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When will India stop begging for jobs? Give access to our professionals, India tells EU
India continues to beg for jobs.
India on Wednesday asked the EU to dismantle its non-tariff barriers and provide easy access to its professionals to give a big push to the bilateral trade and investment relationship.
Asserting that trade had to play a central role in the partnership between India and EU, Commerce Minister Kamal Nath said there was a need for a liberal regime for free movement of "natural persons."
"The fundamental requirement for such a model is a liberal and easy regime allowing for the free movement of natural persons. I emphasise that I do not speak of immigration, but the need to facilitate professionals to travel if this type of economic engagement is to be properly services," Nath said at the Sixth India-EU summit here.
Pointing to the mounting stringency of standards, cumbersome and complex rules and procedures as also frequent use of trade defence instruments, Nath asked EU to address the issue to provide market access to India's exports.
"While tariffs may be low, the developed world markets are becoming increasingly difficult to penetrate," he said.
"Indian trade and industry circles feel that while Indian economy has liberalised and markets have been opened up, offering new vistas to global trade and industry, reciprocal benefits have not flowed from the developed world to us", he said, adding that EU's anti-dumping actions against Indian products were another area of concern.
Universally, EU's trade defence actions are limited to around half a per cent of EU's global imports, but in India's case, three-and-a-half per cent of its export faced action, Nath said.
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