Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
March 17, Saturday 2018 4:01 PM       

       HEADLINES: Three Malayalis die in Velankanni vehicle accident                                              M B Rajesh clarifies why UP people‚Äôs representatives wore red cap                                              Smooth delivery for Adivasi woman in KSRTC bus                                              Navy helicopter makes emergency landing on Alappuzha paddy field                                              Chengannur election: BJP leaders visit Mani                                              PNB fraud: 107 companies, 7 LLPs under scanner                                              Indian Army inks MoUs with HPCL, NIEDO                                              Saudi Prince threatens Iran to produce nuclear bombs                                              At least four dead in Florida university bridge collapse                                              Donald Trump Jr, wife headed for divorce after 12 years                                              Saudi warns it will pursue nuclear weapons if Iran does                                              Age no barrier for Japan's grandpa goaltender                                              SLC releases book on Dalmiya                                              Aditi Ashok starts Founders Cup with solid 70, lies T-17th                                              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
       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.

Next Article: JNU students protest against 75 per cent attendance
Indian Army inks MoUs with HPCL, NIEDO  
PNB fraud: 107 companies, 7 LLPs under scanner  
No-confidence motion not taken up; LS washed out for 10th day  
No-confidence motion not taken up; LS washed out for 10th day  
Centre to release 56 Pak prisoners  
Delhi HC reserves order on Karti's bail plea in INX Media case  
SC reserves verdict on pleas for probe into judge Loya's death  
Customs seizes air gun parts at Delhi airport, 1 held  
Rajputs hold anti-Mehbooba protests in Jammu  
Judgement in fourth fodder scam case tomorrow  
CPI to support no-confidence motion against NDA govt  
Daler Mehndi convicted in human trafficking cases  
TDP quits NDA; to move no-confidence motion  
J-K: 2 terrorists killed in Khanmoh encounter  
Four arrested for running illegal online lottery racket  
From student to child labourer?  
Hearing in Justice Loya death case to continue today  
SP hints at alliance with BSP  
Saffron cloth found tied to Tamil icons' busts  
Defamation Case: Kejriwal to apologise to Jaitley after Majithia?  
TDP may support no-trust vote against Centre  
Tirupati temple writes to RBI to exchange banned notes worth RS. 25 cr  
India downplays recall of Pak envoy  
No leakage of Class 12 Accountancy paper, confirms CBSE  
Delhi HC extends Karti's protection from arrest in ED case till Mar 22  
Do you think controversies are now being used as business tools?
don't opinion
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]
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy