EEPC INDIA :: Info Bulletin

Mr. B D Agarwal, Regional Chairman, EEPC India (ER) giving welcome address at Session on NSE Emerge : "Gateway for Equity fund raising on India’s Largest Exchange" held on 21st June, 2018 in Kolkata. On his right Mr. Tojo Banerjee, Vice President, National Stock Exchange (NSE), Kolkata; Mr. Dipan Mitra, Manager-Business Development, NSE, Kolkata; Mr. G K Madhogaria, Dy. Regional Chairman, EEPC India (ER) and on his left Mr. L P Gupta, Dy. Regional Chairman, EEPC India (ER); Mrs. Anima Pandey, Regional Director (ER) & Director (Membership), EEPC India
Mr. Tojo Banerjee, Vice President, National Stock Exchange (NSE) addressing the gatherings on the knowhow of IPO Listing at Session on NSE Emerge : "Gateway for Equity fund raising on India’s Largest Exchange" held on 21st June, 2018 in Kolkata
Mr. Dipan Mitra, Manager-Business Development, NSE, Kolkata giving presentation on how the SMEs across India can enlist its Equity on the Stock Exchange at Session on NSE Emerge : "Gateway for Equity fund raising on India’s Largest Exchange" held on 21st June, 2018 in Kolkata
Mr. J V Raja Gopal Rao, Sr. Deputy Director, EEPC India, Bengaluru welcoming the gathering at Session on "Business Opportunities in Philippines and Colombia" held on 22nd June, 2018 in Bengaluru
Session on "Business Opportunities in Philippines and Colombia" held on 22nd June, 2018 in Bengaluru. Mr. C H Nadiger, Regional Director, EEPC India (SR) making a detailed presentation on INDEE Philippines and Colombia
EEPC India booth visited by Mr. C. R. Chaudhary, Hon`ble Minister of State of Commerce & Industry, Govt. of India. Mr. Rakesh Suraj, Regional Director, EEPC India (NR) present at 5th India International MSME & Start Up Expo 2018 & Laghu Udyog Vyapar Mela on 22-24 June, 2018 in Pragati Maidan, New Delhi
EEPC India booth visited by Mr. C. R. Chaudhary, Hon`ble Minister of State of Commerce & Industry, Govt. of India. Mr. Rakesh Suraj, Regional Director, EEPC India (NR) present at 5th India International MSME & Start Up Expo 2018 & Laghu Udyog Vyapar Mela on 22-24 June, 2018 in Pragati Maidan, New Delhi

My dear fellow exporters,

India is keen to resolve the existing trade issues with the USA, its biggest trade partner. After three rounds of discussions between both the sides in New Delhi, India revealed its intention to withdraw the notification to levy additional duties on 29 US products from August 4, if the tariff differences could be resolved before that date.

Trade differences between India and the USA started in Mar 2018 when the US President decided to increase tariff on steel and aluminium import from almost all nations including India. Moreover, United States challenged the existence of India`s export subsidy scheme and also raised question on the rationale for providing duty free access for selected Indian products in the US market under the Generalized System of Preference (GSP).

Apart from issuing the aforesaid notification, India in turn demanded exemption from hike in import duty on steel and aluminium, withdrawal of US notification on Indian subsidy programme and resumption of export benefits provided under GSP saying that it helped Indian Small and Medium Enterprises to a large extent. US is also pressing India for greater market access of US agriculture and manufacturing products and withdrawal of the notification to levy additional duties on 29 US products.

It is a good news that both the nations are hopeful in resolving these issues and planned to follow a two-track approach for this purpose. The first is to resolve immediate concerns in the short to medium term and then to exploit the bilateral trade potential in the long run. A White Paper is mutually decided to be prepared for discussion at a meeting next month on the issues to be resolved over six months to 3-4 years.

