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Topic : Regulations
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Created by : KultarSingh , General Manager, COOGA Enterprises  | 07 27 2010 16:46:50 +0000
Keywords : fema regulations
Activity:  1079 views;  last activity : 07 28 2010 08:42:14 +0000
 
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Liberalization of FEMA guidelines for Merchant Trade Vs treatment of merchant trade as import + export at present
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Kultar yes the policies are very strict in India which is affecting the export and import trade offshore. Government should dilute few policies, which in turn will increase the trade.....   


By Shailena Varma, Logistics Manager, Target  07 28 2010 08:41:11 +0000
 
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Working towards setting up a merchant trading unit in India for the past 6 months I realized that a lot of 3rd world African countries provide better and more conducive environment for offshore trade. For example Rice export from India is banned hence I cant indulge in offshore merchant trade for the same. Ridiculous policy framework, no wonder traders don't settle in India.
By KultarSingh , General Manager, COOGA Enterprises  | 07 27 2010 16:46:50 +0000
 
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