July 2014 Issue 22

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India, China sign three key MoUs on industrial parks

The MoU on industrial parks provides an enabling framework for Chinese companies to invest in industrial parks and zones. The MoU will ensure cooperation between Lal Bahadur Shastri National Academy of Administration, Mussoorie and China Executive Leadership Academy, Pudong, Shanghai. Read More

The United States and Singapore agreement on Tax Evasion

The US and Singapore have finalized their discussion on an agreement designed for tax information sharing regarding US citizens, permanent residents and entities. Intergovernmental Agreement (IGA) wants all Singapore based financial institutes to confirm and submit information to IRAS US Foreign Account Tax Compliance Act (FATCA). Read More

European Free Trade Association - Gulf States Foreign Trade Agreement Enters In Force

Five years after its ink, the free trade agreement (FTA) between the European Free Trade Association (EFTA) States – Liechtenstein, Iceland, Norway and Switzerland – and the Cooperation Council for the Arab States of the Gulf (GCC), comprising Bahrain, Oman, Kuwait , Saudi Arabia, Qatar and the United Arab Emirates, became into operation. Read More

Ethiopia to expand economic ties with UAE

Mulatu Teshome , Ethiopian President has expressed his interest to welcome more UAE investors to his country’s markets and to elaborate economic relations with UAE. He met with a delegation from UAE’s Majid Al Futtaim Group, retail and leisure major in the Middle East and North Africa (Mena), in the presence of Yousuf Eisa Al Saberi, UAE Ambassador to Ethiopia and Permanent Representative to the African Union. Read More

U.A.E.'s Jebel Ali voted Best Seaport in Middle East for 20th year

Asian Freight and Supply Chain Awards, AFSCA is an Asia's longest-running awards event established in 1987. The AFSCA includes sea and air ports, air cargo and container awards and the best green service provider’s awards. AFSCA announced Jebel Ali Port has been voted the "Best Seaport - Middle East" for the 20th time. Read More

Treaty Updates

Please find here the treaty updates for the month of July 2014. Read More

Intuit Research Team

Intuit Management Consultancy

India Tel: +91 9840708181 Fax: +91 44 42034149 Dubai Tel: +971 55 5542384 Fax: +971 4 3709307 Email: newsletter@intuitconsultancy.com www.intuitconsultancy.com

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