200

For more details on Viesteon Corporation, please visit at www.visteon.com

SARIO Facilitated Foreign Investment Flows of �240.3 million in 1H08

The Slovak Trade and Investment Development Agency (SARIO) was involved in 22 investment projects that were

completed in the first six months of 2008, facilitating a flow of foreign direct investments worth �240.3 million (Sk7.24billion) and the creation of 3,191 new jobs (which could rise to 3,331).

Most projects were in chemicals, rubber and plastics production, and in the car, engineering and electrotechnical industries.

SARIO is working on 131 registered investment projects at various stages of development at the moment. The highest

number is from Germany (24), followed by the U.S.A. (13), Great Britain (10), and Belgium (7).

Contact details of The Slovak Trade and Investment Development Agency (SARIO)

Slovak Investment and Trade Development AgencyMartincekova 17821 01 BratislavaSlovak RepublicTel. : +421 2 58 260 100, 101Fax : +421 2 58 260 109E-mail : [email protected]@sario.sk

Chief Executive OfficerMr. Peter Haja�Tel. : +421 2 58 260 110E-mail : [email protected]@sario.sk



Foreign Trade SectionMr. Juraj �umichrastDirector of SectionTel. : +421 2 58 260 311E-mail : [email protected]@sario.sk

EU Structural Funds SectionMr. Ján KrakDirector of SectionTel. : +421 2 58 260 410E-mail : [email protected]@sario.sk

Foreign Direct Investment SectionMr. Peter OstricaDirector of SectionTel. :+421 2 58 260 222E-mail : [email protected]@sario.sk

Spokesman of SARIOJana MurínováTel. :+421 2 58 260 131Fax : +421 2 58 260 109Mobile : +421 0910 828 228E-mail : [email protected]@sario.sk, [email protected]@sario.sk

EC Recommended Extra Safety Measures for Mochovce Nuclear Plant

The European Commission recommended that additional safety measures should be introduced for the construction ofreactor blocks three and four at the Mochovce nuclear power plant (Nitra region). E.C. said that extensive discussionswith the plant�s operator led to the conclusion that if the recommendations were put into practice, the completion of theplant would be in accordance with European legislation. It was proposed that the plant�s reactors should have a full-fledgedprotective jacket, as is normal for European nuclear power plants.

(Source : Embassy of India, Bratislava)


Tender Information


Bosnia and Herzegovina(EEPC Ref. No. DB-1988)

Project : Power Distribution Reconstruction Project

Loan No. 35806

Loan from EBRD

Notice No. : EBRD140-735/08

Issued by : Elektroprivreda of the Republic of Srpska

Project Implementation Unit

Kralja Petra I Karadjordjevica 83A/ I I

78000 Banja Luka

Bosnia and Herzegovina

Republic of Srpska

Attn. : Mr. Milorad �ivkovic, PIU Director

Tel. : (387-51) 215-658/654, (387-59) 277-146

Fax : (387-51) 215-667/670, (387-59) 277-149

For : Procurement of AMM (automated meter management) systems, electricity meters and associated services

for Elektrokrajina-Banja Luka, Elektrobijeljina-Bijeljina, Elektrodistribucija Pale-Pale and Elektrohercegovina-

Trebinje.

Tender cost : Non-refundable fee of � 300 or equivalent in a convertible currency.

Bid security : � 50.000,00 in tender currency or its equivalent in a convertible currency.

Bid deadline : 05.11.2008

China(EEPC Ref. No. DB-1989)

Project : Shanghai Urban Environment Project APL II

Loan No. 4801-CHA; Project ID No. P075732

Loan from IBRD

Notice No. : WB3661-735/08

Issued by : Employer

Shanghai Municipal Sewerage Company

152 Tan Jia Qiao Road

Shanghai 200070

P. R. China

Attn. : Ms. Wang Xuxia

Tel. : (86-21) 5652-8200, 311

Fax : (86-21) 5652-9502



Procurement Agent

Shanghai International Tendering Co., Ltd. (SITC)16F, Mei Li Yuan Mansion358 Yan An Road (W)Shanghai 200040, P. R. ChinaAttn. : Mr. Wang JinTel. : (86-21) 6279-1919, 161Fax : (86-21) 6279-1616E-mail : [email protected]

For : Supply, installation of equipment for instrument, control system and SCADA system, Rehabilitation of WesternTrunk Sewer (WT10.3).

