| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | By understanding the role and procedures of the Special Valuation Branch (SVB) in India, businesses importing goods can effectively navigate the complexities of related party transactions and ensure compliance with Indian customs regulations. | | | | | India and the UAE have strengthened their partnership by establishing a new Bilateral Investment Treaty (BIT) in 2024 during Prime Minister Modi’s February visit. This agreement, along with MoUs for digital infrastructure and payment interlinking, aims to enhance economic cooperation and boost bilateral investments by having key protections in place. | | | | | As BRICS embraces new members, India supports expansion cautiously, favoring countries that align with its strategic and economic priorities, such as the UAE. India’s engagement in BRICS, as witnessed during the 2024 Kazan Summit in Russia, reflects its dual focus on expanding influence in both Western-led and Global South platforms. | | | | | By focusing on areas like trade, investments, and people-to-people exchanges, India and Türkiye have an opportunity to foster more stable and productive relations. | | | | | A diplomatic thaw between India and China appears to have been reached at the BRICS Summit in Kazan, Russia, after a reset was discussed following years of border tensions spilling over into the economic, commercial, and business spheres. Key sectors in India, including manufacturing and infrastructure, are now on wait-and-watch mode. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | | | India's service sector drives growth and attracts FDI with its market potential, skilled labor, and policies. This issue explores performance, key FDI segments, and strategies for foreign firms. | | | | | As Vietnam boosts its global trade role, this Vietnam Briefing edition covers key import-export regulations, customs procedures, on-spot export regimes, and VAT rules, along with insights on documentation, processing times, and VAT refunds. | | | | | This issue of ASEAN Briefing offers an overview of Indonesia's labor market, covering local employment laws, key trends, and emerging sectors, providing insights into workforce dynamics and opportunities in the country. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Wednesday, November 13, 2024 | 9:00 AM Los Angeles / 12:00 PM New York | | | | | Webinar | Monday, November 25, 2024, | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China | | | | | Webinar | Friday, November 1, 2024 | 4:00 PM China / 3:00 PM Vietnam / 1:30 PM India / 9:00 CET |
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