Done business in India? MFAT wants to hear from you
By Idealog,
With five rounds of negotiations with India done and dusted (the next round is expected to be held this month) progress towards an FTA is being made.
The Ministry of Foreign Affairs and Trade now wants to hear from businesses that export services to India – either through having a physical or personnel presence in India, having employees who travel to India or delivering services in India from New Zealand (ie, online).
"If your business is involved in these activities, the ministry’s keen to identify the ways in which the India FTA could make it easier for you," it said.
It's particularly interested in any regulatory barriers encountered by Kiwi companies, for example:
- restrictions on individuals (eg. difficulties in recognition of qualifications or obtaining business visas, requirements to obtain local licenses);
- restrictions on investors (eg. requirements to operate in joint ventures with local partners, requirements to employ locals or restrictions on the ability of New Zealanders to be transferred to work in subsidiaries or affiliates in India, local representation requirements for boards of directors, restrictions on the ability to invest in a new enterprise or invest equity in an Indian company); or
- financial or business restrictions (eg. restrictions on supplying services from New Zealand including via the internet, difficulties competing with local firms who benefit from government preferences, complex and discriminatory local regulations).
Questions or information can be sent to Brad Burgess, services negotiator for the India FTA at brad.burgess@mfat.govt.nz.
Comments
DATA COLLECTION LIMITED
We have been sending shipment to India for many years and have an office over there. Products are shipped directly from NZ though. We also have one of our directors living there at the moment. Please add us to your list of businesses and we would be pleased to hear of any changes to trade restrictions or other.
Storm Corporate Design Limited
I have been providing design services, in Branding, Graphics, Architecture and Interiors since last 2 years and visiting frequently to India and plan to start up design studio there. Please add me to your database / business list and would be good to know the trade changes.
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