Pune, December 13 - The Indian visit of H.E. Prime Minister Nelson Oduber of Aruba, facilitated in part by InCar Consultancy and its partner Dinesh N. Joshi, has shown its first tangible success.
A Memorandum of Understanding was signed on 13th December, 2007 by and between The Government of Aruba, represented by Hon’ble Prime Minister, Mr. Nelson O. Oduber and Hon’ble Health Minister, Drs. Candelario A. S. D. Wever and Emcure Pharmaceuticals Limited; represented by Managing Director, Mr. Satish Mehta and Executive Director, Mr. A. K. Khanna.
As per the MOU, Emcure will work hand in hand with The Government of Aruba towards making available niche medicines (Chiral molecules, Nephrology Products and Biotech Products) at affordable prices to benefit the population of Aruba.
Further, Emcure will share its expertise in training the Medical fraternity in Aruba for use of above mentioned products including use of Elaxim (Clot busting agent) and extend its support to formulate Chiral molecules in Aruba.
Aruba is just the beginning; Emcure will also explore the possibility of using Aruba as a base for exploring business opportunities in Caribbean and Latin American countries.
Aruba: Gateway to Caribbean and Latin America, Invites Indian Businessmen, Tourists
Mumbai (12/12/2007) - Mr. Nelson Oduber, Prime Minister of the island nation of Aruba, an autonomous state in the Kingdom of Netherlands, has invited Indian businessmen, investors and tourists to his country.
Mr. Oduber addressed an interactive meeting organised in his honour at Hotel Hilton Towers, Mumbai by the Indian Merchants' Chamber on December 12. The Consul General of the Kingdom of the Netherlands, Mr. Hans Ramaker, introduced Mr. Oduber and other Ministers and officials of his delegation.
Welcoming the distinguished guests, IMC President Mr. Niraj Bajaj complimented Prime Minister Mr. Oduber for leading his country to prosperity in the past 18 years of his office. “With a per capita income of over $28,000, the nation of Aruba has few parallels in the world,” he said.
Prime Minister Mr. Oduber said that the population of Aruba – a 70 sq. mile island – was around 60,000 in 1986 and had now risen to well over 120,000. “Our tiny country with its beautiful beaches attracts over two million tourists annually,” he said.
Mr Oduber said that he aimed to make his country “Dubai of the Caribbean and Gateway of Latin America.”
As such, the 19.6 mile long, 6 mile wide island nation had built three major ports, an international airport which could take large aircraft and exclusive airport for private aircrafts, a free trade zone, top class educational, healthcare and hotel facilities and all such modern infrastructure.
Mr. Oduber invited Indian businessmen to set up bases in the Free Trade Zone of his country, add value to their products and re-export them to the US, Latin American and European countries.
Mr. Oduber said his country had its own central banking system, Parliamentary form of governance and an independent judiciary. Aruban island nation, situated off the coast of Venezuela in South America, was engaged in its coastal waters for offshore drilling for oil and was hopeful of finding rich deposits as in Venezuela and Columbia.
Though the backbone of Aruban economy was tourism, it was also a major base for refining and exporting oil. In addition, Aruba also exported huge quantity of coffee, rice, sugar and whiskey to Europe and other western countries.
The invitation by IMC President Bajaj to visit Mumbai was presented to H.E. the Prime Minister in June by Mr Dinesh N. Joshi, Vice-Chairman of the IMC Infrastructure Committee and Indian partner of InCar Group.
The Indian visit of H.E. Prime Minister Nelson Oduber of Aruba, facilitated in part by InCar Consultancy and its partner Dinesh N. Joshi, commenced in New Delhi. The Aruban delegation presented to a select group of business leaders and journalists what the island has to offer Indian companies. The presentation garnered substantial media attention:
Aruba offers to act as India's trade link to LatAm
(Financial Express) New Delhi, December 10 - The tiny south Caribbean island territory, Aruba has offered itself to be the base for India's trade links with Latin American countries.
Aruba also invited Indian airlines to set up their bases in Aruba and gain in terms of easy connectivity to Latin American countries.
With a population of around 100,000, Aruba has per capita income of $22,000. Aruba is an autonomous part of the Kingdom of Netherlands.
The wave of economic liberalization and growth is literally sweeping across the globe and Aruba is no exception. The visiting Prime Minister of Aruba, Nelson Oduber today showcased the potential of his island territory and invited Indian businessmen to invest.
Speaking at a luncheon meet, organized by the Confederation of Indian Industry (CII), here on Monday, Oduber said, "Aruba can act as India's hub and gateway to Latin America and provide logistics for transport services We are ready to provide traffic right to Indian airlines."
Highlighting the strategic location of the island nation, Oduber invited Indian airline Companies to set up base in Aruba and gain in terms of easy connectivity to Latin American countries. "The airline industry in India is growing exponentially. It is expected that the Indian Companies will place big orders for aircraft next year. Aruba has a well-developed financial system and mature institutions. Apart from providing a strategic hub to Indian airline Companies, we can also take care of their financial needs," he said.
He also offered Indian Companies certificate of origin on safeguard tariffs. He said, "Aruba has free trade zones which offer ideal business climate. Businessmen can also save as we tax only 2% of the profit."
Making a strong pitch for high-value, low-volume industries like pharmaceuticals and information technology, Oduber said. "Companies from these sectors can capitalize from Aruba's strategic location and sound logistic infrastructure."
The Aruba Prime Minister also invited tourists from India. He said his country has 8,000 hotel rooms with tourist inflow of around 1,000,000 per year. The small island nation offers a wealth of natural resources and scintillating landscape.
Aruba offers Indian cos easier access to US, EU
(Economic Times) New Delhi, 10 December - Aruba, an island in the Caribbean sea with access to the European Union and US markets, today said it could act as a logistics centre for Indian companies looking to tap those regions.
"We want to make Aruba a logistics centre for the Indian companies. We have the necessary infrastructure and an agreement for duty free movement of goods to the US and the EU markets," Aruba's Prime Minister Nelson Oduber told reporters here.
Citing an example, he said Aruba imports sugar and ethanol from Brazil, adds value to the products and moves them duty free to the US and the EU.
"We are in contact with many Indian companies from the sectors of infrastructure, energy, pharmaceutical, information technology and aviation," he revealed but refused to divulge their names.
Oduber said he would meet businessmen from the aviation industry tomorrow in Mumbai.
The Prime Minister invited corporate India to set up shop in the country's upcoming Free Zone. "If you register in the Free Zone, you would be liable to pay only two per cent tax on profits and zero import duty," he said.
Also, the country is expected to float an open tender next year for exploring its natural resources such as oil and gas, in which it is expecting the Indian industry to participate.
