Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2011-03-17

India's Restrictive Trade Policy hampers economic ties

EU not happy over it

India's restrictive trade policy is weighing heavy on the economic ties with the European Union, says a report. India's trade regime and regulatory environment still remain comparatively restrictive, according to the "Trade and Investment Barriers Report 2011" published recently by the European Commission, the EU's executive body.

"With regard to intellectual property, some improvement in the IPR enforcement infrastructure has been reported, however there are still significant concerns about India's response to counterfeiting and piracy."

"Furthermore, in the area of procurement, the Indian legislative framework remains incomplete. Major reforms are needed to ensure compliance with international standards and a predictable environment for bidders," the EU report said.

The report argues that the current trade performance between the EU and India falls far short of its potential.

In four years, EU-India trade has increased by 31 percent to over 53 billion euro in 2009 and EU investment to India has more than quadrupled since 2003 to 3.1 billion euro in 2009.

 

Related opportunities
  • Home Furnishings
    About Us: Marshalls - India's No. 1 in Wall coverings since 1975 brings..
    Locations looking for expansion Maharashtra
    Establishment year 1975
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Cosmetics & Beauty Product Stores
    About Us: Vega Industries Private Limited, Launched in 2000, formerly known..
    Locations looking for expansion New Delhi
    Establishment year 2001
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Other Vocational Training
    About Us: The Sunday Science School is a registered institute for..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2009
    Investment size Rs. 2lac - 5lac
    Space required 00
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About US:  Founded in 1919 by the Vilgrain family, Delifrance today..
    Locations looking for expansion Delhi
    Establishment year 1983
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts