CII to lobby with Indian govt. to facilitate visa on-arrival for Lankan businessmen
February 12, 2014 10:08 am
The Confederation
of Indian Industry (CII) is to lobby with the Indian State government to
facilitate Sri Lankan businessman to obtain Indian visa on arrival.
Mannish
Mohan, Director and head of South and Central Asia of the CII shared
these views with visiting Sri Lankan journalists on Tuesday at their head
quarters in New Delhi.
India
still blocks Sri Lankan nationals the visa on arrival facility which Sri Lanka
had already made the facility available
However,
the Confederation of Indian Industry which is the apex body of over 800 Indian
companies is of the view that the on-arrival visa facility should at least be
given to businessmen in order to enjoy the optimum results especially from the
Indo-Lanka free trade facility currently enjoyed by the two countries.
CII
say it will lobby the visa-on-arrival issue with the Indian central government
in the near future in response to several questions put forward by the
journalists.
Ada
Derana raised the point that although the existing FTA provided zero duty for
Sri Lankan selected items at the time of export to India, the policies of some
of the Indian state governments do not provide the same facility which in turn hinders
exports to India. There are non-trade barriers that are enforced by certain Indian
provincial states that make Sri Lankan exporters vulnerable.
The
CII responding to these concerns agreed that current bottlenecks needed to be
removed to truly facilitate the FTA.
However,
the Indian industries are of the view that lack of awareness among
Sri Lankan businessmen about the FTA is also causing many problems in
fulfilling the potential of the trade agreement sealed between two countries almost
decade ago.
CII is
also of the view that the proposed reforms to the Indian tax regime will also
streamline the existing bottlenecks.
Currently,
Sri Lankan conglomerates such as JKH, MAS, Damro, Ceylon Biscuits are
active in India although the CII says the two countries should now move
from nearly trade, concentrate on investments and say the reality of CEPA would
better benefit both countries.