German FDI in ASEAN, India’s New Business E-Visa – China Outbound
Our weekly round up of other news affecting foreign investors throughout Asia.
German investment in the ten member states of the Association of Southeast Asian Nations (ASEAN) has been increasing steadily and has the potential to grow further in the coming years.
In the first part of this four-part article, we analyzed German investment in Brunei and Cambodia. Next, we look at Indonesia and Laos.
In a bid to enable faster and more convenient arrival for foreigners visiting India on business trips, the Indian government has relaxed electronic visa (e-visa) norms from February 15, 2019.
Foreign nationals can now get a business e-visa for one year with multiple entries subject to the number of days of the visit and registration requirements. Previously, the visa permitted expatriates only two entries for a period of 60 days.
Trade turnover between Russia and the EU grew by 20 percent in 2018, Industry and Trade Minister Denis Manturov said during a meeting with representatives of European business in Moscow this weekend.
Italy is poised to sign an MoU with China concerning its support for the Belt and Road Initiative, and aims to sign this off during the visit of Chinese President Xi Jinping to Rome on March 22nd and 23rd.
Significantly, after Rome, Xi will visit the Sicilian port and city of Palermo.
The government has issued Decree 15/2019/ND-CP (“Decree 15”), effective from March 20, 2019, for foreign investors in the vocational education sector.
Decree 15 introduces new requirements for the sector, specifying conditions for establishment size, investment capital, training curriculum, and opening representative offices (ROs) or branches, among others.
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