RBI Signs MoU with Regulators of other countries to promote greater co-operation and sharing of supervisory information

The Reserve Bank of India, last fortnight, signed three Memoranda of Understanding with Reserve Bank of Fiji (RBF), National Bank of Belgium (NBB) and Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht BaFin), Germany. The Reserve Bank has been signing the Memorandum of Understanding (MoU) with regulators of other countries to promote greater co-operation and sharing… Read More

Tags: BrusselsFederal Financial Supervisory AuthorityLuc CoeneMemorandum of understandingNational Bank of BelgiumReserve Bank of FijiReserve Bank of IndiaSuva

MoC calls for conclusion to Broad based Trade and Investment Agreement with the European Union

The Union Minister of Commerce Industry and Textiles Shri Anand Sharma has called for a nearly conclusion of ongoing negotiations for Broad based Trade and Investment agreement (BTIA) between India and European Union. In a meeting with Mr Hugo Swire MP, British Minister of State, Foreign and Commonwealth, here today, Shri Sharma said that offer… Read More

Tags: Anand SharmaBroad-Based Black Economic EmpowermentBrusselsCabinet of IndiaEuropean UnionIndiaShri SharmaUnited States

Current Status of Indo-EU Free Trade Agreement Talks

The Government of India is negotiating a bilateral Broad Based Trade and Investment Agreement (BTIA) with the European Union (EU) and negotiations were launched in Brussels on 28-29 June, 2007 based on the recommendations of the High Level Trade Group at the 7th India-EU Summit in October, 2006 in Helsinki. Negotiations across a number of… Read More

Tags: BrusselsEuropean UnionFree Trade AgreementGovernmentGovernment ProcurementIndiaInformation Technology Act 2000Ministry of Commerce & IndustryTechnical Barriers to TradeTrade Facilitation

Even on the termination of the agreement/contract, the arbitration agreement would still survive

CLR Editorial Note: The main issue in dispute in the present case was whether disputes that have arisen in relation to the termination of the MOU and the consequences thereof, are covered by the arbitration clause in the MOU which clearly provides for resolution of disputes through arbitration. The Supreme Court has held that since the… Read More

Tags: Arbitral tribunalArbitrationArbitration clauseBangaloreBrusselsCase LawsPetitionerSeptember 2009Supreme Court

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