Reply #8: Here [View All]

[Billy Burnett]

http://www.csmonitor.com/World/Asia-South-Central/2010/1105/Obama-aims-to-deepen-US-economic-ties-with-India.-But-what-about-Wal-Mart/(page)/2

The US-India Business Council – the business group hosting Obama’s summit on Saturday – disagrees.

“The Indian retail sector is ripe for liberalization and greater international participation. Liberalization can have enormous positive effects by creating new and better employment opportunities, by introducing modern retail formats and technology, and by modernizing supply chain management and distribution,” the group says.

India’s Ministry of Commerce published a discussion paper in July that signaled government openness to opening the sector. While acknowledging concerns about wide-scale job losses, the paper noted that supply chains in India lack investment and innovation.

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http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=433x511532


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