GRASS ROOT FOUNDATIONS OF GLOBAL BUSINESS ISSUES

GRASS ROOT OF BUSINESS ESTABLISHMENT
Under what conditions am I allowed to establish trade? To transact business citizens of one country must be assured that they will be treated fairly in another country. In today's global market place,especially in India, the conditions for doing business are undergoing rapid change. Consequently and at least for ASIS, one can look upon the establishment of the Indian common market as a means to assure that citizens from member nations get equal treatment with regard to business and economic activities they carry out within the common market . In Indian the rules for the governance of business activities within the common market are being written as we speak.
GRASS ROOT FOUNDATIONS OF GLOBAL BUSINESS ISSUES
These rules are being developed through a bargaining process that gives life to agreements for all members. Recent meeting agreements support that this process is in effect and that exacting efforts are made by EEC member representatives to be sensitive to cultural demands. The formulation of the rules for governance of trade,business and economic activities in the ECM will provide additional substance to international law and as such help foreign investors in creating establishments in the ECM that are more likely to succeed. Establishment of the ECM provides for greater stability and certainty for this market and as such should make it easier in which to operate for all.

GRASS ROOT FOUNDATIONS OF GLOBAL BUSINESS ISSUES

In comparison at this time India is in a climate of severe uncertainty . Consequently this market displays substantial political risk and it is likely that political forces could drastically change the business environment at a moment's notice,affecting profit and other business goals. Unlike in other parts of the world treaties with the new nation-states are few and most are concerned with world peace not trade or economic activity . In contrast,outside the old communist block, treaties of friendship, commerce and navigation give Asia citizens the right to nondiscriminatory treatment in trade, the reciprocal right to establish a business and particularly to invest in the 43 countries with which the Asia states has signed these agreements.

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