Tender cost : Non-refundable fee of RMB 1000.00 or US$ 120.00.

Bid security : Not less than 2% of the bid price or an equivalent amount in a freely convertible currency.


Nigeria(EEPC Ref. No. DB-1990)

Project : National Urban Water Sector Reform Project

Credit No. 4086-UNI; Project ID No. P071391

Credit from IDA

Notice No. : WB3644-735/08

Issued by : National Urban Water Sector Reform Project OfficeDepartment of Water Supply, Quality Control and InspectorateFederal Ministry of Agriculture and Water ResourcesPlot 2789, Aguiyi Ironsi StreetMaitama Abuja, PO Box 4276Garki, Abuja, NigeriaAttn. : National Project CoordinatorTel. : (234-80) 3373-7149E-mail : [email protected]

For : Rehabilitation of Oyan dam including refurbishment of engineering infrastructure and mechanical equipment,and general refurbishment and replacement of electrical parts.

Tender cost : Non-refundable fee of Twenty Thousand Naira (N 20,000.00) or US$ 200.

Bid security : N 20 million or US$ 170,000.


Philippines(EEPC Ref. No. DB-1991)

Project : Diversified Farm Income and Market Development Project (DFIMDP)

Loan No. 7236-PH

Loan from IBRD

Notice No. : WB3581-735/08



Issued by : Bids and Awards Committee

Bureau of Plant Industry

692 San Andres

Malate, Manila 1004

PhilippinesAttn. : Ms. Wilma R. Cuaterno

Chairperson

Tel. : (632) 526-7859; (632) 526-7873

Fax : (632) 526-2423


For : Procurement of Laboratory Equipment.

Tender cost : Non-refundable fee of Two Thousand Five Hundred pesos (Php 2,500.00).

Bid security : 2.5% of the bid price.


Romania(EEPC Ref. No. DB-1992)

Project : Health Sector Reform Project - Phase II

IBRD Loan No. 4760 RO; EIB Loan No. 22943 RO; Project ID No. P078971

Loan from International Bank for Reconstruction and Development (IBRD) & European Investment Bank (EIB)

Notice No. : WB3670-735/08

Issued by : Ministry of Public Health

Projects Management Unit - World Bank

1-3 Cristian Popisteanu St.

2nd Floor, Room 235

Postal Code : 010024, Sector 1

Bucharest, Romania

Attn. : Mrs. Virginia Ciocoiu

Head of PMU

Tel. : +40 (21) 307 26 41; +40 (21) 307 25 89

Fax : +40 (21) 307 25 87


For : Procurement of Neonatal and Intensive Care Units Monitors :

Lot I : Neonatal Cardio-Respiratory Monitor # 196 pieces

Lot II : Intensive Care Units and Postoperatory Monitors for Adults # 74 pieces

Lot III : Intensive Care Monitoring System for adult and pediatric use:

- Central Monitoring Station # 15 pieces

- ICU Monitors #Type A# 60 pieces

- ICU Monitors #Type B# 60 pieces

Lot IV : Intensive Care Units Monitors # 88 pieces



Tender cost : Non-refundable fee of EUR 100 or equivalent in local currency (RON).

Bid security : - EUR 40,000 (forty thousand Euro) for Lot I

- EUR 11,000 (eleven thousand Euro) for Lot II

- EUR 38,000 (thirty eight thousand Euro) for Lot III

- EUR 18,000.00 (eighteen thousand Euro) for Lot IV


Vietnam(EEPC Ref. No. DB-1993)

Project : Mekong Regional Health Support Project

Project ID No. P089124

Credit from IDA

Notice No. : WB3643-735/08

Issued by : The Central Project Management Unit (CPMU)Rooms C21-22, 5th FloorHorison Hotel, 40 Cat Linh St.Dong Da District, Hanoi, VietnamAttn. : Dr. Le Thi ThanhTel. : (84-4) 736-7325Fax : (84-4) 736-7327E-mail : [email protected]

for : Procurement of Medical Equipment for Can Tho Central General Hospital :

- Lot 1 : 64-Slice CT Scanner System

- Lot 2 : MRI System 1.5 Tesla

Tender cost : Non-refundable fee of VND 1,600,000 or US$ 100 + US$ 100 (courier charge).