Ravi Sehgal

France
(Source : Embassy of India, Paris)

Significant Trends in trade and investment

Trade – In Jan-Apr 2018, India France bilateral trade stood at € 3.46 billion (-0.15%) as compared to the corresponding period the previous year. India’s exports to France increased by 10.85% during this period with a rise in exports of following top 10 category products: mineral fuels & oils (124.06%); nuclear reactors, boilers, machinery and mechanical appliances (16.19%); footwear (9.69%) & knitted or crocheted articles of apparel & clothing accessories (2.27%). However there was a drop in exports of organic chemicals (-6.34%) automobiles and parts (-25.24%); & electrical machinery (-18.73%) & articles of leather (-12.29%).

Meanwhile, French exports to India decreased by 13.4% during the same period: Exports of following top 10 ranked products increased: nuclear reactors, boilers, machinery & mechanical appliances (1.39%); optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus & parts thereof (38.68%); miscellaneous chemical products (1.38%); pharmaceutical products (4.25%); plastics and articles thereof (9.22%) & articles of iron & steel (41.39%). However, exports of following products decreased: electrical machinery & equipment (-27.92%); aircraft & spacecraft (-32.8%); organic chemicals (-9.55%) & iron & steel (-1.85%).

Investment – According to the ‘Business France Annual Report 2017’, a public operator supporting French investors in India and Indian investors in France, there are over 150 Indian companies operating in France (including sub-subsidiaries), employing around 7,000 people. Nineteen investments from India were recorded in 2017 (+73%), creating or maintaining 284 jobs (+66%). Indian projects often involved decision-making centres (42% of projects), including a global/European headquarters, and production/manufacturing operations (32%). Investments were mainly made in the software and IT services sector (26% of projects and 52% of jobs generated) and chemicals/plastics industry (21% of projects, 23% of jobs), while location-wise, Indian companies invested primarily in the Paris Region (Ile-de-France) (26% of projects), Nouvelle-Aquitaine (16%), Bourgogne-Franche-Comté (16%) and Hauts-de-France (16%).

Kurdistan Region of Iraq
(Source : Consulate General of India, Erbil)

In a meeting between new Consul General of India in Erbil, Mr. Chandramouli K. Kern and the President of Kurdistan Federation of Chamber of Comerce & Industry (KFCCI) Mr. Dara Jail al-Khayat on 15th May, 2018, avenues to strengthen trade relations and building ties between India and Kurdistan Chambers were discussed. Discussions on capacity-building training programmes for Kurdistan enterpreneurs and professionals in India were also held during the meeting. KFCCI President sought participation in Indian companies in possible future joint vendures with Kurdish investors in heal the pharmaceutical sector in the Kurdistan Region.

Peru
(Source : Embassy of India Lima)

FTA with India: SNI asks review negotiation for unfair practice (El Comercio: 27/06/2018) -In response to the US complaint to the World Trade Organization (WTO) for unfair competition from the government of India, the National Society of Industries (SNI) called on the Peruvian government to review the negotiation of the Free Trade Agreement (FTA) with India until the scope of the complaint is clarified. "It is not convenient for Peru`s interests to negotiate FTAs with countries whose trade policies are being questioned at the multilateral level, and as it has been warned on several occasions, harm the national industry and the jobs generated by this activity" said the president of the SNI, Ricardo Márquez. The head of the industrial association suggested that Peru participate in this process in the WTO against India, as an observer, to have information about the programs applied by that country, and its consequences for global trade.

Thailand
(Source : Embassy of India, Bangkok)

SoftBank plans $60-100 bn investment in solar in India
The Nation 16.06.2018

Japan`s SoftBank is planning to invest between $60-100 billion in a solar power project in India, a Japanese report said Friday, as the firm looks to expand its interests into various sectors. The report by public broadcaster NHK comes after SoftBank announced in March it would partner Saudi Arabia on a multi-billion dollar solar project that the company`s founder called the largest in the world. NHK said the massive investment in India would be funded jointly by SoftBank and Saudi Arabia, which have already partnered to create the Vision Fund investment vehicle. A spokesman for SoftBank declined to comment on the report. NHK said the deal would likely be announced by SoftBank and the Indian government after details were finalized, without giving a timeline. Under CEO Masayoshi Son, SoftBank, which started as a software firm, has increasingly been seen as an investment firm, ploughing funds into a broad range of companies and projects outside its core business. In recent years it has completed deals with the likes of French robotics firm Aldebaran and e-commerce Chinese giant Alibaba.

