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1st G20 Trade and Investment Working Group (TIWG) meeting in Mumbai to accelerate Global Trade
NEW DELHI - The 1st TIWG meeting under India’s G20PresidencyisscheduledinMumbai,fromMarch28th30th, 2023. During this three-day Meeting, over 100 delegates from G20 member countries, invitee countries, regional groupings and international organisations will engage in deliberations to accelerate global trade and investments.
On the first day, a seminar on ‘Trade Finance’ will be held at the Ballroom, Taj Lands’ End, Mumbai. The role of banks, financial institutions, development finance institutions and export credit agencies in closing the trade finance gap, and how digitalisation and fintech solutions can improve access to trade finance, will be discussed through two panel discussions. It will be followed by a guidedtourofBharatDiamondBourse.
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On 29th March, 2023, the TIWG Meeting will be inaugurated by Hon’ble Commerce & Industry Minister of India.
Subsequently, in the two working sessions, the TIWG priority issues focussed on making trade work for growth and prosperity, and building resilient Global Value Chains (GVCs) will be discussed. The emphasis will be on achieving shared outcomes for making growth inclusive and resilient, increasing the participation of developing countries and the Global South in GVCs, making GVCs work for inclusive development and building resilient GVCstowithstandfutureshocks.
On the concluding day, the TIWG priorities on integrating MSMEs in Global Trade, and building efficient logistics for trade will be discussed across two working sessions. The Presidency will aim to carry forward the work done by past G20 Presidencies to better integrate MSMEs into global trade considering their primacy in sustaining livelihoods in both the developed and developing countries. The ways of developing robust logisticsinfrastructurethatcouldreducetransactioncosts both across borders and in the hinterlands will also be deliberatedbytheG20delegates.
Centre intervention against substandard items led to 67% decline in imports of Toys
NEW DELHI : The Government has taken proactive steps to restrict import of sub-standard and unsafe toys and to promote domestic toy industry. A Quality Control Order for Toys was issued on 25/02/2020, through which toys have been brought under compulsory certification from Bureau of Indian Standards (BIS) with effect from 0101-2021. As per the Order, every toy in the market must conform to the requirements of relevant Indian Standard and bear the Standard Mark under a license from BIS as per Scheme-I of BIS (Conformity Assessment) Regulations, 2018. This order is applicable to domestic manufacturers as well as foreign manufacturers who intend to export their toys to India. After implementation of QCO for the toys, Search and Seizures were conducted by BIS and 41,106 quantity was seized till 16.03.2023 across the country including major airports, ports and shopping malls.
Till date, BIS has granted 1,114 licenses to domestic toy manufacturing units and 35 licenses to foreign toy manufacturing units. The sanction of BIS certification for the products is an ongoing process and the license is being granted by BIS after following due procedure within the prescribedtime.
As a result of various steps taken by the Government, the volume of import of toys into the Indian market has shown a consistently decreasing trend. The import of Toys (HSN Codes 9503, 9504, 9505) to India has decreased from USD 332.55 million in 201415 to USD 109.72 million in 2021-22, a decrease of approximately 67%.
m.v. “LOTUS A” V-0FF8AE1MA
The above vessel is arriving at MUNDRA PORT on 30-03-2023 with Import Cargo in containers.
Consignees are requested to obtain DELIVERY ORDERS from our office address given below on presentation of ORIGINAL BILLS OF LADING, duly discharged and on payment of applicable charges.
Consignees are requested to note that the carrier and or agents are not bound to send further individual notification regarding the arrival of the cargo vessel or their goods.
As Agents :
STAR SHIPPING SERVICES (INDIA) PVT. LTD.
First Floor, Plot No.86, Sector 1A, Near Quality Enterprises Hero Showroom, Gandhidham - Kutch, Gujarat - 370201
Tel: (0091-2836) 229543 235282 235283 235383, Fax: (0091-2836) 230433
Export Marketing Queries: Mr. Parmar Devendra - 9824413365, E-mail: parmar.devendra@zim.com
Mr. Trinath Pal 9824504315 Email:pal.trinath@zim.com
Import Marketing Queries : Mr. Mitesh Rajgor - 02836-235282,229543 E-mail: imp@starship-knd.zim.com
Notice To Consignees
The
Services
Consignees are requested to obtain DELIVERY ORDERS from our office address given below on presentation of ORIGINAL BILLS OF LADING, duly discharged and on payment of applicable charges.
Consignees are requested to note that the carrier and or agents are not bound to send further individual notification regarding the arrival of the cargo vessel or their goods.
Zim Integrated Shipping Services
m.v. “VARADA” V-0062
The above vessel is arriving at MUNDRA PORT on 29-03-2023 with Import Cargo in containers.
Consignees are requested to obtain DELIVERY ORDERS from our office address given below on presentation of ORIGINAL BILLS OF LADING, duly discharged and on payment of applicable charges.
Consignees are requested to note that the carrier and or agents are not bound to send further individual notification regarding the arrival of the cargo vessel or their goods.
As Agents :
ZIM INTEGRATED SHIPPING SERVICES (INDIA) PVT. LTD.
First Floor, Plot No.86, Sector 1A, Near Quality Enterprises Hero Showroom, Gandhidham - Kutch, Gujarat - 370201
Tel: (0091-2836) 229543 235282 235283 235383, Fax: (0091-2836) 230433
Export Marketing Queries: Mr. Parmar Devendra - 9824413365, E-mail: parmar.devendra@zim.com
Mr. Trinath Pal 9824504315 Email:pal.trinath@zim.com
Import Marketing Queries : Mr. Mitesh Rajgor - 02836-235282,229543 E-mail: imp@starship-knd.zim.com
“OOCL LUXEMBOURG” V-101E
The
Consignees are requested to obtain DELIVERY ORDERS from our office address given below on presentation of ORIGINAL BILLS OF LADING, duly discharged and on payment of applicable charges.
Consignees are requested to note that the carrier and or agents are not bound to send further individual notification regarding the arrival of the cargo vessel or their goods.
As Agents :
Zim Integrated Shipping Services
m.v. “SYNERGY OAKLAND” V-12E
The above vessel is arriving at MUNDRA PORT on 31-03-2023 with Import Cargo in containers.
Consignees are requested to obtain DELIVERY ORDERS from our office address given below on presentation of ORIGINAL BILLS OF LADING, duly discharged and on payment of applicable charges.
Consignees are requested to note that the carrier and or agents are not bound to send further individual notification regarding the arrival of the cargo vessel or their goods.
As Agents :
ZIM INTEGRATED SHIPPING SERVICES (INDIA) PVT. LTD.
First Floor, Plot No.86, Sector 1A, Near Quality Enterprises Hero Showroom, Gandhidham - Kutch, Gujarat - 370201
Tel: (0091-2836) 229543 235282 235283 235383, Fax: (0091-2836) 230433
Export Marketing Queries: Mr. Parmar Devendra - 9824413365, E-mail: parmar.devendra@zim.com Mr. Trinath Pal 9824504315 Email:pal.trinath@zim.com
Import Marketing Queries : Mr. Mitesh Rajgor - 02836-235282,229543 E-mail: imp@starship-knd.zim.com
Notice To Consignees
“SYNERGY OAKLAND” V-12E
The above vessel is arriving at MUNDRA PORT on 31-03-2023 with Import Cargo in containers.
Consignees are requested to obtain DELIVERY ORDERS from our office address given below on presentation of ORIGINAL BILLS OF LADING, duly discharged and on payment of applicable charges.
Consignees are requested to note that the carrier and or agents are not bound to send further individual notification regarding the arrival of the cargo vessel or their goods.
As Agents :