Bid security : Not less than 2% of bid price or an equivalent amount in a freely convertible currency.


(Source : UN Development Business Website)

Egypt(EEPC Ref. No. MEED-105)

Tender for : Railway signaling system modernisation

Tender details : Modernisation of a signaling system at the section Arab el-Rami and Alexandria on the Cairo-Alexandriarailway line. Financed by the World Bank.Details on payment of £E 5,000.

Closing date : 07.10.2008

Issued by : Egyptian National Railways AuthoritySignals Engineering DepartmentFourth Floor, Above Shoubra SubwayCairo, EgyptTel. : (202) 5761578/5753576/5771604Fax : (202) 5761578



Egypt(EEPC Ref. No. MEED-106)

Tender for : Power station electric transformers

Tender details : Supply of a 220/22-kV electric transformer to serve as a standby transformer for a 300-MW turbine,and a 66/6.3-kV electric transformer to serve as a standby transformer for a 32-MVA main servicestransformer, as part of the 300-MW turbine at Damanhour power station.Details on payment of £E 5,000.

Bid bond : £E 1.2 million


Issued by : National Bank of EgyptIsmailiya branch - from West Delta Electricity Production Company7 Riad Pacha StreetGlim, Alexandria, EgyptTel/Fax : (203) 5761375

Oman(EEPC Ref. No. MEED-107)

Tender for : Sewage treatment plant

Tender No. : 216/2008

Tender details : Design, procurement, supply and installation of a sewage treatment plant at Liwa for the RegionalMunicipalities & Water Resources Ministry.Details available on payment of RO 500.


Issued by : Tender BoardPO Box 787Al-Khuwair 133, OmanTel. : (96824) 602073/602556Fax : (96824) 602063

Tunisia(EEPC Ref. No. MEED-108)

Tender for : Electricity connectors

Tender No. : 2008-D-3524

Tender details : Supply of low-tension connectors as part of an electricity distribution network project. Financed by theAfrican Development Bank.Details on payment of TD 70.


Issued by : Direction DistributionSociete Tunisienne de l�Electricite & du GazDepartement ApprovisionnementTroisieme EtageBatiment G, 38 Rue Kemal AtaturkTunis, TunisiaTel. : (21671) 341311 ext 4486/41190Fax : (21271) 349981/330174/341401

(Source : MEED.com website)



KuwaitIssued by : Central Tender Committee

P.O. Box 1070Safat 13011, KuwaitTel. : 2401200 (5 lines)Telefax : 2416574Website : www.ctc.gov.kw

Tender No. : MJ/10/2008-2009

Name of the company : Ministry of Justice

Requirements : Supply, installation, operation, testing & maintenance of Generators Board at JusticePalace Building.

Fee (KD) : 40.000

Initial deposit of offer�s value : KD 4000


Following tender is open only for qualified tenderers :

Tender No. : MEW/1-2008-2009

Name of the company : Ministry of Electricity & Water

Requirements : Cleaning works for main transformer stations for (197) Nos. stations and Southern AreaSites.

Fee (KD) : 100.000

Initial deposit of offer�s value : KD 5000


For further details please contact :

Mr. Anuj GuptaAttache (Commerce)Embassy of IndiaP.O. Box 1450Safat 13015KuwaitTel. : 2530600/612/613Fax : 2525811E-mail : [email protected]

(Source : Embassy of India, Safat)


Public Notice

Domestic Information

Government of IndiaMinistry of Commerce & Industry

Department of CommerceDirectorate General of Foreign Trade

New Delhi

Public Notice No. 72 (RE-2008)/2004-2009Dated 2nd September, 2008

In exercise of power conferred under paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign

Trade hereby makes the following amendment in the Handbook of Procedures (Vol. I) in Appendix 4C (list of agencies

authorized to issue Certificate of Origin-Non-Preferential)

�The existing entry at Sr. No. 6 in Public Notice No. 63 (RE-2008)/2004-2009 dated the 12th August, 2008 regarding delisting

of Meghalaya International Exporters Chamber of Commerce (MIECC), Dawki Jaintia Hills is hereby deleted.�

