Financial Daily from THE HINDU group of publications
Friday, Nov 26, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Foreign Trade


`Doing business with USA'

Our Bureau

Chennai , Nov. 25

YOU are a small-scale entrepreneur. You are interested in gaining an entry or at least a peek at how to go about doing business with one of the richest countries in the world, then be at the Le Royal Meridien in Chennai on December 1, say representatives of the Indo-American Chamber of Commerce (IACC) - Tamil Nadu branch.

Officials, businessmen with experience in the field will talk about the art of `Doing business with USA' and the highlight will be a presentation by a lawyer from the US.

While this is an annual event organised by the chamber, this year the significance is that with 2005 around the corner, business with the US is set to open out even more.

Quota regimes are out for textiles, intellectual property rights gain greater significance and there is scope for more action in textile business, pharma and, as always information technology, says the IACC's Chairman, Mr T.R.K. Ramakrushna Rajha.

According to a garment exporter, Mr S.S. Yuvaraj, who is also a member in the IACC, the exporters in the Tiruppur and Erode belts are in immediate need of more than 1,000 weaving machines, and ideally they would like to pick them up from the used-machines market in the US.

But visa restrictions are a problem and they have to settle for buying the machines from Taiwan or Korea where the machines do not match the US quality.

"I plan to ask how I can get around this problem," he said. This would be one of the many issues to which entrepreneurs can expect to discuss in detail at the seminar, he said.

More Stories on : Foreign Trade | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Dumping duty mooted on slabstock polyol imports


Hold-up in Spending Bill; extra H-1 B visas may take a while
Plan panel to begin talks with States from Nov 30
Six State Finance Ministers to meet PM on debt relief
`Govt keen on public-private partnership'
Trek for food
Bengal plans sensory tech watch on polluting sponge iron units
Comprehensive fertiliser policy urged
Israeli delegation to visit India in Dec
`Doing business with USA'
Organon working on drugs for andropause
Health Ministry to enforce anti-tobacco law from Jan 1
MPI ties up with cardiac centre
Eye surgeons' meet today
`Forex reserves for public investment, a sound idea'
Modern Shanghai towers way above Mumbai
KSEB bid to improve distribution system
To meet steel plant needs — Posco may focus on Paradip port
steelrx.com launches magazine
Finance Ministry amends Cenvat credit rules
Northern States urged to cut entertainment tax
Report on water resources in next Budget session
Cigarette makers divided over nicotine content notice on packs
CAP vocational training institute inaugurated
Janapriya plans townships in Mumbai, Bangalore
Spot gold may correct lower
Kerala ideal for biotech, IT initiatives: Muthunayagam
Synopsys science fair for Govt school students
Non-Kannada films: Industry wants legislation on three-week moratorium
EPF role in social security lauded
IIM-K annual management seminar from tomorrow
Industry fears rise in raw material costs on account of Railway freight hike



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line