Breaking News
  • Breaking News Will Appear Here

EU 'open' for high skilled Indian Professionals

 2017-02-22 14:39:16.0

EU open for high skilled Indian Professionals

NEW DELHI: The European Union today said it is ready to join hands with the India and to accommodate more Indian IT professionals and denounced any form of protectionism in global trade, amid anxiety over the Trump administration's possible clampdown on H1B visa. The EU will be pushing ties with India,a delegation of European Union Committee on Foreign Affairs also expressed "regret" over failure by both sides to resume the stalled dialogue to firm the long EU-India trade and investment pact.

Talking about the new US governments protectionist rhetoric which triggered fears in Europe as well,the head of delegation David McAllister strssed his views about the deal saying that Europe is 'open' for allowing more Indian professionals who are high on demand.

"Europe is open for people with high demand. Indian people are highly skilled. Our IT sectors would not have been successful if we did not have skilled professionals from India," he said.

As soon as taking over as US President, Donald Trump had decided to overhaul the work visa programme like H-1B and L1, a move that will advertisly hit the lifetime of Indian tech firms and professionals in the US. Pressing the early resumption of negotiations for the EU-India Board-based Trade and Investment Agreement (BTIA), Mr McAllister said the delegation urged the Indian leaders to resume the talks as the pact will significantly boost two-way trade.

"We deeply regret that we are not being able to move ahead. We will use the visit to call for resumption of talks for teh agreement," he told reporters.

The EU delegation, the second one here , will hold talks with a number of Union Ministers, National Security Adviser Ajit Doval, the Vice Chairman of NITI Ayog Arvind Panagariya and Lok Sabha Speaker Sumitra Mahajan among others.

A European Parliament Delegation for relation with India is also in the country and it had strongly sought resumption of talks for the trade pact during its meetings with Finance Minister Arun Jaitley and commerce Minister Nirmala Sitharaman.

Finance Minister Arun Jaitley and Commerce Minister Nirmala Sitharaman has been in resumption of talks for trade pact during its meetings with the European Delegation who are also in the country.

The BITA talks have been stalled since Mat 2013, when both sides failed to bridge substantial gaps on a crucial issue, including data security status for IT sector.

While,it launched in June 2007, negotiations for the proposed agreement have witnessed many hurdles as both sides have major differences on crucial issues.

Delegation members Urmas Paet said that teh EU would like to have the trade pact with India on the line of the recently concluded EU-Canada trade deal, which featured a new mechanism on investment protection and dispute on crucial settlement.

The EU-india summit in Brussels last year, the two sides to tariff an movement of professionals but the EU has shown am inclination to restart talks.

Besides demanding sufficient duty cuts in automobiles, the EU wants tax reduction in wines, spirits and dairy products, and strong intellectual property regime.

However, India has already made it clear that it will not allow investment to become part of any global agreement that allows investors to challenge governments in an international tribunal.


  Similar Posts

Share it