India Joins China, Europe in Hitting Back at Trump on Trade
Bangkok Post 22.06.2018

India raised tariffs on a slew of items in retaliation to U.S. imposing higher levies on some products shipped from the South Asian nation, a move that echoes steps taken by China and the European Union. The import duty on chickpeas and Bengal gram, or chana, has been to 70 percent and will be effective from Aug. 4, the ministry of finance said in a notification dated June 20. The tariffs have also been raised on other items including walnuts, almonds, boric acid, apples, diagnostic reagents and some hot-rolled coil products. Prime Minister Narendra Modi’s administration’s tit-for-tat move comes amid a trade war between the U.S. and its key trading partners. President Donald Trump on Monday ordered identification of $200 billion in Chinese imports for additional tariffs of 10 percent -- with another $200 billion after that if Beijing retaliates. He’s already promised to place tariffs of 25 percent on $50 billion, starting July 6 with an initial $34 billion worth of imports. China on Thursday said it is “fully prepared” to respond to any new list of U.S. tariffs.

Bangladesh

(EEPC Ref. No. DB-2184)

Project	Third Urban Governance and Infrastructure Improvement (Sector) Project (UGIIP-III) Loan No. : 3550-BAN Financing from ADB
DB Ref. No.	ADB484-06/18
Issued by	Project Director Third Urban Governance and Infrastructure Improvement (Sector) Project Local Government Engineering Department (LGED) Level-12, LGED Bhaban, Agargaon, Sher-e-Bangla Nagar Dhaka-1207, Bangladesh Tel. : + (88)-02-8181208/9143993 Fax : + (88)-02-8156451 E-mail : pd.ugiip3@gmail.com pd.ugiip3@lged.gov.bd
Bid No.	UGIIP-III-2/AF/LGED/ICB/G-23/2017
For	Procurement of 07 (Seven) Nos. Excavator.
Tender cost	Non-refundable fee BDT 6,000.00 or US$ 75.00. The method of payment will be either in pay order/Treasury Chalan/Bank Draft or demand draft in favour of the “Project Director, Third Urban Governance and Infrastructure Improvement (Sector) Project (UGIIP-III), Local Government Engineering Department, Dhaka, Bangladesh.” The Bidding Document may also be sent by air mail for overseas delivery and surface mail or courier for an additional fee of BDT 100.00 (Local delivery) or US$ 100.00 (Overseas delivery). No liability will be accepted for loss or late delivery.
Bid deadline	*13.08.2018*

Georgia

(EEPC Ref. No. DB-2186)

Project	Urban Services Improvement Investment Program - Tranche 6 Loan No. : 3441-GEO Financing from ADB
DB Ref. No.	ADB474-06/18
Issued by	“United Water Supply Company of Georgia” LLC 76b, Vazha-Pshavela Avenue 0186 Tbilisi, Georgia Attn. : Ia Mazanishvili and/or Mariam Nakashidze Tel. : (995 32) 291 90 60 Fax : (995 32) 22 00 36 E-mail : i.mazanishvili@water.gov.ge; m.nakashidze@water.gov.ge
Bid No.	UWSCG-OCB-MAR-01-2018
For	Construction of Water Supply and Sewerage Systems in Marneuli and Sewerage System and Collector in Bolnisi.
Tender cost	Non-refundable fee of : - GEL 250 (or 100 US$) for receiving it via pick up at the UWSCG office between 10:00 to 17:00 hours, or 500 Georgian Lari; or - US$ 200 for receiving the bidding documents by courier. No liability will be accepted for the loss or late delivery. Payment can be made either by cash or electronic transfer to the following account : United Water Supply Company of Georgia LLC JSC Liberty Bank, Central Branch Swift Code : LBRTGE22 GE67LB0113123325230095 GEL GE40LB0113123325230096 US$
Bid deadline	*06.08.2018*
Source	UN Development Business Website

