Policy q Foreign Trade Policy : § Drafted by Director General of Foreign Trade under the Ministry of Commerce. The governing Act is Foreign Trade Development Regulation Act‚ 1992 and Rules framed there under. § Implemented with the help of various other Departments mainly Customs‚ Excise and RBI. § In order to understand the co-relation‚ one must get familiar with the various laws and functions of various departments. § As far as implementation is concerned‚ the co-relation of Foreign Trade Policy
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Foreign Direct Investment You are the international manager of U.S. business that has just developed a revolutionary new personal computer that can perform the same functions as existing PCs but costs only half as much to manufacture. Several patents protect the unique design of this computer. Your CEO has asked you to formulate a recommendation for how to expand into Southeast Asia. Your options are (a) to export from the United States‚ (b) to license an Asian Firm to manufacture and market
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relies heavily on the availability of the large number of foreign labour. Economic Report 2001/2002 stated the employment of 769‚300 workforces in the construction sector‚ foreign workers are estimated to constitute 70% (or 538‚500) of the construction workforce. The Malaysian Construction Industry has revamped its employment of foreign workers beginning the third quarter of 2002. As of today‚ approximately 300‚000 legal foreign workers are employed in the construction industry (Wong
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Employment and Labor Law Employment and Labor law initially arose out of protection for employee as a result of the outcomes being one-sided towards employers. There are four categories dealing with employment law. The most famous of these is the Employment at Will which is also known as the Law of Wrongful discharge to many. Pay and Benefits is another category to be mindful of when thinking in terms of Labor Law‚ this category also includes safety and privacy issues for the employee. The
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Age Discrimination in Employment Act (ADEA) of 1967 prohibits employers from discriminating against employees‚ or job candidates‚ on the basis of age. This law covers workers who are 40 years of age and older. An employer must have at least 20 workers to be covered by this law. The Equal Employment Opportunity Commission (EEOC) enforces the Age Discrimination in Employment Act. According to the Equal Employment Opportunity Commission (EEOC)‚ the Age Discrimination in Employment Act makes it unlawful
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contain so called “termination for convenience” provisions‚ operating independently of breach‚ default or frustration. Termination of a contract has been considered as the legal consequence of certain kinds of breach‚ repudiation or frustration. Frustration is automatic. Breach and repudiation arise where default has occurred. 2. Provisions for termination at the convenience of‚ or at the will of the contracting parties‚ or any one or more of them‚ have become known as “termination for convenience
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Consequences of Trade Restrictions and Tariffs How does imposing trade restrictions affect a country’s macro economic objectives? Nowadays all countries need to trade between themselves. Countries always lack of some type of good and the only way they can get them is by importing them from other countries which do produce the desired goods. However‚ countries many times import products they are able of producing and now‚ this isn´t a matter of need; it´s a matter of taste in order to give
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The Effects of Social Networking upon Society Social networking is a tool used by people all around the world. Its purpose is to promote and aid communication. However‚ this type of technology might be doing more harm than good. It is not only changing how we communicate‚ but how we interact with each other in daily life. Sarah Zay‚ of USA Today‚ stated that “With the rise of websites such as Facebook‚ social networking may be on the verge of replacing traditional personal interactions for the
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Mewar Textiles Mills Ltd. Vs Sita Ram Basanti Bai Jain Introduction The case we are discussing about is Mewar Textiles Mills Ltd. Vs sita ram basanti jain in which sita ram is an agent who was working for mewar textile mills Ltd. Which is the respondent of this case .in this particular case the plaintiff pleads that he has provided his services which are not being treated well . the plaintiff dispatches some wagons of coal as an agent to the textile mills at a price of 11936/78 paisa .
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Foreign Direct Investment in Nepal Current status‚ prospects and challenges Ratnakar Adhikari SAWTEE Working Paper No. 01/13 Foreign Direct Investment in Nepal Current status‚ prospects and challenges Working Paper No. 01/13 South Asia Watch on Trade‚ Economics and Environment (SAWTEE) 26 Mamata Galli P.O. Box: 19366 Tukucha Marg Baluwatar Kathmandu Nepal Tel: 977-1-4444438 / 4424360 Fax: 977-1-4444570 Email: sawtee@sawtee.org Web: www.sawtee.org Views expressed in SAWTEE
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