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Hands up who though Cameron would cut ICTs?

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    #21
    Originally posted by HairyArsedBloke View Post
    This is another thing that has puzzled me. The risk assessment as part of the due diligence prior to outsourcing such vital functions to that part of the world surely must have flagged the instability internally and in the region as a major issue. However, risk / reward judgements have been a bit off in the business world of late (some say for a long time).
    There does seem to be a "House prices never fall" mentality at work here.
    Behold the warranty -- the bold print giveth and the fine print taketh away.

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      #22
      Originally posted by HairyArsedBloke View Post
      It's the Quid Pro Quo that is the problem.

      For all the opening up of their markets, the Indians will demand that there will be no constraints on ours.
      From the Telegraph article

      India's infrastructure is famously creaky, but the main barrier is bureaucratic. Numerous sectors in India are still restricted to foreign operators, particularly the banking, insurance, retail and legal services industries.

      "There are huge frustrations for UK companies", says Gomes, "particularly since the UK has no restrictions in return. This features in any ministerial meeting," he says.
      Behold the warranty -- the bold print giveth and the fine print taketh away.

      Comment


        #23
        Originally posted by ArgieBee View Post
        ICTs are not covered in the interim cap but the home office survey has a question asking if they should be:
        UK Border Agency | Limits on non-EU economic migration (June to September 2010)

        It can't hurt to fill it in and the government might be compelled to do something if there is an overwhelming call for ICTs to be capped.
        Not on your nelly!

        From the consultation document:

        Secondly, the UK has obligations under international agreements concerned with trade
        which place an obligation upon it to admit intra–company transferees. The UK is party to the World
        Trade Organisation’s General Agreement on Trade in Services (GATS) which requires it to provide
        access to managers and specialist staff who are nationals of a another party to the agreement,
        who are employed by a business established in the territory of that party, and who are posted to
        the UK branch of that business. Bilateral trade agreements concluded between the European
        Union and a number of other countries contain similar commitments.
        While these agreements do not prevent the UK applying Tier 2 criteria to such movements they do
        not provide for the imposition of a numerical limit upon them and the UK would be in breach of its
        obligations if it imposed such limits.

        The weight to be attached to the latter consideration needs to take account of the
        UK’s national interest as an exporter of services and inward investors overseas. The UK has a
        strong interest in ensuring that other countries provide equivalent access to the personnel of UK
        businesses who are posted to branches of those businesses overseas. The UK’s ability to negotiate
        agreements guaranteeing such access would be undermined if it restricted such access domestically.
        They will hide behind that and leave UK workers to suffer with any form of help.
        How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.

        Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
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        "We hang the petty thieves and appoint the great ones to high office" - Aesop

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          #24
          The trade commitments are for intra corporate transfers for senior managers who report to the board and specialists with uncommon knowledge essential to the establishment.

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