New Director-General Nigeria s Ngozi Okonjo-Iweala takes over the reins of the WTO (Reuters photo)
NEW DELHI: Ngozi Okonjo-Iweala, the new director-general of the World Trade Organization (WTO), describes herself as a pragmatic person. She sets out her agenda in her first interview after becoming the first woman and the first African to bag the top job at the multilateral body.
While she backs discussions on issues of India’s interest, such as public stockholding of foodgrains and safeguard mechanism to guard against a surge in farm imports, the 66-year-old says that it is difficult to ignore that over 100 members are backing discussions on investment facilitation and women-related aspects, which New Delhi is averse to. Excerpts:
Vietnam approves 4th protocol amending ASEAN investment deal 11:19 | 20/02/2021
Flags of ASEAN and its member States (Source: AFP)
Hanoi â The Vietnamese Government has issued a resolution approving the fourth Protocol to amend the ASEAN Comprehensive Investment Agreement (ACIA) signed on July 15, 2020.
The Government assigned the Ministry of Planning and Investment to chair and coordinate with relevant ministries and offices to carry out the protocol. Meanwhile, the Ministry of Foreign Affairs is tasked with conducting external procedures as regulated.
The ACIA was inked on February 26, 2009 and became effective on March 29, 2012 with the aim of promoting the building of a free, open and transparent investment area in ASEAN to achieve the goal of establishing the ASEAN Economic Community in 2015.
NDO/VNA – The Vietnamese Government has issued a resolution approving the fourth Protocol to amend the ASEAN Comprehensive Investment Agreement (ACIA) signed on July 15, 2020.
Fitch Ratings (Thailand) Limited has assigned a first-time National Long-Term Rating of AAA(tha) to JWD InfoLogistics Public Company Limited s (JWD, BBB(tha)/Negative) proposed bond programme of up to THB1.9 billion. The scheduled payments of interest and principal of the bonds issued under the programme will be unconditionally and irrevocably guaranteed by Credit Guarantee and Investment Facility (CGIF).
KEY RATING DRIVERS
Guarantee from CGIF: The rating on the proposed bond programme is based solely on the unconditional and irrevocable guarantee of scheduled payments of interest and principal provided by CGIF. CGIF s payment obligations under the guarantee rank pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law (if any). In Fitch s view CGIF s credit profile is stronger than Thailand s Long-Term Foreign-Currency Issuer Default Rating (IDR) of BBB+ , which is equivalent to AAA(tha) on the Nat
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