Kuwait

(EEPC Ref. No. MEED-2273)

Tender No.	RFQ-2050116
Tender for	Ball valves
Tender details	Supply of 20-inch X150 class ball valves.
Bid bond	KD 2,500
Cost of tender documents	KD 150
Closing date	*24.09.2018*
Issued by	Kuwait Oil Company P. O. Box 9758 Ahmadi 61008, Kuwait Tel. : (965) 23989111 Fax : (965) 23983661 E-mail : kocinfo@kockw.com Website : www.kockw.com

United Arab Emirates

(EEPC Ref. No. MEED-2275)

Tender No.	RFX-2051800083
Tender for	Power cables
Tender details	Supply of low-voltage power cables.
Bid bond	5 per cent of tender price
Cost of tender documents	AED 3,150
Closing date	*22.07.2018*
Issued by	Dubai Electricity & Water Authority Office of the Contracts Manager Zabeel East, P. O. Box 564 Dubai, UAE Tel. : (9714) 3244444 Fax : (9714) 3248111 E-mail : contracts@dewa.gov.ae Website : www.dewa.gov.ae
Source	MEED.com website

Bangladesh

(EEPC Ref. No. TN-04)

Issued by	Ashuganj Power Station Company Ltd. (APSCL) (An Enterprise of Bangladesh Power Development Board) Ashuganj, Brahmanbaria 3402, Bangladesh Attn. : Md. Rafiquddaulla, Manager (Procurement) Tel. : +88 08528-74033 Fax : +88-08528-74014/74044 E-mail : apscl@apscl.com; apsclbd@yahoo.com Website : www.apscl.com
Tender No.	GRF-009
For	Supply, installation, testing & commissioning of 75 MVAR, 132 KV on load power variation shunt reactor for APSCL.
Tender cost	BD Taka 3,000.00 (Three Thousand) in the form of Pay Order/DD in favour of APSCL, Ashuganj, Brahmanbaria from any schedule Bank of Bangladesh (Non-refundable).
Tender security	BDT 23,00,000.00 or US$ 27,600.00.
Tender last selling date	14.08.2018 during office hours
Closing date	*16.08.2018 at 12.00 BST*
For further details, please contact	Mr. B. M. Julfikar Ali Marketing Assistant Commercial Wing High Commission of India Dhaka, Bangladesh Tel.: 02-55067302 E-mail : trade@hcidhaka.gov.in Website : http://www.hcidhaka.gov.in
Source	High Commission of India, Dhaka

Steel Market Current Report

Mandi Gobindgarh
Open Market Rates of Rerollables (June 30, 2018)

(Exclusive of GST) (Trade Terms 1% Cash Discount)

(Rate Rs. per Tonne)

Ingot
Arc/Ind. Furnace
Round quality (21x25)	38,000
Structural quality (28x30)	38,000
Low carbon (12x16)	-
Semi low carbon (18x21)	38,300
5x6 Girder quality (25x30)	-
Runners/Risers	38,300
Bones/Clean	-

Billets & Squares
50x50x63x63x65x65 mm MS	-
75x75x80x80x90x90 mm MS	38,000
100x100 mm MS	38,300
125x125 mm MS/ Concast	-
100x100 mm Concast-Billets	38,300
100x100 Concast-SAIL DSP	38,300
H.C. Billet SAIL 150x150 mm)	-
H.C. Billet-Tisco 75x75 mm)	-

Blooms
Above 251 mm Bloom (HC)	37,900
Above 251 mm Bloom (MS)	37,900
(DSP) Bloom 160x250 mm	38,000
130/135/140 mm (Tisco) MS	-
150x150 mm Concast (DSP)	38,000
150x150 mm MS (SAIL)	38,000
Bloom Cut into pcs. (MS)	38,100
Bloom Cut into pcs. (Medium)	37,900
Bloom Cut into (Patra Pass)	38,000

Slabs
Durgapur Slabs 14"x3"	-
Durgapur Slabs	-
Bokaro Slab Heavy	-
Tata Concast Slab (Heavy)	-
Skelp Tisco	-

