Business updates and special topic events, specially curated for global foreign investors in...

29 DECEMBER 2022	View in Browser

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

INDIA EDITION


TOP STORIES THIS WEEK:


India-EU FTA Top Priority for Sweden During its EU Presidency

The prospects of an India-EU FTA are looking up as both regions recently concluded the third round of discussions.


Russia and India Drop All US Dollar And Euro Use In Bilateral Trade & Settlements

Russia and India have agreed to drop all use of the US dollar and Euro in bilateral settlements, according to a statement made by Zamir Kabulov, a Director of Russia’s Ministry of Foreign Affairs.


UAE, India Discussing Mutual Rupee Trade Settlements

The US Dollar continues to lose popularity in international finance and trade, with the UAE and India being the latest countries to consider dumping the dollar and conducting bilateral trade in Indian Rupees.


India, Bangladesh Consider Trade Settlement in Rupee; To Begin CEPA Talks Soon

India and Bangladesh have recently agreed to initiate FTA negotiations. Both countries are also considering trade settlement in rupee.


India’s Skill Gaming Industry: Investment Outlook and Regulatory Landscape

India's skill gaming industry is eagerly awaiting regulatory reform to attract greater investments and protect the largely young gaming population.


Electric Vehicle Industry in India: Why Foreign Investors Should Pay Attention

The electric vehicle industry in India is picking pace with 100% FDI, new manufacturing hubs, and increased charging infrastructure coverage.

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NEWS FROM AROUND ASIA:


China to Remove Quarantine for Inbound Travelers Starting January 8, 2023

Starting January 8, China will significantly relax its travel restrictions, PCR tests and centralized quarantine for inbound travelers.


UAE’s Strong 2022 Economic Growth Highest For 11 Years

The UAE economy is projected to grow by 7.6% for 2022, the highest in 11 years, driven by both oil and non-oil sectors, according to the latest estimates by the UAE Central Bank.


Bangladesh Trade, Development & Economic Prospects in the Emerging Asian-European Supply Chain

Bangladesh, within its recent economic development progress, has been an emerging Asian star.


Vietnam FDI for 2022 Tops US$27 billion: MoIP

Vietnam’s Ministry of Planning and Investment regularly provides data on FDI in Vietnam. This is the most recent update.

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UPCOMING EVENTS FOR ASIA:


Investing and Doing Business in China 2023: Reopening and Rebound

Webinar \| Monday, January 9, 2023 \| 4:30 PM China / 3:30 PM Vietnam / 9:30 AM CET


Vietnam Labor Market 2023 - Latest Labor Law, Hiring Locals and Foreigners, Salary, and Expectations

Webinar \| Tuesday, January 10, 2023 \| 4:00 PM Vietnam / 5:00 PM China / 10:00 AM CET

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