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World Food India 2017: Netherlands to Participate as the ‘Focus Country’

To promote the grand event, Harsimrat Kaur Badal was in the Netherlands

world food india
World Food India 2017. Facebook
  • The World Food India 2017 is to be organized in Delhi from the 3rd to 5th November
  • Netherlands has recently announced itself participating as the ‘focus country.’ 
  • India and Netherland have good bilateral ties, and this is another significant step forward

August 26, 2017: The World Food India 2017 will be organized from 3rd to 5th November in New Delhi. On Wednesday, Netherlands declared that it wishes to participate as a ‘focus country.’

Martijn van Dam, Netherlands’ Minister of Agriculture, expressed the decision of Netherlands to be the ‘Focus Country’ at the 2017 World Food India to the Minister of Food Processing Harsimran Kaur Badal.

Also Read: Dorset Indian Mela: Indian food festival on August 26 in the UK to Showcase different varieties of Cuisine and Culture

A business, as well as official delegation, will be sent by Netherlands for the event organized in the capital of India.

To promote the grand event, Harsimrat Kaur Badal was in the Hague, Netherlands.

The objective of the World Food India 2017 is to explain the policy environment of India to the global food industry. It further seeks to establish India as a major player in the global industry and provide investment platforms.

Netherlands, being the ‘focus country’ at the event, will get to showcase its expertise and knowledge about the food processing sector. This will include seminars through the country.

Harsimrat Kau badal speaking to ANI, stated, “World Food India welcomes The Netherlands as Focus Country and hopes that participation from The Netherlands will help businesses from both sides to leverage each other’s strengths for mutual benefit.” She also highlighted that good bilateral relationship exists between India and Netherlands and this is another step forward.

Netherlands has invested close to US $6 billion into India in the last couple of years. India is also doing good business with over 200 companies from Netherlands. However, there is still so much more potential of development.

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India, Hong Kong sign double tax agreement

The agreement is "for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income"

  • India and Hong Kong signed an agreement
  • The agreement is about prevention of double tax
  • This will help in curbing the taxes

India and Hong Kong on Monday signed an agreement to avoid double taxation and prevent tax evasion.

India’s Ambassador to China Gautam Bamabwale and Hong Kong’s Financial Secretary Paul Chan Mo signed the treaty.

A former British colony, Hong Kong is a special administrative region of China which enjoys a high degree of autonomy under which it has an independent taxation system.

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This move will prevent double taxation. Wikimedia Commons

The agreement is “for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income”, the Indian Embassy in Beijing said.

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“This agreement will stimulate the flow of investment, technology and personnel from India to Hong Kong Special Administrative Region and vice versa, prevent double taxation and provide for the exchange of information between the two contracting parties,” the statement said. “It will improve transparency in tax matters and will help curb tax evasion and tax avoidance,” it added. IANS

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