Resources Profile - Deepali

After disintegration of former Union of Soviet Socialist Republics (USSR), 15 countries came into existence. Commonwealth of Independent States (CIS), which was established in 1991, is successor body to the USSR, formed to ensure continued cooperation in trade and military institutions. Presently, out of 15 countries, 12 countries namely Russian Federation, Ukraine, Mildova, Georgia, Armenia, Azerbaijan, Belarus, Kazakhastan,
Uzbekistan, Krygzstan, Turkemenistan are the members of Commonwealth of Independent States (CIS) and rest of the 3 countries namely Latvia, Lithuania and Estonia are known as Baltic States. The CIS region stretches from Cemtral Asia to East Europe,
Kazhakhstan, Uzbekistan, Krygyzstan, Turkmenistan and Tajikistan fall in Asia and are commonly known as Central Asian Republics.
Traditionally, relations between India and the countries of CIS Region have remained close and cordial since the Soviet era. After collapse of the Soviet Union commercial relations have not grown commensurately with the new states. The neighbouring
European Countries have occupied a major portion of trade markets in these countries.
The main hindrances in our trade with the region are distance, language barriers, inadequate transit facilities, inadequacy of information about business opportunities, macro-economic instability, modest progress made both in liberazation and privatization, lack of direct and regular interaction among the business entities & inadequate banking facilities in the CIS countries.
AN OPPORTUNITY FOR ENHANCING TRADE :
After disintegration of Soviet Union, the countries that came into existence are trying to
strengthen and develop various sectors of their economy and thus creating scope for
enhancing bilateral cooperation. In the present economic scenario of the CIS region,
there exists an opportunity for enhancing bilateral trade with the countries of this region
because of :
• Liberalized, growing economies and streamlining of banking operations.
• The industrial units of Soviet era in countries of the CIS Region now need
upgradation/modification and are looking for foreign investment.
• World Bank and other international organisations are making available funds for
revitalizing the economy of this region under various schemes.
• Under the trade facilitation [programme of EBRD in the countries of CIS region,
EBRD provides guarantee facility to Exim Bank to cover L/Cs received by Indian
exporters from pre-approved banks.
• Signing of Agreements on Transit of Goods viz International Trilateral Agreement on
Transit of Goods between India, Iran and Turkmenistan and Agreement on
International North-South Transport Corridor between India, Iran and Russian
Federation facilitates movements of goods.

Source: CIS ,Camexil

Intensifying Political reforms
1. Political observers are expecting the Prime Minister to intensify his efforts to implement political reforms. This has become crucial as the difference of opinion between the Government and the Parliament has increased and serious measures are required for strengthening the relations between the two. Some of the issues on which there have been differences are:
I Functioning of the Kuwait Stock Exchange,
II The manner in which Government land has been used in the Build-Operate-Transfer(BOT) projects,
III Project Kuwait relating to tapping the crude oil from Northern areas with the help of foreign oil companies

Plans of the ?Independent Front?
2. Some Members of Parliament have formed an association termed as the ?Independent Front? and considering various options to announce it as a separate political party. Its worth mentioning that political parties are not legal in Kuwait and in past, government had repeatedly rejected proposals by MPs and political groups to legalize political parties. The Independent Front listed some of their priorities as, writing off loans owed by the Kuwaiti senior-citizens, linking Kuwaiti Dinar with a currencies portfolio, establishing state-of-art hospitals and levying taxes on companies with capital exceeding KD 100 million ( $ 346 million).
B. ECONOMY
Kuwaiti Dinar (KD)
3. The Exchange rate of Kuwaiti Dinar vis-à-vis US Dollar was as follows:
Buying: US $1000/- = KD 287.250
Selling: US $1000/- = KD 290.220
Discount Rate
4.
Central Bank of Kuwait has maintained the Kuwaiti Dinar?s discount rate at 6.25 percent during the month of August, 2006
Budget for 2006-07
5. The National Bank of Kuwait has made the following observations on the budget:
I The projected expenditure of KD 10.36 billion ($ 35.85 billion) is 43 % higher than the previous year?s figures, which is largely on account of transfer of KD 2 billion ($ 6.92 billion) to the Public Institute for Social Security towards settlement of arrears.
II The estimated revenues of KD 8.61 billion ($ 29.79 billion) is expected to increase substantially because of high oil prices (as against budget estimate of $ 36/- per barrel) and a surplus of KD 5.25 billion ? KD 7.63 billion is expected against a budgeted deficit of KD 1.72 billion.

Incentives for the Aviation Sector
6. The Directorate General of Civil Aviation has announced several incentives aimed at increasing air traffic to Kuwait and increasing business opportunities. They had also concluded an Open Skies Agreement with the USA. Some of the important measures announced by DGCA are as below:
I 50 % discount on landings, flyovers and reduced taxes for one year;
II The National Aviation Service is offering a 50% discount for technical landings along with other discounts for new airlines, such as 10% discount, 100 free invitations for first class lounge, and 10 free cards for aircraft conditioning units.
III Kuwait Aviation Fuelling Company (Kafco) is offering multiple discounts to businesses and some free services, like refuelling. It is also offering flexible payment terms.
IV The Kuwait Aviation Services Company is offering free aircraft catering services for the first year of a contract, in addition to discounted meal prices.

Population
7. The latest demographic figures released by Public Authority for Civil Information shows that the population has reached 3.052 million by June 2006, an increase of 6.5 % over the May, 2005 figures. The number of Kuwaitis rose to 1.008 million constituting 33 % of the total population, as compared to 33.9 % for the period ending June, 2005. The number of workers in Kuwait was recorded as 1.870 million or 61.3 % of the total population. Some of the salient features of the report are as below:
- Kuwaiti Labour force declined to 17.9 % from 18.1% over the previous year
- Women constitute 41.9 % of the Kuwaiti work force
- 84.8 % of the Kuwaiti work force employed in the government sector
- The disguised unemployment reached 3.7 % of the total Kuwaiti labour force
National Technology Enterprises Company (NTEC)
8. The NTEC was established in 2004 and is owned by the Kuwait Investment Authority (KIA). It has a capital value of KD 100 million ($ 346 million) and specializes in investing in the modern technology sector. It has signed a MoU with Kuwait Petroleum Corporation to transfer the specialized modern techniques for modernization of the petroleum sector. Dr. Adnan Al-Sultan, Vice-Chairman and Managing Director of NTEC attended a workshop entitled ?Investment and Technology Transfer? during the ninth German-Arab Business Forum held in Berlin. He called the Kuwaiti government and the private sector to support NTEC?s efforts to establish specialized technical and scientific cities in Kuwait.
Kuwait?s Economy
9. The World Economic Outlook of the International Monetary Fund (IMF) said that Kuwait?s economic growth is expected to reach 4.7 % in 2007 as compared to 6.2 % this year. The growth had been 8.5 % in 2005 and 6.2 % in 2004.
Newspapers reported that according to the monthly bulletin issued by the Ministry of Commerce and Industry, Kuwait?s non-oil exports during July dropped 40 % compared to June, 2006. The exports to Arab states reached KD 5 million for July, or 68 % of total exports, while exports to non-Arab states accounted for KD 2 million or 32 %. Kuwait?s exports to Arab states consisted of flour, insulating products, car lubricants, chemical materials, glass, foodstuff, medical products and vegetable oil.
Privatisation of 23 state-owned companies
10 Mr. Badr Al-Humaidhi, Finance Minister announced plans to privatize 23 state-owned companies, among them some of the prominent companies are:
Kuwait Investment Company Kuwait International Investment Company
Kuwait Finance House Kuwait Cement Company
Bank of Kuwait and the Middle East Industrial Bank of Kuwait
Kuwait Real Estate Investment Consortium Kuwait Public Transport Company
Kuwait Comp. for Consultg. and Investmt. Public Utilities Company

