Monday, September 17, 2007

India Seeks Ease In German Visa Rules

India is likely to ask Germany to ease rules regarding work visa permits for IT professionals and reduce non-tariff barriers to trade when Finance Minister P Chidambaram visits the European nation this week.

Apart from allaying fears of German investors to invest in India, the Finance Minister is expected to take up issues such as non-tariff barriers, discriminatory German dividend tax and social security tax paid by IT professionals going for short duration, official sources said.

Chidambaram is scheduled to visit Germany during September 18-20 and will address German industrialists at Berlin and Munich on September 19 and 20. He will be accompanied by a 30-member business delegation, including CII President Sunil Mittal and FICCI President Habil Khorakiwala.

The Indian industry will like to take up the issues of EU over-regulation of chemicals sector, difficulties in getting work permits for IT professionals, besides the discriminatory German dividend tax, FICCI Secretary General Amit Mitra said.

Chidambaram''s tour will be followed by a visit of German Chancellor Angela Merkel to India toward the end of October.

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