Indian Economy

[sameer]

Is this a joke ? Wtf does a 100 visas mean ?

I believe these are temporary work visas for intra-company transfers.

 

[Azaad]

I believe these are temporary work visas for intra-company transfers.

I get that but look at the quantum ! Are we to understand the entire trade talks hinged merely on an agreement or lack thereof a mere 100 visas ?

 

[sameer]

Are we to understand the entire trade talks hinged merely on an agreement or lack thereof a mere 100 visas ?

Most likely not, I think we already compromised on the number of visas previously.

FTA's are hard to negotiate, since there are lot of chapters on issues like labour, hooman rights, environmental issues, carbon tax etc etc, so those could've been delaying it as well.

TBH, apart from lower tariffs on textiles, I don't know what we'll be gaining from this FTA.

 

[Azaad]

Most likely not, I think we already compromised on the number of visas previously.

FTA's are hard to negotiate, since there are lot of chapters on issues like labour, hooman rights, environmental issues, carbon tax etc etc, so those could've been delaying it as well.

TBH, apart from lower tariffs on textiles, I don't know what we'll be gaining from this FTA.

Goel was speaking about steel cement etc when referring to the carbon tax he wanted the UK to exempt Indian exports from. Could be a lot of other stuff too. But what does UK have to export? More Jaguars or Aston Martin? Single Malt whiskey?

 

[sameer]

But what does UK have to export? More Jaguars or Aston Martin? Single Malt whiskey?

Apart from those, it's probably Financial services I guess. Maybe UK insurance companies and banks will be allowed to operate more freely in India and want lesser regulations? Not really sure though.