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English Release 31-October 2014
Date Month Year
  • President's Secretariat
  • Education will be the single biggest transformative factor in catapulting India into the league of developed nations, says President
  • President of India congratulates Pankaj Advani on achieving 12th world title in Leeds
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  • Election Commission
  • General Election to Legislative Assemblies of Jharkhand and Jammu & Kashmir 2014 - Allotment of Broadcast/Telecast time to Political Parties – regarding
  • Min of Agriculture
  • Kharif Rice Area Coverage
  • Min of Commerce & Industry
  • Index of Eight Core Industries (Base: 2004-05=100), September, 2014
  • Department of Commerce calls for creative participation for India’s participation at Hannover Messe
  • Min of Defence
  • Minor Incident Involving Naval Ship
  • Indian Warships Visit to Port Louis
  • Ministry of Finance
  • Auction for Sale (Re-Issue) of Government Stocks
  • Major Focus of the Government is to Bring Back the Growth Momentum: Finance Minister
  • Auction for Sale (Re-Issue ) of ‘8.30 per cent Government Stock, 2040’
  • Auction for Sale of a new Government Stock of 19 Years
  • Auction for Sale (Re-Issue ) of ‘8.60 per cent Government Stock, 2028’
  • Auction for Sale (Re-Issue) of ‘8.27 per cent Government Stock, 2020’
  • Subash Chandra Garg Relieved to take up His New Assignment As Executive Director, World Bank, Washington D.C.
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  • Min of Health and Family Welfare
  • MoU with Spain on organ transplantation soon
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  • MoS Home Kiren Rijiju participates in ‘Run for Unity’
  • Text of Home Minister's speech at NPA, Hyderabad
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  • Min of Human Resource Development
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  • Central Armed Police Forces (Assistant Commandants) Examination, 2014 Declaration of Result of Written Part
  • Min of Petroleum & Natural Gas
  • Constitution of Steering Committee for successful implementation of “Make in India” campaign in the Oil and Gas Industry.
  • Global crude oil price of Indian Basket was US$ 84.77 per bbl on 30.10.2014
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  • Min of Road Transport & Highways
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  • Ministry of Water Resources
  • Storage Status of 85 Important Reservoirs of the Country as on October 30, 2014
  • Min of Women and Child Development
  • SRB to be raised by 10 basis points every year

Previous Date

 
Ministry of Commerce & Industry16-May, 2007 19:53 IST
Kamal Nath flays US move on H1b visa – says will raise the issue at G-4 meeting in Brussels

TEXT OF KAMAL NATH’S PRESS STATEMENT ON H1B VISA ISSUE
Shri Kamal Nath, Union Minister of Commerce & Industry, has said that the US move on utilisation of the special H1B visa by Indian IT companies restricting movement of skilled professionals would have an adverse impact on the rapidly expanding services trade and has warned that it would be difficult for India to enhance its commitments in the services negotiations in the World Trade Organisation (WTO) unless there is forward movement by trading partners like US in such areas.

Shri Kamal Nath has also said that he will raise this issue with Ms. Susan Schwab, the United States Trade Representative (USTR) and in the G-4 meetings scheduled to be held in Brussels on May 17-19, 2007.

Following is the full text of the statement by Shri Kamal Nath on this subject:

“A letter written by two members of the US Senate Judiciary Committee (Sub- Committee on Immigration, Border Security and Refugees) to some prominent Indian IT companies has been brought to my notice. The letter seeks details about the utilization of the special HIB visa programme by these companies.

I am surprised both with the form and content of the letter. Issues such as work visas are inter-governmental in nature and should be dealt with accordingly. Temporary movement of skilled professionals is an essential component of the global services economy and bears no relation to immigration issues. Any move which creates uncertainty and unpredictability about such movements will naturally have an adverse impact on the rapidly expanding services trade.

In recent years, India and the US have significantly expanded their bilateral engagement in services trade to mutual advantage. Indeed, the importance of knowledge-based services trade in the trade basket is a unique feature of India-US trade. For quite some time now, we have been discussing with the US regarding further liberalization of their regime for movement of skilled professionals to facilitate further expansion of this trade. At this juncture, we would be extremely concerned if there are efforts to circumscribe the existing levels of liberalization in this area in the United States.

I will be raising this issue with Ambassador Susan Schwab, USTR and in the G-4 meetings being held in Brussels on May 17-18, 2007. In previous discussions, I have informed Ambassador Schwab that while India continues to liberalise its services economy, it expects at least equal movement from important trading partners like the US in areas of our interest like Mode-4. Unless we see forward movement in such areas, it will be difficult for India to enhance its commitments in the services negotiations.

Services are an important component of the breakthrough in the current WTO negotiations and any move which vitiates the current progress will only frustrate the progress in bringing the round to a successful completion. I would like to assure Indian industry that India will not subscribe to any WTO conclusion without a satisfactory outcome in services”.

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SB/NR/MRS
(Release ID :27999)

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