Bilateral relations and trade agreements key to self sustainance !
Bilateral agreements and international trade relations are key to self sufficiency and self sustaining economic balance in trade.
Major trading partners must have balanced relationship and economic justice in trade. National trade policy should aim for trade surplus and self reliance.
Key trading nations should have bilateral agreements and pact signed for hassle free trade and that should promote technology transfer and employment opportunities.
Free trade agreements should protect local and regional markets, local producers and home made technology. The aim of FTAs should be to ease business opportunities for greater good and promoting business development across regions.
Business empowers all aspects of development and creates peace amongst nations. Bilateral agreements may funnel partnership, participation, purpose and profit in businesses across regions.
WTO, national courts, company law tribunal, export import promotion bodies and Competition Commission of India (CCI) all have responsibilities to spur balanced trade and business sentiment across regions.
Business operations and opportunities shall create more cascading effects to develop new markets & economic systems in the regions.
- Prof. Mohd Ossama
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