Sd/-

(R. S. GUJRAL)

[File No. 01/93/180/075/AM08/PC-I (B)] Director General of Foreign Trade





New Delhi

Public Notice No. 73 (RE-2008)/2004-2009Dated 2nd September, 2008

In exercise of power conferred under paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign

Trade hereby makes the following amendment in Appendix-2 of Handbook of Procedures (Vol. I), under the list of Export

Promotion Councils/Commodity Board :-

1. Sl. No. 9. stands amended as under :-

The Cotton Textiles Export Promotion Council :

Registered Office Regional Office

Engineering Centre 5th Floor Suite No. 46 Mezzanine Floor

9, Mathew Road, Behind Opera House Indra Palace, H- Block

Mumbai-400004 Connaught Circus, New Delhi-110001

Tel. : (022) 23632910-12 Tel. : (011) 23316168/9971621984 (M)

Fax : (022) 23632914 Fax : (011) 23719104

Email : [email protected]

Website : www.texprocil.org

The regional offices of the Council at Cecil Court (Mumbai), Madras, Ahmedabad, Kolkata, Tuticorin, Cochin, Coimbatore,

Jaipur, Ichalkaranji, Erode and Air Cargo Complex (Mumbai) are herby deleted.

2. Serial No. 34 stands amended as under :

Services Export Promotion Council

#1206, Chiranjiv Tower

43, Nehru Place

New Delhi-110019

Tel. : 011-26453668, 26453666

Fax : 011-26453667


Website : www.servicesepc.com

Sd/-

(R. S. GUJRAL)

[File No. 01/94/180/175/AM07/PC-I (B)] Director General of Foreign Trade





New Delhi

Public Notice No. 77 (RE-2008)/2004-2009Dated 10th September, 2008

S.O (E) In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-09, as amended, the Director

General of Foreign Trade hereby makes the following correction in the Public Notice No. 27 (RE-2005)/2004-09, dated 14th

July, 2005, read with Public Notice No.14 (RE-2006)/2004-09 dated 30th May, 2006 and Public Notice No. 91 (RE-2007)/

2004-09 dated 11th December, 2007 :-

The words and figures �within three years from the date of issue of this Public Notice� mentioned in Para � 2 of Public Notice

No. 27 (RE-2005)/2004-09 dated 14th July, 2005 may be amended to read as �within four years from the date of issue of this

Public Notice�.

Sd/-

(R. S. GUJRAL)

(File No. 01/91/171/17/AM06/PC-III) Director General of Foreign Trade





New Delhi

Public Notice No. 78 (RE-2008)/2004-2009Dated 10th September, 2008

In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign

Trade hereby notifies the following amendment in the Handbook of Procedures (Vol. I) :

2. The following new paragraph shall be added in Handbook of Procedures Vol. I :

Para 2.37A : Import authorizations for a restricted item if so directed by the competent authority, shall be issued for

import through one of the sea ports or air ports or ICDs or LCS, as per the option indicated, in writing, by the applicant.

Authorization holder shall register the same at the port specified in the authorization and thereafter all imports against

said authorization shall be made only through that port, unless the authorization holder obtains permission from customs

authority concerned to import through any other specified port.

Sd/-

(R. S. GUJRAL)

(File No. 01/53/162/229/M-51/AM07/ILS Pt) Director General of Foreign Trade



Government of IndiaMinistry of Finance

Department of RevenueCentral Board of Excise & Customs

New Delhi

Notification No. 104/2008-CustomsDated 10th September, 2008

G.S.R.(E).-Whereas, the designated authority vide Notification No. 15/2/2008-DGAD, dated the 31st March, 2008, published

in Part I, Section 1 of the Gazette of India, Extraordinary, dated the 1st April, 2008, had initiated review, in terms of Sub-

Section (5) of Section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rule 23 of the Customs Tariff (Identification,

Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, in the

matter of continuation of anti-dumping duty imposed on steel and fibre glass tapes and their parts and components (hereinafter

referred to as the subject goods) originating in or exported from the People�s Republic of China vide Notification of the