Companies from the oil sector do not find a place in the list. Kuwait Investment Authority (KIA) has been entrusted with the task of privatization.
Ban on import of fish
11. Kuwait banned import of fish of all kind from Iran and Pakistan on health grounds. Earlier, newspapers reported presence of cholera causing microbes in the fish from these countries. There was also a report on presence of a carcinogen called NAC and high radiation contents in the imported fish.
Lifting of ban on poultry imports from Germany and India
12. The local newspaper ?Al-Rai Al-Aam? reported that the Chairman of Public Authority for Agricultural Affairs and Fishery Resources (PAAAFR) had lifted the temporary ban on importing live chicken, eggs and poultry products from Germany. The ban on import of certain category of poultry products from India has also been lifted.
C. OIL & ENERGY SECTOR
KOC plans three projects to boost crude oil production
13. Kuwait Oil Company has invited 21 pre-approved international contractors to submit bids for a major contract to supply and replace nine oil pipelines between its north and south tank farms. The scope of the EPC project involves demolishing the existing sour crude pipelines and replacing them with new polyethylene-lined steel pipes of varying diameters of up to 48 inches. The cost of the project is estimated to be between $ 300 million - $ 400 million.
14. KOC has also planned three projects to boost crude oil outputs. The projects involve setting up of a gas booster station, a gathering centre and a water injection plant. The costs of these projects are yet to be announced.
Ahmadi Oil Township
15. KOC has invited interested local and international companies to submit expressions of interest (EoIs) for the build-operate-transfer (BOT) redevelopment of its Ahmadi oil township. The project entails the complete privatisation of the township. No date has been set for receipt of EoIs. The project will be executed using a public-private-partnership with the selected developer consortium expected to plan, design, construct, finance and operate the project over a period of 30 years. Development work will include the construction of a new road network, upgrading and replacing central service facilities and utilities, installing a fibre-optic and wireless communications network, and building of 3,500 residential units, a conference centre, a shopping mall, schools and a golf course. The total investment has been estimated over $ 1,724 million. The master plan and strategic study for the project has been drawn up by a group consisting of UK?s Atkins, Kuwait?s Gulf Consult and Ernst & Young.
Contracts awarded
16. A consortium of General Electric (GE) of US and Hyundai Heavy Industries (HHI) of South Korea has won the contract to build the Subiya power plant in northern Kuwait. The scope of works on the contract involves construction of a gas-fired power plant with total export capacity of 1,350 Mega Watts. GE will supply and install its gas and steam turbines. HHI will carry out the civil construction. The cost of the project is estimated at KD 232 million ($800 million).
17. KOC signed a contract with National Petroleum Services Company (Napesco) worth KD 28 million ($ 97 million) for supply of cement materials and services related to drilling in addition to leasing drilling tools and equipment. Under the terms of the deal Napesco has to provide and operate cementing acidising tools for well construction all over Kuwait. The work involves pumping cement around pipes and casings to support the subsurface infrastructure, and pumping acid to improve the wells? productivity.
D. FINANCE AND INVESTMENT SECTOR
National Offset Company
18. National Offset Company (NOC) has assumed the responsibility of managing Kuwait?s Offset Programme on behalf of the Ministry of Finance from September 2, 2006. It signed a MoU with Lockheed Martin Corporation to establish a state-of-the-art multifaceted training centre at the Australian College of Kuwait. This institution will utilize the latest simulation technologies to provide effective and realistic ?hands-on? training for the Kuwait petroleum and maritime transport industries.
New directory for investors
19. The Union of Investment Companies has issued a new middle sized information directory titled ?Investment and Financial Services Gateway?. This step is aimed at attracting investors and capital to Kuwait. The directory is said to contain information about nearly sixty seven Kuwaiti investment companies that are listed on Kuwait Stock Exchange.
Kuwait Investment Authority
20. Mr. Bader Al-Saad, Managing Director of Kuwait Investment Authority informed that Kuwait has gained the highest credit rating in the Middle East. He said that this would transform Kuwait into an attractive area for foreign investments and will open investment opportunities in the region?s markets especially Iran and Iraq. He was of the view that Kuwait needs to improve its laws to attract foreign investments and encourage companies and institutions to choose Kuwait as their headquarters to conduct their operations in the region. He also said that Kuwait was looking into east and south Asian countries to expand its investments.
Kuwait Finance Investment Company (KFIC)
21. KFIC has signed a $ 100 million syndicated loan with a group of banks led by Standard Chartered Bank. The three-year loan facility was increased in size from $ 50 million due to subscription of about $ 110 million. There are 13 participating banks of which two are Indian viz Bank of Baroda and State Bank of India. The margin is 150 basis points.
Kuwait Stock Exchange
22. The local Arabic daily ?Al-Watan? reported that the Minister of Commerce and Industry who is also the Chairman of Kuwait Stock Exchange Committee announced the dismissal of a special team formed by the Kuwait Stock Exchange administration to help the Audit Bureau review the market?s records.
Aviation Lease and Finance Co. (ALAFCO)
23. Kuwait?s ALAFCO announced plans to increase its fleet size to 50 aircrafts by 2010. It currently owns 18 planes but plans to boost the number to cater to the strong industry demand, driven by growth in the emerging markets of China and India. The Chairman and Managing Director of the company said that a major part of ALAFCO?s portfolio was in China and India. It provides planes to a total of eight airlines around the world including Air India, Malaysian Airlines and two airlines in China.
II. Multilateral
USA
His Highness the Amir of Kuwait visited USA. The second round of discussions between USA and Kuwait for the Trade and Investment Framework Agreement (TIFA) was held during the visit. The discussions focused on mainly the following issues:
I Investment and trade, taxation on foreign companies in Kuwait and legislations related to it;
II Enforcement of Intellectual Property Rights;
III Hurdles in bilateral trade
IV Communications sector
V WTO issues
IV US economic agreements
These talks are expected to pave the way for a Free Trade Agreement between both the countries.

France
25. The Prime Minister of Kuwait went on a two day official visit to Paris. He met among others the French Economy Minister, the French Minister for Small and Medium sized Businesses and Companies, and leading French businessmen active in Kuwait. It was reported that Kuwait has $ 5.5 billion invested in France. Some important public works contracts coming up in Kuwait viz Subiya Causeway, Bubiyan Island projects, Sewage treatment plants and other projects where France is a potential bidder were also discussed.
Syria
26. Kuwait?s Commerce and Industry Minister participated in the 53rd International exhibition held in Damascus. Kuwait was represented in the exhibition with 32 companies in food supplies, construction materials, thermal insulation, electricity and chemical industries, and paramedical equipment.
Iran
27. An official of the Iranian Oil Ministry announced the settlement of the dispute between Kuwait and Iran over Al Durra natural gas field located in Gulf waters. He informed that both the countries were now working jointly to develop the field.
Singapore
28. Dr. Ismail Al-Shatti, Deputy Prime Minister and State Minister for Cabinet Affairs, Government of Kuwait visited Singapore to complete negotiations for the establishment of an IT authority in Kuwait as part of the e-government programme. He held talks with the Singaporean Minister for Information, Communication and Arts. A joint statement expressing satisfaction towards the level of bilateral cooperation, especially in the e-government venture, electronic gate and Internet projects, was issued at the conclusion of the talks.
Malaysia
29. Malaysian Food and Cultural Festival 2006 was organized in Kuwait in cooperation with the Malaysian Embassy.
China
30. A loan agreement of KD 10 million ($43 million) to finance the Ningxia Hospital was signed between China and Kuwait Fund for Arab Economic Development (KFAED). The project aims to develop the health services in the province of Ningxia. The loan amount would cover 41 % of the total cost of the project.
31. The Managing Director of Kuwait Investment Authority (KIA) has announced that it will buy Industrial and Commercial Bank of China?s shares worth $ 720 million. This would make it the largest single subscriber in what is expected to be the world?s biggest initial public offering (IPO). He said that this participation also marks the beginning of KIA?s long-term strategic investment plan in China, which the KIA hopes to extend in many other sectors
III Bilateral
Participation of APEDA in the Kuwait International Food Exhibition, 2006
32. Agricultural and Processed Food Products Export Development Authority (APEDA) participated in the Kuwait International Food Exhibition which was held from September 13-23, 2006 at Kuwait International Fair Grounds, Mishref, Kuwait. APEDA was represented by Mr. S.S. Nayyar, Deputy General Manager and Mr. U.K. Vats, Asst. General Manager. Five exporters from India viz., M/s Deccan Edibles Pvt Ltd., Mumbai (Mr. Nagesh Shetty, Director), M/s Victoria Foods Pvt Ltd., New Delhi (Mr. Udit Jain, Director), M/s Kejriwal Bee Care India Pvt Ltd. (Mr. Amit Dhanuka, Chief Executive), M/s Allanasons Ltd (Mr. B. Manoharan, GM- Marketing), M/s Aggarwal Agro Industries (Mr. B. Lal Dhingra, GM) also participated in the event.
Commemoration of 10th Year of LIC (International)?s operations in Kuwait
33. Warba Insurance Company (K.S.C.), Chief agents for LIC (International) in Kuwait, held a function to commemorate the 10th successful year of LIC (International)?s operations in Kuwait on September 20, 2006. The function was addressed by Mr. Roy Chowdhury and Mr. Niraj Agarwal, CEO & Managing Director, and General Manager respectively of LIC (International) BSC, Bahrain. The meet was attended by prominent Kuwaitis and NRIs.
Orient Investment Bank
34. Al-Shall Investment Company headed by Dr. Jassim Al-Sadoun, MP and Dr. Fahed Al-Rashed the founding Managing Director Kuwait Investment Authority came together to launch a pan GCC investment institution under the title of Orient Investment Bank with the goal of building a strong and long term investment bridge between the GCC and Asia. A collaboration agreement has been reached with Kotak Mahindra investment Bank of India. A function to present the investment bank?s proposal to the individual investors was organized by the Indian Business Council (IBC) of Kuwait where Ambassador of India was the chief guest. Ambassador identified a number of areas like energy, infrastructure, education, hospitality which offer great investment opportunities in India. Mr. Gerard Snabian of Al Shall and Mr. Nandan Maluste of Kotak Mahindra outline the structure of the institution and the value that Kotak would add to the new bank
UTI International
35. Mr. Mudit Mathur, the Country Head of UTI International Ltd., Bahrain visited Kuwait on September 14, 2006. The visit was aimed at assessing the current market situation in Kuwait and promoting UTI. UTI in association with Bank of Bahrain & Kuwait held a function on September 15, 2006 where Ms. Gautami Desai, Fund Manager, UTI Mutual Fund made a presentation on ?Prospects of Indian Equity Market?.
IV Bilateral Trade Statistics
36. The latest bilateral trade figures sourced from Kuwait Chamber of Commerce & Industry (KCCI) and Ministry of Commerce & Industry, Government of India is placed at Annexure ?A?
V. Trade Enquiries
37. Correspondence on 17 trade enquiries from India and 6 from Kuwait as at Annexure ?B? were received and processed by this Mission. Briefs of 55 tenders also were circulated to various agencies in India during the month.
VI. Trade Exhibitions during 2006 in Kuwait
38. Details of other trade exhibitions are reflected in Annexure ?C?
VII. Useful Websites
39. A list of useful websites is at Annexure ?D?.
VIII. Trade Disputes
40 One commercial complaint against M/s Bhave Engg. Pvt. Ltd., Thane for breach of contract and non-supply of part of the goods was raised by M/s Industrial Metal Center Co., WLL, Kuwait.



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Source: Commercial Section, Embassy of India, Kuwait

Think it out

?If something gets on your nerves, just sit down and relax! Then try to think in your head how to solve it.?
?Just go into your room or the bathroom and lie down and think about it.?


Talk it out

?Talk with parents or a counselor.?
?Get help from a doctor or close family member.?
?Telling someone about it to get it off your chest is a good way to deal with anger.?
?If you?re really mad at somebody, just tell them how you feel, but in a non-violent way.?


Write it out

?Keep a journal about your feelings.?
?If you have a diary, it really helps to actually talk to it. It sounds stupid, but you know it won?t ever say anything mean to you!?
Let off steam
?I think just letting it out in a quiet place is great. I go into the basement and just scream and let it all out.?
?Scream into your pillow!?
?Punch your pillow a couple times.?
Channel anger into creative activities
?Listen to music or paint.?
?I put my feelings into my artwork.?

Relax

?Listen to calming music.?
?Meditate with yoga.?
?Count to ten and then let out a deep breath.?
?I just relax and think about cool stuff.?
Get active
?I take boxing classes and I punch my punching bag.?
?Run laps.?
?I go to the gym when I?m angry.?
?When I play baseball, I imagine that the ball is the thing that makes me the most angry.?
These are all good ways of dealing with anger, and they all have one very important thing in common: none of them involve causing harm to yourself, other people, animals, or property.
As for which one of these ideas works best for you, you?ll have to figure that out for yourself. The idea is not to ignore your feelings or keep them inside, but to find ways to work through them so they don?t bother you as much.

You might be the type of person who prefers to listen to mellow music and meditate, releasing the anger by making your mind calm. Or you might prefer to listen to energetic music and go for a run, releasing your anger through physical activity. Then again, maybe neither of these options works for you, and you just have to talk about your feelings with a trusted friend until you get everything out of your system.

A methodology which increases the visibility of websites in a search engine. internet-based opportunity in the business is a great challenge for global businesses who want to gain brand exposure all over world. "Only six percent of the population in the World has access to the internet." But this is changing, and over the next two years we will see an explosion of activity. Finding a trade partner thru net will not be difficult- this is our approach towards our business

Think Positive - Succeed in business, overcome fears and phobias, survive broken relationships, solve insurmountable problems, enjoy a successful career... even just improve your day to day life!

There is no greater feeling than overcoming adversity or achieving success!

Looking for inspiration and motivation? Ever wondered how famous achievers made it? Despite being faced with many obstacles, these Positive Thinkers never gave up along the difficult road to success.

Whereas it is the fact that Road to Success is always UNDER CONSTRUCTION

Ayurveda (Science of life) is the traditional medicine and natural healing system of India and its cultural sphere. Its foundation comes from the Vedic Era, the primitive age around 5000 years ago. It is appropriate to say that it is the Mother of all Healing Systems. Ayurveda is one of the most comprehensive healing systems in the world, dealing integrally with body, mind and spirit. Ayurveda has classified the body system according to the theory of Tridosha to overcome all ailments by eliminating the basic cause.

Ayurveda is made up of two Sanskrit words: Ayu which means life and Veda which means the knowledge of. To know about life is Ayurveda. However, to fully comprehend the vast s cope of Ayurveda let us first define "Ayu" or life. According to the ancient Ayurvedic scholar Charaka, "ayu" is comprised of four essential parts. The combination of mind, body, senses and the soul.

The basic objective of Ayurveda is to educate people on how to take care of their health by themselves and increase their span of healthy life. One can achieve this goal by monitoring and balancing one?s nutritional diet and life style. Keeping good habits to heal and prevent illness and inadequacy of body functioning. This system is related to the soul, body & mind simultaneously. Psychosomatic theory recognizes that the mind can create illness in the body.

