UT Khader to deliver keynote address at Bahrain India Society’s exclusive business networking event
Indian Ambassador to Bahrain Vinod Jacob to be Chief Guest of event
Manama, Bahrain: The Bahrain India Society (BIS) is set to host an exclusive business networking event featuring U T Khader, Speaker of the Karnataka Legislative Assembly, as the keynote speaker and Guest of Honour. The event, scheduled for December 21, 2023, at the Grand Ambassador Ballroom, The Diplomat Radisson Blu Hotel, Manama, Bahrain, will also witness the presence of H.E. Vinod Jacob, the Indian Ambassador to Bahrain, as the Chief Guest.
U T Khader, who has previously served as the Minister for Health and Family Welfare, Minister for Food, Civil Supplies and Consumer Affairs, and Minister for Urban Development and Housing for Karnataka, will deliver keynote address on the "Future of India-Bahrain Business Relations."
Mohammad Mansoor, Board Member of Bahrain India Society, expressed enthusiasm about the event, stating, “We are thrilled to be facilitating this significant event that brings together the vibrant business communities of India and Bahrain. This networking event marks a significant step in strengthening economic ties and fostering deeper collaboration, especially with the state of Karnataka."
Mohammad Mansoor, Board Member, of Bahrain India Society
Mansoor added, "Our vision is to create a platform where entrepreneurs, investors, and industry leaders can connect, share their expertise, and explore new avenues of mutual cooperation. We believe that by fostering dialogue and collaboration, we can unlock immense potential for economic growth and prosperity for both India and Bahrain."
“The event aims to provide a conducive environment for fostering valuable partnerships, joint ventures, and investment opportunities across diverse sectors. Entrepreneurs, investors, and industry leaders from both nations are invited to participate in this dynamic event, promoting dialogue and collaboration for mutual economic growth and prosperity,” a press statement from the organisers stated.
For registration and further details, interested parties can contact Ms. Reem at 38311166 or email BIS at admin@bahindsociety.org.
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Trump says EU has until July 4 to approve last year's trade deal or it will face higher tariffs
Washington (AP): President Donald Trump has said in a social media post that goods from the European Union would face higher tariff rates if the 27-member bloc fails to approve last year's trade framework by July 4.
The announcement on Thursday appeared to be a deadline extension after the president said last Friday that EU autos would face a higher 25 per cent tariff starting this week. Trump made the updated announcement after what he described as a "great call" with European Commission President Ursula von der Leyen.
Still, the US president was displeased that the European Parliament had yet to finalize the trade arrangement reached last year, which was further complicated in February by the US Supreme Court ruling that Trump lacked the legal authority to declare an economic emergency to impose the initial tariffs used to pressure the EU into talks.
"A promise was made that the EU would deliver their side of the Deal and, as per Agreement, cut their Tariffs to ZERO!" Trump posted. "I agreed to give her until our Country's 250th Birthday or, unfortunately, their Tariffs would immediately jump to much higher levels."
It was unclear from the post whether Trump was implying that the tariff rates would jump on all EU goods or the increase would only apply to autos.
His latest statement indicates he might be backing away from his earlier threat on EU autos by giving the European Parliament several more weeks to approve the agreement.
Under the original terms of the framework, the US would charge a 15 per cent tax on most goods imported from the EU.
But since the Supreme Court ruling, the administration has levied a 10 per cent tariff while investigating trade imbalances and national security issues, aiming to put in new tariffs to make up for lost revenues.