Government of India in the Ministry of Finance (Department of Revenue), No. 147/2003-Customs, dated the 7th October,

2003, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i) vide number GSR 793(E), dated the

7th October, 2003;

And whereas the Central Government had extended anti-dumping duty on the subject goods by six months vide Notification

of the Government of India in the Ministry of Finance (Department of Revenue), No.50/2008-Customs, dated the 21st April,

2008 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i) vide number GSR 296(E), dated the

21st April, 2008;

And whereas the designated authority has requested for further extension of anti-dumping duty by six months, pending

completion of the review investigations;

Now, therefore, in exercise of the powers conferred by Sub-Sections (1) and (5) of Section 9A of the said Tariff Act read with

rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for

Determination of Injury) Rules, 1995, the Central Government hereby makes the following further amendment in the Notification

of the Government of India, in the Ministry of Finance (Department of Revenue), No. 147/2003-Customs, dated the 7th

October, 2003, namely : -

In the said Notification, for the paragraph 3, the following paragraph shall be substituted, namely :-

�3. The anti-dumping duty imposed under this Notification shall be effective up to and inclusive of the 3rd day of April, 2009.�

Sd/-

(UNMESH WAGH)

[File No. 354/15/2003-TRU (Pt.II)] Under Secretary to the Government of India

Note. - The principal Notification No. 147/2003-Customs, dated the 7th October, 2003, was published in the Gazette of India,

Extraordinary, Part II, Section 3, Sub-Section (i) vide number GSR 793(E), dated the 7th October, 2003 and was last

amended vide Notification No. 50/2008-Customs, dated the 21st April, 2008 and was published in the Gazette of India,

Extraordinary, Part II, Section 3, Sub-Section (i) vide number GSR 296(E), dated the 21st April, 2008.

Member-exporters can avail the Notification No. 50/2008-Customs, dated the 21st April, 2008 from the following Website :

http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k8/cs50-2k8.htm


Export Finance


Reserve Bank of IndiaForeign Exchange DepartmentCentral Office, Mumbai 400 001

RBI/2008-09/155A. P. (DIR Series) Circular No. 14

Dated 5th September, 2008

Overseas Investment � Rationalisation

Attention of the Authorised Dealer Category - I (AD Category - I) banks is invited to Notification No.FEMA120/RB-2004dated 7th July, 2004 [Foreign Exchange Management (Transfer or Issue of any Foreign Security) Regulations, 2004] (theNotification), as amended from time to time.

2. In terms of Regulation 15 of the Notification ibid, an Indian party which has acquired foreign security in terms ofRegulations in Part I of the Notification shall receive share certificates or any other document as an evidence of investmentin the foreign entity to the satisfaction of the Reserve Bank within six months, or such further period as Reserve Bank maypermit, from the date of effecting remittance or the date on which the amount to be capitalised became due to the IndianParty or the date on which the amount due was allowed to be capitalised. The documentary evidence of investment isrequired to be submitted to the Regional Office concerned of Reserve Bank.

3. With a view to further simplifying the procedure, it has been decided that, henceforth, such share certificates or anyother document as an evidence of investment in the foreign entity should not to be submitted to the Reserve Bank. Theshare certificates or any other document as evidence of investment where share certificates are not issued shall, henceforth,be submitted to and retained by the designated AD Category � I bank, who would be required to monitor the receipt of suchdocuments and satisfy themselves about the bonafides of the documents so received. A certificate to this effect should besubmitted by the designated AD Category � I bank to the Reserve Bank along with the APR (Part III of Form ODI) asannexed to AP (Dir Series) Circular No 68 dated June 1, 2007.

4. AD Category - I banks may bring the contents of this Circular to the notice of their constituents and customers concerned.

5. The directions contained in this Circular have been issued under Sections 10(4) and 11(1) of the Foreign ExchangeManagement Act, 1999 (42 of 1999) and is without prejudice to permissions/approvals, if any, required under any other law.

