Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
September 20, Thursday 2018 10:33 AM       

       HEADLINES: Police take pervert home guard into custody                                              Cabinet clears ordinance to make triple talaq penal offence: Law Minister                                              Forces within JNU 'waging war against India', says Sitharaman                                              US-China trade war could last for 20 years: Jack Ma                                              Didn't expect Arjuna this year: Hima Das                                              Kaumudi Facebook
       INDIA Next Article: JNU students protest against 75 per cent attendance  
       US H1-B visa assurance should end speculations: IACC Chief
 
         Posted on :17:10:34 Jan 12, 2018
   
A A
       Last edited on:17:10:34 Jan 12, 2018
         Tags: US H1-B visa, end speculations, IACC Chief
 

NEW DELHI: Welcoming the reported news in certain sections of the newspapers and news channels that the US immigration officials have clarified that they are not contemplating any regulatory changes that would compel the H1-B visa holders to leave the United States after six year limit, Vasant Subramanyan, National President, Indo-American Chamber of Commerce (IACC) said, " This assurance by the US authorities should put to rest all speculations and rumours that caused panic in the minds of people having short term work permits."

In a statement issued today, the IACC President said the unprecedented cordial and diplomatic relationship between India and the United States, two largest and oldest democracies in the world, can address many issues and find amicable solutions in a spirit of "give and take."

In a dynamic economic engagement, there can be many challenges and "wish lists" that may haveto be addressed. "I am surewhateverbilateral issues that are awaiting to be resolved will merit the active consideration of both the administrations. IACC through its membership strength and advocacy will work towards creating a conducive environ to address such issues, be they relating to India's or US's wish lists or concerns," he added.

Subramanyan said that the Gresham's law in economics, which says that bad money drives good money out of circulation, is also applicable in the bilateral economic engagement in the sense that progress in bilateral economic relations at times get smarred by certain challenges. In the last few years, the bilateral economic relations between the two countries have been at its best. Trade has increased. Investments have picked up substantially both in terms of quantum and quality. Technical hand-holdings are its record high. Yet, these positive developments may become obscure when irritants and challenges crop up, such as the H1-B visa or any other issue that may have to be addressed by the political administrations, which have to take a balanced viewin a dispensation where politics and economics cannot be segregated all the times, he added.

Subramanyan said that the IACC will work towards putting some of these positive developments in the bilateral relations in the public domain.

"That will form part of the Golden jubilee celebrations of IACC. Ours is the only apex bilateral chamberthat are having membership of both Indian and the US corporations, set up by the initiatives of businessmen from both countries. Our views, perceptions and tenor of advocacy are balanced, keeping in view legitimate business interests of corporations from both sides," he pointed out.

A A
       INDIA
Next Article: JNU students protest against 75 per cent attendance
 
 
INDIA HEADLINES
Forces within JNU 'waging war against India', says Sitharaman  
Cabinet clears ordinance to make triple talaq penal offence: Law Minister  
Army pays tributes to Lance Naik Malik  
Seven-year-old girl raped in Shahdara: Police  
BJP, Congress mock Mamata's foreign visit  
No relief from Centre, states for Nagaland disaster  
Gujarat Assembly pays homage to Vajpayee  
SC stays Patna HC order asking to set up a fresh probe team in Muzaffarpur shelter home case  
Air Tanzania to soon resume direct flights to India  
PM's silence on gangrape unacceptable; shameful govt leaves India's women unprotected: Rahul  
Bihar CM Nitish Kumar admitted to AIIMS  
Court summons Lalu, others as accused in IRCTC money laundering case  
SC notice to Centre on plea seeking ban on 85 pesticides  
Territorial Army soldier shot dead  
BJP's popularity has declined, will be no surprise if it loses 2019 elections: Gehlot  
568 kilo ladoo unveiled on PM's birthday  
New coffee table book chronicles life of PM Modi  
Drug dealer nabbed from Kashmir by Gujarat ATS  
Bengal BJP chief's vehicle attacked in East Midnapore  
Mathura gearing up for 'Chappan Bhog Mahotsava'  
CM Parrikar unwell, Congress stakes claim to form govt in Goa  
BJP works for all castes, communities: Amit Shah  
CBI charge sheet against Mallya likely in a month, bank officials may be included  
20 lakh people join modified JanDhan scheme, total account holders 32.61 cr  
Now a mobile app to check poll code violations  
 
Do you think forced salary challenge is acceptable in the current situation?
yes
 
not
 
don't know
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy