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ECUPL, JGU to set up Centre for BRICS Legal Studies

Press Trust of India  |  New Delhi 

East University of Political Science and (ECUPL) and Jindal Global University (JGU) have agreed to set up a Centre for BRICS Legal Studies through a varsity-level cooperation.

The agreement between ECUPL and JGU was signed at a China-legal forum, a conference on a theme 'How to Avoid Legal Risks While Investing in India' at ECUPL in Changning Qu, in

JGU Vice-Chancellor C Raj Kumar said it was important to open institutional mechanisms to navigate and reduce risks for foreign investment in

"We share deep and pervasive ties with ECUPL, and are committed to strengthening our relationship through continuous exchange and interaction. The university-level cooperation agreements signed will further help to enhance and deepen our ties with ECUPL, which is amongst the leading universities of and the world," Kumar said.

"For the last few decades, subsequent governments in have shown wider political commitment, and there was political consensus for attracting FDI. There is a need for increasing convergence of the mindset of individuals and institutions to reduce and navigate risks," he added.

The forum was organised by JGU, ECUPL and the Dentons Office as part of a collaborative initiative between the host institutions, a statement issued by JGU said.

The occasion also saw participation of parliamentarian and former minister of state for commerce and industry E M S Natchiappan, and senior advocate and president of the Indian Society of International R Venkataramani.

The deliberations focused on generating fresh and practical knowledge for the upcoming BRICS Summit slated to be held in Xiamen, China in September this year.

Speaking on different roles of Parliament and the Union government on regulating foreign direct investment (FDI) in India, Natchiappan has said, "Since India is a democratic republic union of states, there will be transparency and predictability of the policy of government to reflect the aspirations and protect the welfare of the people...All these are amenable to welcoming FDI in India.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 21 2017. 18:22 IST