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Barau pays condolence visits to late Sen Inuwa’s family, others

Raila's AU bid gains steam in stiff contest, complex dynamicsNew Delhi, Nov 24 (PTI) Prime Minister Narendra Modi will inaugurate the ICA Global Cooperative Conference 2024 and launch the UN International Year of Cooperatives 2025 at the Bharat Mandapam here on Monday. The ICA Global Cooperative Conference and the ICA General Assembly are being organised in India for the first time in the 130-year-long history of the International Cooperative Alliance (ICA), the premier body for the global cooperative movement. Also Read | Winter Session 2024: INDIA Bloc To Hold Parliamentary Floor Leaders Meeting To Decide Strategy on November 25. The global conference, hosted by the Indian Farmers Fertiliser Cooperative Limited (IFFCO), in collaboration with the ICA, the Government of India and Indian cooperatives AMUL and KRIBHCO, will be held from November 25 to November 30. Modi will inaugurate the ICA Global Cooperative Conference 2024 and launch the UN International Year of Cooperatives 2025 at the Bharat Mandapam at around 3 pm on Monday. Also Read | Shiv Sena MLAs Feel Eknath Shinde Should Continue As Maharashtra CM, Says State Minister Deepak Kesarkar. The theme of the conference -- "Cooperatives Build Prosperity for All" -- aligns with the government's vision of "Sahkar Se Samriddhi" (prosperity through cooperation), according to a statement issued by the Prime Minister's Office (PMO). The event will feature discussions, panel sessions and workshops, addressing the challenges and opportunities faced by cooperatives worldwide in achieving the United Nations Sustainable Development Goals (SDGs), particularly in areas such as poverty alleviation, gender equality and sustainable economic growth. The prime minister will also launch the UN International Year of Cooperatives 2025, which will focus on the theme, "Cooperatives Build a Better World", underscoring the transformative role cooperatives play in promoting social inclusion, economic empowerment and sustainable development. The UN SDGs recognise cooperatives as crucial drivers of sustainable development, particularly in reducing inequality, promoting decent work and alleviating poverty, the statement said. The year 2025 will be a global initiative aimed at showcasing the power of cooperative enterprises in addressing the world's most pressing challenges, it said. Modi will also launch a commemorative postal stamp, symbolising India's commitment to the cooperative movement. The stamp showcases a lotus, symbolising peace, strength, resilience and growth, reflecting the cooperative values of sustainability and community development. The five petals of the lotus represent the five elements of nature ("Panchatatva"), highlighting cooperatives' commitment to environmental, social and economic sustainability. The design also incorporates sectors like agriculture, dairy, fisheries, consumer cooperatives and housing, with a drone symbolising the role of modern technology in agriculture. Prime Minister of Bhutan Dasho Tshering Tobgay, Deputy Prime Minister of Fiji Manoa Kamikamica and around 3,000 delegates from more than 100 countries will also be present, the statement said. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body) New Delhi, Nov 24 (PTI) Prime Minister Narendra Modi will inaugurate the ICA Global Cooperative Conference 2024 and launch the UN International Year of Cooperatives 2025 at the Bharat Mandapam here on Monday. The ICA Global Cooperative Conference and the ICA General Assembly are being organised in India for the first time in the 130-year-long history of the International Cooperative Alliance (ICA), the premier body for the global cooperative movement. Also Read | Winter Session 2024: INDIA Bloc To Hold Parliamentary Floor Leaders Meeting To Decide Strategy on November 25. The global conference, hosted by the Indian Farmers Fertiliser Cooperative Limited (IFFCO), in collaboration with the ICA, the Government of India and Indian cooperatives AMUL and KRIBHCO, will be held from November 25 to November 30. Modi will inaugurate the ICA Global Cooperative Conference 2024 and launch the UN International Year of Cooperatives 2025 at the Bharat Mandapam at around 3 pm on Monday. Also Read | Shiv Sena MLAs Feel Eknath Shinde Should Continue As Maharashtra CM, Says State Minister Deepak Kesarkar. The theme of the conference -- "Cooperatives Build Prosperity for All" -- aligns with the government's vision of "Sahkar Se Samriddhi" (prosperity through cooperation), according to a statement issued by the Prime Minister's Office (PMO). The event will feature discussions, panel sessions and workshops, addressing the challenges and opportunities faced by cooperatives worldwide in achieving the United Nations Sustainable Development Goals (SDGs), particularly in areas such as poverty alleviation, gender equality and sustainable economic growth. The prime minister will also launch the UN International Year of Cooperatives 2025, which will focus on the theme, "Cooperatives Build a Better World", underscoring the transformative role cooperatives play in promoting social inclusion, economic empowerment and sustainable development. The UN SDGs recognise cooperatives as crucial drivers of sustainable development, particularly in reducing inequality, promoting decent work and alleviating poverty, the statement said. The year 2025 will be a global initiative aimed at showcasing the power of cooperative enterprises in addressing the world's most pressing challenges, it said. Modi will also launch a commemorative postal stamp, symbolising India's commitment to the cooperative movement. The stamp showcases a lotus, symbolising peace, strength, resilience and growth, reflecting the cooperative values of sustainability and community development. The five petals of the lotus represent the five elements of nature ("Panchatatva"), highlighting cooperatives' commitment to environmental, social and economic sustainability. The design also incorporates sectors like agriculture, dairy, fisheries, consumer cooperatives and housing, with a drone symbolising the role of modern technology in agriculture. Prime Minister of Bhutan Dasho Tshering Tobgay, Deputy Prime Minister of Fiji Manoa Kamikamica and around 3,000 delegates from more than 100 countries will also be present, the statement said. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

If SEC tries to game CFP system by dumbing down non-conference schedules, it will failWith the increase in international trade of Bangladesh, efficient cross-border trade will have notable implications for the country's status graduation from the least developed country (LDC) to a developing one, said Mahbubur Rahman, president of the International Chamber of Commerce Bangladesh (ICCB). "Therefore, understanding the foreign business partners is crucial," he told a workshop on "Trade Finance Legal Challenges and International Sanctions Regime & Requirements" on Saturday. The ICCB, credit rating agency Moody's and ICC United Arab Emirates (UAE) jointly hosted the event at Renaissance Dhaka Gulshan Hotel in the capital. Financing of international trade transactions plays a crucial role in facilitating global commerce, said Rahman. However, the whole process operates within a complex legal framework shaped by regulatory requirements, including sanctions, presenting significant challenges for financial institutions and businesses dealing with international trade, he said. "Therefore, financial institutions and businesses must navigate a labyrinth of sanctions imposed by various jurisdictions," he said. "These sanctions can target specific countries, entities, or individuals, and often differ between regions, leading to complexities in ensuring compliance," Rahman said. Banks are obligated to conduct thorough due diligence to prevent money laundering and terrorist financing, he said. This involves verifying the identities of clients and understanding the nature of their business activities, which can be resource-intensive and legally complex, he added. The ICCB president highlighted the recent trades in the global economic and political arena and added that the evolving geopolitical landscape has increased the compliance requirements for banks and businesses engaged in international trade. To navigate these challenges, financial institutions and businesses should establish comprehensive policies follow regulatory requirements and educate employees on the latest developments in sanctions, laws and compliance obligations, he added. ICCB Secretary General Ataur Rahman moderated the workshop. Mohamed Daoud, director and industry practice lead for Moody's Financial Crime Compliance across the Middle East and India, and Vincent O'Brien, director of ICC-UAE, were present.