ข่าวเศรษฐกิจประจำวันที่ 17 พฤศจิกายน 2554
NEW DELHI, November 17 – LIVEMINT – India and Pakistan have decided to adopt a more liberal visa regime with particular focus on the business community. Both countries have agreed to calibrate the easing of norms to the size of the business, with larger firms entitled to more relaxed rules. This includes multiple entries, freedom to travel to five cities and withdrawal of the rule that requires visitors to report to the local police station. The proposed rules will enable businesses in both countries to take greater advantage of the MFN status granted to India earlier this month. India granted MFN status to Pakistan in 1996. India principally buys cement from Pakistan, the latter’s focus is on tea, chillies, soya and potatoes. – BUSINESS STANDARD – Association of Southeast Asian Nations (ASEAN) is emerging as the third centre of economic growth with a combined gross domestic product of just under $1.5 trillion and a total population of about 600 million, this regional grouping is an entity that many Western economies, including the United States, will look at forging closer ties with, as their own markets face a period of continued slowdown. At the same time, the ongoing turmoil in Europe is likely to put pressure on some export-driven Asean members — Singapore and Indonesia, among others, recently cut their growth forecasts for the next year. As a result, Asean member states have begun work on creating a new regional economic framework that will allow the grouping to engage more closely with its dialogue partners, which include Australia, Canada, China, the European Union, India, Japan, New Zealand, Korea, Russia and the US. – BUSINESS STANDARD – India is expected to sign the much-awaited preferential trade agreement (PTA) with South Africa Customs Union (SACU) by the first quarter of 2012, as both sides are currently engaged in active negotiations on seeking greater access of each others’ markets and easier movement of professionals. SACU consists of Botswana, Lesotho, Namibia, South Africa and Swaziland. Both countries have earlier set the target of achieving $15 billion worth of bilateral trade by 2014 from around the present $11.12 billion. – BUSINESS STANDARD – Today, Prime Minister Manmohan Singh will reach Bali to hold meetings with leaders from the ASEAN and attend the East Asia Summit over the weekend, but a Comprehensive Economic Partnership Agreement (CEPA) between India and the ASEAN remains elusive. Although India and ASEAN in 2009 have signed a free trade agreement (FTA) in goods, a similar deal on services is yet to be inked. The India-Asean FTA in goods intends lifting of tariffs on 4,000 items gradually between 2013 and 2016. A similar agreement on services would have further helped trade between the two reach the targeted number of $70 billion by 2012, up from $50 billion in 2010.
Submitted By:-
Priyesh Narain
Researcher
สำหรับรายละเอียดของข่าวข้างต้น โปรดติดต่ิอนาย Priyesh Narain ที่ info@thaibicindia.in