Sd/-(SALIM GANGADHARAN)

Chief General Manager-in-Charge



Reserve Bank of IndiaForeign Exchange DepartmentCentral Office, Mumbai 400 001

RBI/2008-09/158A. P. (DIR Series) Circular No. 15

Dated 8th September, 2008

Foreign Exchange Management Act, 1999 � Advance Remittances for Import of Services

Attention of all Authorized Dealer Category � I (AD Category � I) banks is invited to paragraph 3 of A. P.(DIR Series)Circular No.65 dated January 6, 2003, in terms of which AD Category � I banks are required to obtain a guarantee from abank of international repute situated outside India or a guarantee from an AD Category � I bank in India, if such a guaranteeis issued against the counter guarantee of a bank of international repute situated outside India for advance remittancesexceeding USD 100,000 or its equivalent for import of services into India.

2. With a view to liberalizing the procedure further, it has been decided to raise the limit of USD 100,000 for advanceremittance for all admissible current account transactions for import of services without bank guarantee to USD 500,000 orits equivalent. AD Category � I banks may frame their own guidelines to deal with such cases as per the policy approvedby the bank�s Board of Directors.

3. Where the amount of advance exceeds USD 500,000 or its equivalent, a guarantee from a bank of international reputesituated outside India, or a guarantee from an AD Category � I bank in India, if such a guarantee is issued against thecounter-guarantee of a bank of international repute situated outside India, should be obtained from the overseas beneficiary.

4. AD Category � I banks should also follow-up to ensure that the beneficiary of the advance remittance fulfils his obligationunder the contract or agreement with the remitter in India, failing which, the amount should be repatriated to India.

5. AD Category � I banks may bring the contents of the Circular to the notice of their constituents and customers concerned.

6. The directions contained in this Circular have been issued under Section 10(4) and Section 11(1) of the Foreign ExchangeManagement Act, 1999 (42 of 1999) and is without prejudice to permissions/approvals, if any, required under any other law.

Sd/-(SALIM GANGADHARAN)

Chief General Manager-in-Charge



Exim Bank Extends US$ 25 MN LOC to Ghana

Export-Import Bank of India (Exim Bank) has, at the behest of Government of India, extended a Line of Credit (LOC) of US$ 25

million to the Government of Ghana. The LOC has been earmarked for the purpose of financing (i) ICT and Good Governance,

(ii) Procurement of track materials, tools and equipments, wagons and spares, trucks and buses, foundry materials and (iii)

Agro Processing Plant in Ghana. Exim Bank will reimburse 100% of contract value to the Indian exporters, upfront upon the

shipment of goods.

Exim Bank already has in place three Lines of Credit aggregating to US$ 102 million that have been extended to the

Government of Ghana. The LOCs were utilized for projects including Rural electrification, Construction of seat of Government,

Agriculture, Transportation and Communication equipment. Main products exported from India to Ghana include transport

equipment, petroleum crude, pharmaceutical products, primary & semi-finished iron & steel, machinery & instruments,

manufactures of metals and plastic & linoleum products.

Exim Bank has in place 102 Lines of Credit, covering over 90 countries in Africa, Asia, Latin America, Europe and the CIS,

with credit commitments of over US$ 3.35 bn, available for financing exports from India. Exim Bank's LOCs afford a risk-

free, non-recourse export financing option to Indian exporters.

For further information, please contact :

Mr. Prabhakar Dalal

Chief General Manager

Export-Import Bank of India

Centre One Building, Floor 21

World Trade Centre Complex, Cuffe Parade

Mumbai 400 005

Tel. : (022) 22162073/22172310

Fax : (022) 22182460


OFFICE BEARERSOF THE COUNCILCHAIRMAN

Rakesh Shah

Phone: Off : 91-33-22872511/22876640/

22874447/22804929

Res: 91-33-24071637/1638/24689706

Fax : Off : 91-33-22875104/22870780

Res: 91-33-24456925


[email protected]

VICE CHAIRMEN

Mahesh K. Desai

Phone: Off : 91-40-27617098/27615131

Res: 91-40-27765793

Fax : 91-40-27614376


Amanpreet Singh Chadha

Phone: Off : 91-22-40325600/40325678 (D)

Res: 91-22-23516865

Fax : 91-22-23854428/40325646


REGIONAL CHAIRMEN

Eastern Region

R. P. Sehgal

Phone: Off : 91-33-22803127/22878229/

22902256

Res: 91-33-64528925

Fax : 91-33-22879938


Northern Region

S. C. Ralhan

Phone: Off : 91-161-2673805/806/2670219

Res: 91-161-2670129/2672542

Fax : 91-161-2671049/2676817


Southern Region

B. Chandrasekharan

Phone: Off : 91-80-26704010/12

Res: 91-80-26764665

Fax : 91-80-26704011


[email protected]