Rails
Untested Rail - 75 lbs.	27,500
Untested Rail - 90 lbs.	27,400
Untested Rail - 105 lbs.	27,700
Rej. Wheel (Big)	-
Rej. Wheel (Small)	28,100
Cut Tyre (Big)	33,400
Cut Tyre (Small)	28,000

Melting Scrap (F.O.R.)
Fresh Scrap (Rolling Mill End)	31,000
Old Scrap (Godown)	26,900
Turning	26,300
Tin Tapper	27,800
Sponge Iron	27,300

Pig Iron (F.O.R.)
Foundry Grade	35,500
Steel Grade	34,300
C.I. Turning	20,800
Degi Scrap	28,800
Deg Casting	38,600
Ingot Moulds (Old)	29,100
Ingot Moulds (New)	39,200
Cut Ingot Moulds	26,700

Open Market Rates of Finished Goods (June 30, 2018)
(Inclusive of GST)

(Rate per Qntl.)

M. S. Rounds	4 mm	5 mm	6 mm	8 mm	10 mm	12 mm	16/20 mm	22/25 mm
Mild	4830	4810	4820	4840	4810	4810	4920	5020
Zindi Pass (Drawing)	-	-	-	4850	4840	4510	4950	5040

Above rates of 6 mm rounds are of length up to 14’ Above 18’ = 4820

Heavy Rounds	28 to 53 mm	63 to 100 mm	110 to 125 mm	140 to 150 mm	165 mm	180 mm	200 mm
Mild	4910	4950	4960	4970	4970	4990	5030

M. S. Squares	4 mm	5 mm	6 mm	8 mm	10 mm	12 mm	16/20 mm	22/25 mm
Mild	5010	5010	4980	5040	5040	5050	5030	4970

M. S. Angles	20 mm	25 mm	32 mm	40 mm	50 mm	65 mm	75 mm	100 mm	110 mm	150 mm	200 mm
3 mm	4720	4700	4710	4800	4900	4890	-	-	-	-	-
5 mm	–	4660	4660	4800	4900	4890	4900	4900	-	-	-
6 mm	–	4740	4740	4800	4900	4890	4900	4900	-	-	-
8 mm	-	-	-	4770	4870	4870	4870	4870	-	-	-
10 mm	–	-	-	4770	4870	4870	4870	4940	4940	-	-
12 mm	–	-	-	4770	4870	4870	4870	4940	-	4970	-
16 mm	–	-	-	4770	4870	4870	4870	4940	-	-	-

M. S. Flats	20 mm	25 mm	32 mm	40 mm	50 mm	65 mm	75 mm	100 mm
3 mm	4750	4750	4750	4790	4900	5000	-	-
5 mm	4750	4750	4750	4750	4900	4990	4990	4990
6 mm	4750	4750	4750	4750	4900	4990	4990	4990
8 mm	-	-	4630	4750	4850	4950	4960	4960
10 mm	-	-	4630	4750	4850	4950	4960	4960
12/25 mm	-	-	4630	4750	4850	4950	4960	4960
18/19 Gauge	4710	4690	4840	4750	4850	4950	4960	4960

[Prices at other stockyards may vary] Source : Steel Town (Weekly), June 30, 2018]

Tender No.	PAHW/M/1158-2018/2019
Tender for	Infrastructure, roads and substations
Tender details	Construction, completion and maintenance of infrastructure, main roads and electrical substations for a low-cost housing project.
Bid bond	KD 1m
Cost of tender documents	KD 10,000
Miscellaneous	Queries must be received by 12 July. Open to prequalified contractors only.
Closing date	*05.08.2018*
Issued by	Public Authority for Housing Welfare Documents & Contracts Office P. O. Box 23385 Southern Surra, Kuwait Tel. : (965) 5301000 Fax : (965) 5387464 Website : www.housing.gov.kw

