Indian delegation holds talks with key entities in UAE on IME Economic Corridor
Dubai (PTI): An inter-ministerial Indian delegation on the framework agreement on the India-Middle East-Europe Economic Corridor (IMEEC) has visited the UAE for the first time to hold discussions with the key entities there on cooperation for the empowerment and operation of the strategically vital project.
The visit, which took place within three months of signing the Agreement, reflects the importance both governments attach to the IMEEC project, a press statement by the Embassy of India, Abu Dhabi said.
The Corridor will provide effective alternate supply routes generating efficiencies and reducing costs. Both sides agreed to continue discussions for early implementation of the Agreement, it said.
"India Middle East Europe Corridor (IMEEC) takes shape with the 1st visit of an Indian Inter-Ministerial Delegation to the UAE for the India-UAE Intergovernmental Framework Agreement on IMEEC. Amb @sunjaysudhir led the discussions with key UAE entities like @DPWorldUAE, @ADPortsGroup @CUSTOMSUAE," the Indian mission posted on X.
The IMEEC will comprise two separate corridors, the east corridor connecting India to the Gulf and the northern corridor connecting the Gulf to Europe.
The corridor will provide a reliable and cost-effective cross-border ship-to-rail transit network to supplement existing maritime routes. It intends to increase efficiency, reduce costs, secure regional supply chains, increase trade accessibility, enhance economic cooperation, generate jobs and lower greenhouse gas emissions, resulting in a transformative integration of Asia, Europe and the Middle East (West Asia).
The IMEC corridor, which aims at integration of Asia, Europe and the Middle East involves multiple stakeholders and is at an incipient stage, the Ministry of External Affairs said in February this year.
The visit by the Indian delegation to hold meetings under the Framework Agreement between India and the United Arab Emirates (UAE) concerning cooperation for the empowerment and operation of the India-Middle East-Europe Economic Corridor (IMEEC) to the UAE took place from May 15 to 17, the statement said.
The Framework Agreement was signed between India and the UAE on February 13 in the presence of Prime Minister Narendra Modi and President of the UAE Mohammed bin Zayed Al Nahyan in Abu Dhabi.
The Agreement provides for cooperation towards developing the IMEEC and exploring potential joint investment and technical collaboration towards this objective.
The Indian delegation comprised senior officials from the Ministry of Shipping, Ports & Waterways, Ministry of Commerce and Industry, Central Board of Excise and Customs and Deendayal Upadhyay Port, Kandla. They visited Khalifa Port, Fujairah Port and Jebel Ali Port where they held detailed discussions with the respective Port authorities for facilitating the movement of goods between India and the UAE and beyond.
They also held meetings with UAE Customs Authorities.
India Middle East Europe Corridor (IMEEC) takes shape with the 1st visit of 🇮🇳n Inter-Ministerial Delegation to 🇦🇪 for 🇮🇳 🇦🇪 Intergovernmental Framework Agreement on IMEEC. Amb @sunjaysudhir led the discussions with key UAE entities like @DPWorldUAE @ADPortsGroup @CUSTOMSUAE. pic.twitter.com/njEjrQHdbS
— India in UAE (@IndembAbuDhabi) May 17, 2024
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Farmers in Chincholi demand better MSP, accuse sugar factory owners of not fulfilling assurance
Kalaburagi: Members of the Karnataka Prantha Raitha Sangha (KPRS) and the Taluk Raitha Hitarakshana Samiti protested outside the Siddasiri Ethanol Power Unit in Chincholi, demanding appropriate minimum support price (MSP) to sugarcane farmers in Chincholi.
Pointing out that it was decided at the meeting chaired by District In-charge Minister Priyank Kharge on November 15 to provide farmers an MSP of Rs 2,950 per tonne of sugarcane with an additional Rs 50 as support price from sugar factory owners, the protesting farmers also demanded that the decision be implemented.
“The Siddasiri sugar factory owner has violated the agreement by paying each farmer only Rs 2,550,” the farmers have alleged.
President of the KPRS Kalaburagi District Unit Sharanabasappa Mamashetti said, “When he opened the factory, legislator Basanagouda Patil Yatnal had assured that the factory would pay farmers in Kalaburagi an additional Rs 100, but has failed to live up to the word.”
The protesting farmers have demanded that the authorities concerned give priority to sugarcane farmers of Chincholi and Kalagi taluks to support the sugarcane crop. “Also, the factories should employ local youngsters and due measures should be taken to ensure the safety of the drivers of sugarcane transport vehicles,” they said.
They also handed their memorandum to Tahsildar Subbanna Jamakhandi and Power Ethanol Unit General Manager Dayananda Banagara.
The Tahsildar has assured that a meeting with the sugar factory owners would be held to discuss the issues raised by the farmers.