Western Region

Nayan N. Shah

Phone: Off : 91-22-65702939/26763555

Res: 91-22-26207506

Fax : 91-22-28730291


EEPC OFFICES IN INDIAAND ABROADR. MaitraExecutive DirectorEngineering Export Promotion CouncilVandhna (4th Floor), 11 Tolstoy MargNew Delhi 110 001Tel. : 91-11-23353353, 23711124/25Fax : 91-11-23310920E-mail : [email protected] : www.eepcindia.org

HEAD OFFICEB. SarkarAddl. Executive Director & SecretaryEngineering Export Promotion CouncilVanijya Bhavan (1st Floor)International Trade Facilitation Centre1/1 Wood StreetKolkata 700 016Tel. : 91-33-22890651/52Fax : 91-33-22890654E-mail : [email protected] : www.eepcindia.org

TERRITORIAL DIVISIONVandhna (4th Floor)11 Tolstoy MargNew Delhi 110 001Tel. : 91-11-23353353, 23711124/25Fax : 91-11-23310920E-mail : [email protected]

REGIONAL OFFICESChennaiM. GanesanRegional DirectorGreams Dugar (3rd Floor)149 Greams RoadChennai 600 006Tel. : 91-44-28295501, 28295502Fax : 91-44-28290495E-mail : [email protected]

KolkataMs. Anima PandeyRegional DirectorVanijya Bhavan (2nd Floor)International Trade Facilitation Centre1/1, Wood StreetKolkata 700 016Tel. : 91-33-22890673/74Fax : 91-33-22890687E-mail : [email protected]

MumbaiRajat SrivastavaRegional DirectorCentre 1, 12th FloorWorld Trade CentreCuffe Parade, Mumbai 400 005Tel. : 91-22-42125555Fax : 91-22-42125556/22180119E-mail : [email protected] [email protected]

New DelhiA. A. KazmiActing Regional DirectorSurya Kiran (4th Floor)19 Kasturba Gandhi MargNew Delhi 110 001Tel. : 91-11-23314171/74Fax : 91-11-23317795E-mail : [email protected]

SUB-REGIONAL OFFICES

BangaloreC. H. NadigerAsst. DirectorVinayaka Complex (2nd Floor)44/45, Residency Road CrossBangalore 560 025Tel. : 91-80-25581396/25588669Fax : 91-80-25586914E-mail : [email protected]

HyderabadJ. V. Raja Gopal RaoAsst. Director�Soham Mansion� (1st Floor)No. 5-4-187/3 & 4/4, M. G. RoadSecunderabad 500 003Tel. : 91-40-27536704Telefax : 91-40-27536705E-mail : [email protected]

JalandharOpinder SinghAsst. DirectorPlot Comm. 1, Focal PointJalandhar 144 004Tel. : 91-181-2602264Fax : 91-181-2601124E-mail : [email protected]

[email protected]

FOREIGN OFFICESSingaporeD. D. Roy, Resident DirectorNo. 3, Shenton Way#07-02 Shenton HouseSingapore 068805Tel. : 65-62279282/83Fax : 65-62279284E-mail : [email protected]

U.S.A.Rana Roy, Resident DirectorIndia Engineering Center1601 Feehanville Drive, Suite # 200Kensington Business CenterMount Prospect, IL, 60056, USATel. : 1-847-297-8500 (2 lines)Fax : 1-847-297-8502E-mail : [email protected] [email protected]

Published by Shri R. Maitra, Executive Director, Engineering Export Promotion CouncilVanijya Bhavan (1st Floor), ITFC, 1/1 Wood Street, Kolkata 700 016

Editor : Shri R. Maitra

Documents

WEEKLY NEWSLETTER VOL. 10 ISSUE NO. 37 SEPTEMBER 15, … · Engineering Export Info-Bulletin, Vol. 10, Issue No. 37, SEPTEMBER 15, 2008 3 Preamble In order to have its first-ever