Ayurveda also sees that before we exist in physical form with the help of the mind and senses that we exist in a more subtle form known as the soul. The ancient seers of India believed tha t we were comprised of a certain energetic essence that precluded the inhabitance of our physical entity. In fact, they hypothesized that we may indeed occupy many physical bodies throughout the course of time but that our underlying self or soul remains unchanged. What we see to help illustrate this concept is what transpires at the time of death. When the individual nears the time to leave the physical body, many of his/her desires will cease to be present. As the soul no longer identifies with the bod y, the desire to eat food or indulge in a particular activity that used to be a great source of satisfaction for that person drops by the wayside. In fact, many individuals have been documented to experience the sensation of being "out of their bodies."

Through various database you can register your business inquiry directly on the Internet. It is also possible to search for potential buyers and cooperation partners, the same is open to companies all over the world.

Consumers and producers know that they can enjoy secure supplies and greater choice of the finished products, components, raw materials and services that they use. Producers and exporters know that foreign markets will remain open to them.

Everyone would like to appreciate the brains behind the B2B Portals. This can helped by build the business better and get known in the international markets. the inquiries and requirements coming through portal are from approved sources and it is a good and strong platform for the beginners.

The result is also a more prosperous, peaceful and accountable economic world. In order to improve the welfare of the peoples of the member countries

Ayurveda (Science of life) is the traditional medicine and natural healing system of India and its cultural sphere. Its foundation comes from the Vedic Era, the primitive age around 5000 years ago. It is appropriate to say that it is the Mother of all Healing Systems. Ayurveda is one of the most comprehensive healing systems in the world, dealing integrally with body, mind and spirit. Ayurveda has classified the body system according to the theory of Tridosha to overcome all ailments by eliminating the basic cause.

Ayurveda is made up of two Sanskrit words: Ayu which means life and Veda which means the knowledge of. To know about life is Ayurveda. However, to fully comprehend the vast s cope of Ayurveda let us first define "Ayu" or life. According to the ancient Ayurvedic scholar Charaka, "ayu" is comprised of four essential parts. The combination of mind, body, senses and the soul.

The basic objective of Ayurveda is to educate people on how to take care of their health by themselves and increase their span of healthy life. One can achieve this goal by monitoring and balancing one?s nutritional diet and life style. Keeping good habits to heal and prevent illness and inadequacy of body functioning. This system is related to the soul, body & mind simultaneously. Psychosomatic theory recognizes that the mind can create illness in the body.

Ayurveda also sees that before we exist in physical form with the help of the mind and senses that we exist in a more subtle form known as the soul. The ancient seers of India believed tha t we were comprised of a certain energetic essence that precluded the inhabitance of our physical entity. In fact, they hypothesized that we may indeed occupy many physical bodies throughout the course of time but that our underlying self or soul remains unchanged. What we see to help illustrate this concept is what transpires at the time of death. When the individual nears the time to leave the physical body, many of his/her desires will cease to be present. As the soul no longer identifies with the bod y, the desire to eat food or indulge in a particular activity that used to be a great source of satisfaction for that person drops by the wayside. In fact, many individuals have been documented to experience the sensation of being "out of their bodies."

It is rather a difficult task to reach global markets through Internet, businesses need to adopt a sound business strategy, coupled with flexibility to question traditional practices. This is the real challenge for businesses using the Internet, no matter where they are located.

In today?s economically integrated world, trade matters more than ever before. Countries that have intensified their links with the global economy through trade and investment have usually grown more rapidly over a sustained period and have consequently experienced larger reductions in poverty. Unfortunately, many low-income countries have been hindered in their efforts to integrate into the global economy by inadequate policies, institutions, and infrastructure, on one hand, and by a variety of rich country protectionist measures and other policies that restrict low-income countries? exports, on the other.