CENTRE FOR GLOBAL BUSINESS STUDIES GUJARAT TECHNOLOGICAL UNIVERSITY Dear Sir/ Madam, INDIA – BANGLADESH WILL NOW HAVE P2P & B2B RELATIONS, SAYS DY. HIGH COMMISSIONER Till now India and Bangladesh were having only Government – to – Government relations, but now we will have people – to – people and Business – to – Business relations. This was stated by Mr. Sala- huddinh Noman Chaudhary, Deputy High Commissioner of Bangladesh in India. He was speaking in National Day celebrations at Gujarat Technological University (GTU). Students of 4 colleges of GTU participated in the event . GTU’s Centre for Global Business Studies celebrated National Day of Egypt, Malawi, Bangladesh and Mauritania on 2nd April, 2016 (Saturday) at GTU, Chandkheda Campus – Ahmedabad, Gujarat. He said in the event that Bangladesh has 88 % Muslim population. The country is based on language. Read More... NEW ASSESSMENT SYSTEM IN 100-POINT PLAN OF GTU ENGINEERING SYLLABUS INDUSTRY PAIN POINTS AND SOLUTIONS Gujarat Technological University (GTU) will implement the evaluation system in 100 – Activity Points that has already been launched in the begin- ning of the current Academic Year i.e. 2015-16 for earning the GTU’s Engineering Degree. Any B.E. Student of GTU will be honored the B.E. Degree once s/he earns the Minimum 100 Activity Points during his total academic tenure. Read More... Centre for Global Business Studies, GTU had or- ganized a session on “Industry Pain Points and Solutions” on 9th April, 2016. The event noted the presence of academicians, experts and people from Industries. This initiative provided a plat- form to SMEs and MSMEs to discuss their issues with the panel of experts Read More... GTU HELPING AMC FOR IMPROVING MART TRAFFIC MANAGEMENT SYSTEM NATIONAL DAY CELEBRATION OF JAMAICA, CZECH REPUBLIC, ETHIOPIA & TANZANIA ON 19 TH MARCH 2016 AT GTU Ahmedabad is the first city in India to intro- duce Intelligent Traffic Control System. It will show which road is having traffic jam and which road is open, etc. type of data on a VMC board. On collaboration of Japan’s Zero-Sum Company with Ahmedabad Municipal Corpo- ration this Intelligent Traffic Control System has been launched. Read More... Read More... GTU GETS PLACE IN LIMCA BOOK OF RECORDS MEETING WITH AAMC TRAINING GROUP AUSTRALIA AT GTU GTU celebrated National days of 76 coun- tries at GTU Chandkheda campus since Au- gust 2013. Limca Book of Records also have taken the note of this achievement and con- firmed the record to be published in the book of 2016 . Delegate from AAMC (Australasian Academy of Mentoring and Coaching) TRAINING GROUP AUSTRALIA visited Gujarat Techno- logical University to discuss about the AAMC training India and collaboration oppor- tunity between GTU and AAMC TRAINING GROUP AUSTRALIA. Read More... Read More... NEWS OF THE WEEK — AROUND THE WORLD ASIA New Delhi: President Pranab Mukherjee on Monday re- turned home after wrapping up his six-day official tour of Papua New Guinea and New Zealand where he met top lead- ers of the two countries and inked a few important deals as part of India's 'Act East' policy. Concluding the three-day visit to New Zealand as part of the second leg of his two-nation tour, Mukherjee talked about cooperation in agriculture, dairy, food processing, education and skill development as well as high technology between the two countries. PRESIDENT PRANAB RETURNS HOME AFTER 6-DAY TOUR TO NEW ZEALAND, PAPUA NEW GUINEA Read More... AFRICA UAE, EGYPT DISCUSS WAYS TO BOOST ECONOMIC TIES DUBAI: Sultan Bin Saeed Al Mansouri, Minis- ter for Economy, has met with Tarek Kabil, Egyp- tian Minister of Trade and Industry, to discuss ways of consolidating existing economic partner- ships between the UAE and Egypt, and overcom- ing the various challenges facing investors and businessmen, as part of efforts to promote mutual economic and trade interests and relations. Read More... AUSTRALIA FRENCH PRIME MINISTER ARRIVES IN NZ Prime Minister John Key is expected to push for a free- trade agreement with the European Union and advocate for Helen Clark to become Secretary-General of the UN when he talks with French Prime Minister Manuel Valls. Mr Valls arrived in Auckland last night. There is a formal welcome and wreath-laying at the Auckland War Memorial Museum in Auckland this morning followed by a bi-lateral meeting. Read More... EUROPE GERMANY, IRAN AGREE ON HERMES DEBT Read More... NORTH AMERICA US ANTI-TRADE SHIFT WOULD HIT WORLD ECONOMY The more protectionist trade policy being pushed by US presidential candidates could lead America to re- nege on global trade agreements and deal a blow to the world economy, Mexico's economy minister said on Monday. Read More... SOUTH AMERICA CRISIS IN VENEZUELA – A LESSON FROM SAUDI ARABIA President Nicolás Maduro has implemented measures such as shortened workday, increased federal holidays and scheduled blackouts in an attempt to reduce energy consumption across the country amidst a nationwide en- ergy crisis brought on by severe drought. However, the energy crisis is only a microcosm of the Venezuelan economy and regardless of oil’s recovery, the country will continue to be plagued by cyclical misfortune unless meaningful reform is instituted. Read More... CENTRE FOR GLOBAL BUSINESS STUDIES Gujarat Technological University Nr. Vishwakarma Government Engineering College Nr. Visat Three Roads, Visat - Gandhinagar Highway Chandkheda, Ahmedabad - 382424, India Contact no: 07923267525/590 Email: [email protected] For more details of activities of CGBS, Kindly visit: http://international.gtu.ac.in/ For E Newsletter of CGBS, Kindly Visit: http://gsn.gtu.ac.in/ Compiled and Designed by: Dr. Jyoti Srivastava ISSUE –2 5 TH MAY, 2016 Unsubscribe here On19thMarch 2016, GTU celebrated the Na- tional Days of Jamaica, Czech Republic, Ethiopia and Tanzania. The Global Country Study Report (GCSR) is a two-semester project in the curricu- lum of GTU’s Global MBA program. Since, last three years, MBA students of GTU are studying various aspects like culture, politics, environment, economics and demography of countries of the Iran and Germany have reached an agreement over Iran ’s €500 million ($578.9 million) Hermes cover debt, said Iran's dep- uty minister of economy, Mohammad Khazai on Tuesday, during a meeting of the Iran-Germany Joint Commercial Commission in Tehran. Khazai added that Germany’s export cover for Iran is expected to reach €7 billion ($8.09 billion), considering recent agreements, Ministry of Economic Affairs and Finance News Centre, SHA- DA, reported.