Canada and the United Kingdom share a profound and positive relationship – one that is built on shared history and values, and strong economic and people-to-people ties.
Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, during a call with Elizabeth Truss, the United Kingdom’s Secretary of State for International Trade, announced that Canada is ratifying the Canada-United Kingdom (U.K.) Trade Continuity Agreement (TCA). This announcement follows the Royal Assent of Bill C-18: An Act to implement the Agreement on Trade Continuity between Canada and the United Kingdom of Great Britain and Northern Ireland in the House of Commons.
The Canada-U.K. TCA will provide Canadian exporters and businesses with continued preferential access to the U.K. market and 98% of Canadian products will continue to be exported to the UK tariff-free. The agreement provides much needed predictability and stability, and will support workers and businesses on both sides of the Atlantic. Canada and the U.K. are taking all necessary steps required to implement this agreement for April 1, 2021.
As the Canada-U.K. TCA is meant to be an interim measure, Canada and the U.K. look forward to engaging in future negotiations on a new, high-standard and ambitious free trade agreement that will best reflect the bilateral relationship and trade priorities.
In advance of this, Canada launched public consultations on March 12 to hear directly from Canadians on their priorities for the next phase of the Canada-U.K. trade relationship. These consultations will help define Canada’s priorities in future negotiations with the U.K., in the context of both a new, bilateral free trade agreement and the U.K. potentially joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
“Canada and the United Kingdom share a unique, and historic relationship. As we continue to address the pandemic, and look ahead, international trade will be essential to ensuring a strong, inclusive recovery that generates growth and creates good jobs and prosperity for Canadians. The Canada-U.K. Trade Continuity Agreement marks a new chapter in Canada-UK relations and provides stability for businesses and workers in both of our countries”
– Mary Ng, Minister of Small Business, Export Promotion and International Trade
The President of India, Shri Ram Nath Kovind had a telephonic conversation today (March 19, 2021) with H.E. Mr. Sebastian Piñera Echnique, the President of the Republic of Chile.
The President recalled his visit to Chile in 2019 and thanked President Piñera for the warm hospitality extended to him and his delegation during the visit. The two leaders discussed the follow up action to the visit and agreed to deepen bilateral relations post COVID-19 pandemic, including the 2nd expansion of India-Chile Preferential Trade Agreement. President Piñera expressed his continued wish to visit India.
Recognising the tremendous potential between India and Chile, especially in the trade and commerce sector, both sides resolved to maintain the momentum in bilateral relationship in diverse areas.
President Kovind also conveyed his best wishes for the health and well being of the people of Chile.
The COVID-19 outbreak has impacted us in more ways than one. It has altered the way we function. What appeared like a manageable situation in the beginning soon took a toll on everything, be it lifestyle, health, or the economy. The tremendous downfall led by the coronavirus pandemic is humongous. Within just a few weeks, there has been an unprecedented breakdown of the economic activities, disruption of the supply chain, and an increase in the unemployment rates. Although the situation is difficult to cope with, the authorities are doing all it can to tackle it effectively. In an effort to deal with the economic crisis, the honourable Prime Minister of India, Mr. Narendra Modi announced the ‘Atmanirbhar Package’ on May 12 wherein Rs. 20 lakh crore were allotted for enhancing liquidity without compromising on the national treasure.
The package was aimed at making India self-reliant in every aspect. Other reforms have also been introduced to make the agricultural ecosystem robust besides real-estate, tax, judiciary, etc. It also heavily stresses upon strengthening the ‘Make In India’ initiative for attracting huge investments.
Among the personalities who appreciated the initiate and boosted it further is Suhel Seth– a renowned columnist and managing partner of the consultancy firm Counselage. He believes that the ‘Make in India’ initiative is an amazing step, which when combined with the re-invention of the traditional brands is going to further boost the Indian economy in the post-COVID-19 times. He calls it a holistic approach to fight the crisis. These reforms are the weapons to undo the uncertainties concerning many business sectors including MSMEs and the cottage industries.
Suhel believes that this is a perfect formula for bringing economic balance as self-reliance will make the country identifiable in the extremely competitive global supply chain while the focus on demand will further boost corporate India. India has always found itself falling short on the demand side expectations. Therefore, the Make in India initiative will boost consumer consumption and local production.
The economy that had been crippled in the initial days of COVID-19 is recovering and the hope for revival lies in the fact that the losses would be recovered and the country will do its best to cope up with the situation.
Suhel Seth also appreciated Shkitkana Das, Governor, RBI for his efforts toward spreading knowledge for improving the economy. He also thinks that the government of India must pay more attention to sentiment-recalibration. He feels that stable times can be achieved by investing in understanding the dynamics of consumer consumption. This can be done when the change is embraced and the fear of uncertainty is accepted. When consumers and suppliers work in collaboration, the ‘Atmanirbhar’ Bharat is easier to achieve.
A comprehensive eye care program for the children studying in Government schools of T Narasipura Taluka, Mysore District.
A comprehensive eye care program for the children studying in Government schools of T Narasipura Taluk, Mysore District.
Spectacle distribution program was organized by the Education Department, T Narasipura Taluk, Government of Karnataka, Samadristhi, Jaya Foundation, SightRyt, and Essilor Vision Foundation. Through this program around 16,000 children studying in 225 Government Schools underwent free vision screening and 600 children identified with refractive error got spectacles at no cost.
Ashwin Kumar, MLA, T Narasipura, was speaking after distributing free spectacles to the school students at a program held at Guru Bhavan here. He said Vision is very important for children to excel in academics and hence, children should take care of their eyes,
The chief guest of the program, Mr. K Ullas Kamat, Founder of Jaya Foundation, asked the Children, Parents, and Teachers to contact the nearest eye care service providers to protect children’s vision against issues such as refractive error, infection, deficiencies, and other issues.
Chief Executive Officer of SightRyt, Shiva Kumar Janardhan, Siddharth Pai, Director SightRyt, Sumith Kumar, Essilor India, K.V.Mahesh, Board of Trustee- Essilor Vision Foundation, Block Education Officer Mariswamy, were present.
About Essilor Vision Foundation (EVF) India
Essilor Vision Foundation is the philanthropic arm of Essilor International, the world’s leading ophthalmic optics company. In order to help address the global issue of uncorrected poor vision that affects about 2.7 billion people around the world, Essilor Vision Foundation through a partnership with different state governments and other stakeholders promotes access to good vision through free screenings and the provision of corrective glasses to communities in need. https://india.essilorvisionfoundation.org/
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Major Market Players Covered In This Report:
Johnson Controls, GS Yuasa, Exide Technologies, Camel Group, Exide Industries, Sebang, Hitachi Chemical, Amara Raja, Atlas BX, Fengfan, East Penn, Ruiyu Battery, Chuanxi Storage, Banner Batteries, Nipress, Leoch, Yacht, Haijiu, Pinaco, Furukawa Battery, LCB, Tong Yong
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The specified segments and sub-sections of the market are explained below:
By Product Type:
Lithium Battery, Lead Battery
100 cc, 125 cc, 150 cc
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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