India for more steps to ease visa rules for businessmen within Saarc
India said it, along with other member-countries of South Asian Association for Regional Cooperation (Saarc), can take more steps to ensure easy movement of businessmen within the region.
"We have taken some steps and if required, we will on our own and along with neighbouring countries of Saarc do more to ensure that the movement of the business leaders, who want to do commerce or investment, is facilitated," Commerce and Industry Minister Anand Sharma said.
He was speaking at a function organised here by the Federation of Indian Chambers of Commerce and Industry on Monday.
He said, for doing business, it is important for people to travel to various destinations. "That is why multiple entry long-term visas have been given serious consideration by India."
The business community in the bloc has since long been demanding simpler and expeditious visa procedure.
South Asian Association for Regional Cooperation (Saarc) consists of India, Pakistan, Afghanistan, Nepal, Bhutan, Bangladesh, Maldives and Sri Lanka.
Sharma said the present $15 billion trade between the member countries is low.
“We also need to develop new and imaginative credit mechanisms focusing on supporting regional business models by incentivising entrepreneurs for developing commercially-viable regional projects, to improve customs infrastructure and expedite the processing at the border posts."
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