H.O. (Cell)	REGISTERED & HEAD OFFICE
Suranjan Gupta Executive Director EEPC INDIA Vandhna (4th Floor) 11 Tolstoy Marg New Delhi 110 001 Tel.: 91-11-23353353, 23711124/25 Fax : 91-11-23310920 E-mail : eepcto@eepcindia.net URL : www.eepcindia.org	Adhip Mitra Addl. Executive Director & Secretary EEPC INDIA Vanijya Bhavan (1st Floor) International Trade Facilitation Centre 1/1 Wood Street, Kolkata 700 016 Tel.: 91-33-22890651/52/53 Fax : 91-33-22890654 E-mail : eepcho@eepcindia.net URL : www.eepcindia.org

Contents

From Chairman’s Pen

OVERSEAS SECTION

Global Business Opportunities

DOMESTIC SECTION

Highlights

Overseas Information

OVERSEAS MARKET INFORMATION

TENDER INFORMATION

Domestic Information

PUBLIC NOTICE

STEEL PRICES

Steel Market Current Report

EEPC INDIA OFFICE BEARERS

REGIONAL CHAIRMEN / CHAIRPERSON

EEPC INDIA OFFICES

REGIONAL OFFICES

SUB-REGIONAL OFFICE

Project	Weather and Climate Services Regional Project Loan/Credit No. : IDA-58370 Project ID No. : P150220
DB Ref. No.	WB5572-06/18
Issued by	Bangladesh Weather and Climate Services Regional Project (Component-A) Bangladesh Meteorological Department Meteorological Complex Agargaon, Dhaka-1207, Bangladesh Attn. : Ahmed Arif Rashid, Project Director Tel. : +880 2 48110705/9123838 Fax : +880 2 8118230/9119230/9103908 E-mail : ahmedarifrashid@gmail.com; info@bmd.gov.bd, pdbwcsrp@bmd.gov.bd Website : www.bmd.gov.bd
Bid No.	BMD-G5
For	Supply and Installation of Portable Hydrogen Generators with related services.
Tender cost	Non-refundable fee of US$ 60 or local currency (5000 BDT). The method of payment will be pay order issued in favor of : Project Director, Bangladesh Weather and Climate Services Regional Project(Component-A). The document will be delivered from the counters of Bangladesh Meteorological Department or sent by courier. For international delivery please add US$ 100 to the price of bidding documents.
Bid Security	US$ 25,000 (US dollar twenty five thousand).
Bid deadline	*06.08.2018*

Tender No.	MEW/62/2016/2017
Tender for	Air-conditioning maintenance
Tender details	Maintenance of air-conditioning units at various electrical transformer stations.
Bid bond	KD 15,000
Cost of tender documents	KD 1,000
Closing date	*24.07.2018*
Issued by	Central Tenders Committee Electricity & Water Ministry P. O. Box 1070 Safat 13011, Kuwait Tel. : (965) 2401200 Fax : (965) 2416574 E-mail : info@ctc.gov.kw Website : www.ctc.gov.kw

Issued by	Bangladesh Power Development Board Directorate of Purchase Bangladesh Power Development Board (BPDB) WAPDA Building (9th Floor) 12 Motijheel C/A Dhaka, Bangladesh Attn. : Mr. Sayeed Akram Ullah, Director Tel. : 9550532, 9568132 Fax : +88-02-57164343
Tender No.	GR-25 (FY : 2017-2018)
For	Procurement of 1st and 2nd Stage Turbine Vanes and Assembly Parts of SGT5-2000E Gas Turbine.
Tender cost	Non-refundable BD Taka 10,000.00 (Ten thousand) only in the form of Pay Order in favour of Director, Directorate of Purchase, BPDB, Chittagong, Bangladesh.
Tender security	US$ 75,000.00 or BDT 60,00,000.00.
Tender last selling date	29.07.2018 during office hours
Closing date	*30.07.2018 at 11.00 AM*
For further details, please contact	Mr. B. M. Julfikar Ali Marketing Assistant Commercial Wing High Commission of India Dhaka, Bangladesh Tel.: 02-55067302 E-mail : trade@hcidhaka.gov.in Website : http://www.hcidhaka.gov.in
Source	High Commission of India, Dhaka