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BioSciences Research Institute enter into
an agreement with SAL Group of Colleges,
Malaysia to Promote Research & High Education in
the field of Biotechnology. THE Malaysian Prime
Minister, Datuk Seri Abdullah Ahmad Badawi, has
underlined the need to deepen the Indo-Malaysian
economic and trade cooperation through a free
trade agreement (FTA). He invited Indian
businessmen to suggest a framework to maximise
the gains from such a trading arrangement.
 Mr
Badawi, while addressing Indian and Malaysian
industry leaders at a meeting jointly organised
by the Federation of Indian Chambers of Commerce
and Industry and Confederation of Indian
Industry on Monday, said, "I would like to know
the expectations of business from the two sides
so that the mutual aspirations could be
reflected in the FTA to make it viable and
workable."
He assured the Indian
industry and trade that all roadblocks in the
way of efficient functioning of free trade would
be removed, including lacunae in financial and
banking arrangements. The Malaysian Prime
Minister stated that the bilateral ties could be
strengthened by focussing on areas of India's
strengths such as machinery and engineering,
pharmaceuticals, high technology and
knowledge-driven industries. Likewise, Indian
companies could tap the competitive strengths of
Malaysian companies in education, tourism,
health services, finance and banking,
biotechnology as well as high-value agriculture.
 MoUs
signed: Corporate India today moved a step
closer to its Malaysian counterpart with the
signing of memorandums of understanding in
diverse areas such as IT, manufacturing,
satellite systems, infrastructure development,
airport management, education and R&D in
biotechnology.
These were signed in the
presence of the Malaysian Prime Minister and the
Presidents of the FICCI and the CII.
The MoUs are between Ara Techniz Sdn Bhd and CMC
Ltd; MEASAT and Antrix Corporation Ltd; Malaysia
Airports Holdings Bhd and Hyderabad
International Airport Ltd; Inforvalley Life
Sciences Sdn Bhd and Institute of Bioinformatics
and Applied Biotechnology; Sistem Kompakar Sdn
Bhd/Doxport Technologies Sdn Bhd and Konkan
Railway Corpn India; Indofocus Sdn Bhd and
Indian Gas Ltd; SAL Group of Colleges and
Biosciences Research Institute; SAL Group of
Colleges and KLR Technologies India Pvt Ltd;
Malaysia Institute of Integrative Media and
Learnet India Ltd; Astro All Asia Networks Plc
and Sun TV Pvt Ltd; and PIKOM & Nasscom.
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