US-based tech group urges Trump to overcome digital trade barriers
The Dollar Business Bureau A US-based technology group Information Technology Industry Council (ITI) has prodded the Trump government to take steps in overcoming barriers in digital trade and alleged that various countries including China and India are biased in their policies which unfairly disadvantage US companies. In addition, the technology group named countries like Canada, Indonesia, Russia, South Korea, Mexico and Vietnam, which have followed discriminatory policies against American companies. “Multiple foreign governments have turned to discriminatory or otherwise harmful policies that unfairly disadvantage American companies and impede the ability of technology products and services to drive growth,” ITI said in a report to the President. The countries in which rules that treat foreign and domestic companies differently are Colombia, China, India, Indonesia, Russia, South Korea and ...
S.A minister says India is its gateway to Asian Markets
South Africa is keen to increase its exports of value-added products to India, at the same time explore joint venture deals in investment with Indian IT companies The Dollar Business Bureau Trade between South Africa and India increased from Rand40 billion to 42 billion in 2010-14 India and South Africas history dates back to many generations. The two countries resumed their business ties with the resumption of diplomatic relations in 1993. Since then the two countries have agreed to be associated closely in areas ranging from economic to health, human settlements to education, science and technology. Commercial relations between the two countries have since then flourished. Once the gates of trade resumed, the pace in bilateral trade between the two countries increased ...
Indias new Foreign Trade Policy 2014-19: Why not have more IIFTs?
Bidhu Bhushan Palo | @TheDollarBiz Change is in the air, they say. I too see that the spotlight is suddenly on the export sector, a definite focus on mercantilism. Is this a revisit to 1991 when India liberalized its economy as a last resort, but a step that helped India survive and then get noticed as a major economy? I definitely hope so. It would be wonderful to see India’s economy gallop and exports could play a major part in it, doing what the IT and BPO sectors have done for over a decade now. But are we doing enough? It is great to see Prime Minister Narendra Modi speak from the ramparts of the Red Fort, ...