Amul fights the EU over Indian Gouda and Indian Emmental
The Amul girl is a much-loved Indian mascot whose amiable face is plastered on billboards promoting dairy products. She always looks remarkably sweet and cheery. So, when she does pipe up with sombre words of caution it’s probably worth listening.
R S Sodhi, managing director of Amul, the dairy farmers’ co-operative, has written to India’s ministry of commerce with words of warning regarding the pending free trade agreement with the EU. Continue reading »
Davos 2013: It’s not the trade barriers, it’s the supply chains
Free trade warriors: stop wasting your time on battling trade tariffs from emerging markets. Streamlining your own supply chain is what you should focus on.
That is, in short, the message of a new WEF report, Enabling Trade, released this week in Davos. Continue reading »
S Korea FDI: worth a go?
Will free trade agreements help South Korea revive foreign interest in the country, which has been overshadowed by its giant neighbours such as China and India? Invest Korea, the country’s state-run trade-promotion agency, certainly hopes so.
South Korea welcomes greenfield investment by foreign investors although there is still some hostile public sentiment toward foreign buyers. But it is becoming increasingly difficult to attract FDI into Asia’s fourth-largest economy as China and India have emerged as magnets for foreign investments in the region. So what can Korea do? Continue reading »
Colombia: free market cheerleader
Few politicians in Latin America have the flair of Colombia’s finance minister, Juan Carlos Echeverry, when it comes to making a point. Opening up an economy is “as painful as giving birth”, Echeverry told Reuters recently.
The fact that Brazil and Argentina remain oblivious to Echeverry’s point, sticking uncompromisingly with protectionism, is an irritation for many in the region.
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