ess Trust of India / Helsinki October 13, 2006
| Prime Minister Manmohan Singh today invited European companies to explore "expanded opportunities" in the special economic Zones (SEZs) being created in India. Addressing the India-EU Summit here, he strongly disapproved of restrictive visa regimes, saying these can "stifle" the potential of business and trade cooperation between the two sides. The interests of foreign companies with regard to further liberalisation of foreign direct investment in areas like telecommunication and retail, improvement of infrastructure, opening up India's financial sector and relaxation of labour laws, etc would be considered, Singh said. |
