EU welcomes Indian professionals in Europe after Trump’s clampdown on H1B visa
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The European Union said it is prepared to accommodate more Indian IT professionals and denounced any form of protectionism in global trade, in the midst of anxiety in India over the Trump administration's possible clampdown on Pushing for more profound trade ties with India, a delegation of European Parliament's Committee on Foreign Affairs additionally expressed "regret" over failure by both sides to continue the slowed down discourse to firm the long-pending EU-India trade and speculation settlement.
Criticising the new US government's protectionist rhetoric which triggered fears in Europe as well, head of the delegation
"Europe is open for people with high demand. Indian people are highly skilled. Our IT sector would not have been successful if we did not have skilled professionals from India," he said.
Soon after taking over last month, Trump had decided to overhaul the work visa programs like the H-1B and L1, a move that will adversely hit the lifeline of Indian tech firms and professionals in the US.
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Pressing for early resumption of negotiations for the EU -India Broad-based Trade and Investment Agreement (BTIA), McAllister said the delegation urged the Indian leaders to resume the talks as the pact will significantly boost two-way trade.
"We deeply regret that we are not being able to move ahead. We will use the visit to call for resumption of talks for the agreement," he told reporters.
The EU delegation, the second one here, will hold talks with a number of Union Ministers, National Security Adviser
An
The BTIA talks have been stalled since May 2013, when both sides failed to bridge substantial gaps on crucial issues, including data security status for IT sector.
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Launched in June 2007, negotiations for the proposed agreement have witnessed many hurdles as both the sides have major differences on crucial issues.
Delegation member Urmas Paet said the EU would like to have the trade pact with India on the lines of the recently concluded EU-Canada trade deal, which features a new mechanism on investment protection and dispute settlement.
India has already made it clear that it will not allow investment to become part of any global agreement that allows investors to challenge governments in an international tribunal.
In the EU-India Summit in Brussels last year, the two sides had failed to make any announcement on resumption of the negotiations as many bottlenecks still remain.
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