{"id":44,"date":"2020-04-28T16:42:26","date_gmt":"2020-04-28T16:42:26","guid":{"rendered":"https:\/\/vessel-global.com\/?page_id=44"},"modified":"2020-06-10T07:28:08","modified_gmt":"2020-06-10T07:28:08","slug":"news","status":"publish","type":"page","link":"https:\/\/vessel-global.com\/news\/","title":{"rendered":"News"},"content":{"rendered":"
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News<\/em><\/h3>
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FM Nirmala Sitharaman announces reforms in eight key sectors<\/h3>
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The Economic Times of India<\/b><\/span><\/p>\r\n

FDI limit in defense production through automatic route has been increased to 74% from 49%, while private sector participation has been allowed in space exploration as part of structural reforms that were announced for a variety of sectors including mineral mining, civil aviation and atomic energy.<\/span><\/p><\/div>May 17, 2020<\/span>\/<\/span>by CBD<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a>

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FDI in defense production hiked: Boeing, Lockheed Martin can fly higher in India<\/h3>
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Financial Express<\/b><\/span><\/p>\r\n

In a significant move, India on Saturday decided to further free up its foreign direct investment (FDI) policy by allowing up to 74% FDI in the sensitive defense manufacturing sector through automatic route, paving the way for global majors like Boeing or Lockheed Martin to hold controlling stakes in potential joint ventures.<\/span><\/p><\/div>May 17, 2020<\/span>\/<\/span>by CBD<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a>

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The African Continental Free Trade Area Agreement and agricultural development: challenges and prospects<\/h3>
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Global Forum on Food Security and Nutrition \u2022 FSN Forum<\/b><\/span><\/p>\r\n

The African Continental Free Trade Area (AfCFTA) Agreement presents Africa with a unique opportunity to unleash its economic potential for inclusive growth and sustainable development. The agreement will create a single African market of more than a billion consumers with a combined GDP of U$2.5 trillion. <\/span><\/p><\/div>May 12, 2020<\/span>\/<\/span>by CBD<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a>

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ICC and WCO call for customs and trade facilitation action<\/h3>
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International Chamber of Commerce<\/b><\/span><\/p>\r\n

ICC and the World Customs Organization (WCO) have issued a joint statement calling for increased action on customs and trade facilitation to ensure an effective response to the COVID-19 pandemic. In a joint statement, issued today, ICC Secretary General John W.H. Denton AO and WCO Secretary General Kunio Mikuriya say effective trade facilitation \u2013 based on international standards \u2013 will play a central role in enabling business continuity and renewed economic growth.<\/span><\/p>\r\nRead More\r\n\r\n <\/div>May 10, 2020<\/span>\/<\/span>by CBD<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><\/div>