India: UK is our entry point to EU

[AgnesIO]

Prime Minister Modi: We view the UK as our entry point to the EU.

Modi is currently in the UK in a historic visit (first Indian PM in a decade to visit the UK). In today's message he highlighted the importance of the UK to India.


http://ichef.bbci.co.uk/news/904/cpsprodpb/12133/production/_86653047_b0317324-3da4-4c03-9e1d-ae892c12a4a1.jpg


Current negotiations between the UK and India are a "huge moment for our two great nations", India's PM Narendra Modi has said on his visit to Britain.
In a speech to Parliament, he said the two countries needed to create "one of the leading global partnerships".


Mr Modi and David Cameron are due to sign deals between Indian and UK firms worth more than £9bn.


The leaders said they would collaborate on issues including finance, defence, nuclear power and climate change.


Mr Modi, whose three-day visit is the first by an Indian prime minister in a decade, said India's relationship with the UK was of "immense importance".


He also said that India viewed the UK as its "entry point to the EU".


"Yes we are going to other European countries as well, but we will continue to consider the UK as our entry point to the EU as far as possible," he added.


Not a fan of the BJP or Modi at all, but interesting to note yet another benefit of the UK being in the EU.

[-:Undertaker:-]

What does an entry point mean? I'm asking you directly conservative; as you seem to see a benefit here. Describe what this means.

In any case, the article I posted last week predicted this outright: http://www.habboxforum.com/showthread.php?t=830964


David Cameron is calling in favours from world leaders at present. He wants them to opine that Britain, everything considered, ought to stay in the EU. They often oblige: heads of government do that sort of thing for each other. So we may be pretty certain that, when India’s Narendra Modi comes to London next week, Britain’s PM will try to charm him into saying that India is happy for the UK to retain its current arrangements.

The trouble is, it’s not true. I have spent the past week in India, talking to business, university and political audiences in Bombay, Bangalore and New Delhi. I haven’t come across a single Euro-enthusiast. What I’ve heard, instead, is frustration at the EU’s nine years of delay over negotiating a free trade agreement, and annoyance at the way Brussels rules on free movement discriminate against Commonwealth nationals, including those with strong family links to the UK.

[abc]

BJP is much better than the corrupt Congress and the Gandhis. They have drained India and used the resources to fill their pockets instead of helping the country. At least Modi is helping India by promoting exports, clamping down on corruption and has cut red tape which means Indian tourism has increased ten fold since he was elected.

He is one of the best PMs India has had in a very very long time and the support for him has been shown by the fact Wembley will be full tomorrow (an event which you needed a invite code to even register to!). I am going to see him speak at the stadium tomorrow, should be interesting to see what he has to say.

[-:Undertaker:-]

BJP is much better than the corrupt Congress and the Gandhis. They have drained India and used the resources to fill their pockets instead of helping the country. At least Modi is helping India by promoting exports, clamping down on corruption and has cut red tape which means Indian tourism has increased ten fold since he was elected.

He is one of the best PMs India has had in a very very long time and the support for him has been shown by the fact Wembley will be full tomorrow (an event which you needed a invite code to even register to!). I am going to see him speak at the stadium tomorrow, should be interesting to see what he has to say.

From what I know of PM Modi I like him, he's an economic reformer and did well in his state with free market ideas from what I have read.

My Sikh friend can't stand him on the other hand.

[AgnesIO]

BJP is much better than the corrupt Congress and the Gandhis. They have drained India and used the resources to fill their pockets instead of helping the country. At least Modi is helping India by promoting exports, clamping down on corruption and has cut red tape which means Indian tourism has increased ten fold since he was elected.

He is one of the best PMs India has had in a very very long time and the support for him has been shown by the fact Wembley will be full tomorrow (an event which you needed a invite code to even register to!). I am going to see him speak at the stadium tomorrow, should be interesting to see what he has to say.

In fairness, you can't get much worse than Rahul :L Modi's government is generally pretty good... if you're Hindu.


From what I know of PM Modi I like him, he's an economic reformer and did well in his state with free market ideas from what I have read.

My Sikh friend can't stand him on the other hand.

Hardly a surprise.

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Entry point into the EU = invest FDI in a country in the EU, gain access to the markets. Read: Nissan.

[-:Undertaker:-]

Entry point into the EU = invest FDI in a country in the EU, gain access to the markets. Read: Nissan.

My dear, we receive Foreign Direct Investment because we're a good place to do business. Not because we're in a political union.

[AgnesIO]

My dear, we receive Foreign Direct Investment because we're a good place to do business. Not because we're in a political union.

We're a good place to do business partially because of our involvement in the EU. If we're not inside, it makes more sense to go to a country that is a part of it.

[-:Undertaker:-]

We're a good place to do business partially because of our involvement in the EU. If we're not inside, it makes more sense to go to a country that is a part of it.

So a company would go to another EU country if we left the EU simply because we're not in the EU? Even if we are a better place to do business?

[AgnesIO]

So a company would go to another EU country if we left the EU simply because we're not in the EU? Even if we are a better place to do business?

The question is whether we would be better place to do business, given we would no longer be an easy entry route to another few hundred million people. Of course, if it was the case that we were still the better place to do business then you'd still set up here. The key part; if.

[-:Undertaker:-]

The question is whether we would be better place to do business, given we would no longer be an easy entry route to another few hundred million people. Of course, if it was the case that we were still the better place to do business then you'd still set up here. The key part; if.

What on earth are you on about with entry routes? If an Indian, Chinese, Taiwanese company wants to sell 600,000 bicycles or laptops to Austria, then it will sell 600,000 laptops to Austria. That has nothing to do with Britain, the laptops and bicycles won't even go through Britain they'll go through the Dutch port of Rotterdam.

The only 'entry route' would be financial services for Britain, and that is a strength that the EU is trying to hurt with its financial transactions taxes it wants to impose. The City of London isn't a mere European 'entry route' it is a global hub hence why it competes on a level of New York, Hong Kong, Singapore and Tokyo. I am so bored of these meaningless debate phrases that mean jack all. Business takes place where it is attractive to do business, like we've been since the 1600s and Industrial Revolution. And let me remind you: Britain will be the only European economy in the global top ten by 2050.