Forum Views ()
Forum Replies ()
Read more with google mobile :
India says US protectionism is regressive
Yahoo!
My Yahoo!
Mail
More Yahoo! Services
Account Options
New User? Sign Up
Sign In
Help
Yahoo! Search
web search
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Singapore
Asia Pacific
World
India says US protectionism is regressive
AFP - Sunday, September 12
Send
IM Story
Print
India says US protectionism is regressive
Slideshow: Full Photo Coverage: Business & Economy
BANGALORE (AFP) - – India's trade minister lashed out at perceived protectionist moves by the US on Saturday, calling them "regressive" and saying they could delay economic recovery.
The statement by Trade Minister Anand Sharma came after the state of Ohio banned outsourcing back-office jobs to places such as India in an effort to boost domestic employment.
It also follows a recent US law raising visa fees for skilled workers, that will India says will hit its flagship outsourcing sector.
"We feel these are regressive measures," Sharma told reporters as he visited India's second-largest software exporter by sales, Infosys Technologies, in the southern city of Bangalore.
"The leading economy of the world -- the United State of America -- has to have more confidence to engage with the rest of the world," Sharma said in televised remarks.
Ohio state has banned sending abroad government information technology and back-office projects.
India said earlier in the week it would formally raise its concern over Ohio's ban on offshore outsourcing with the United States at a high-level trade meeting in Washington later this month.
New Delhi will also raise the issue of increased fees for skilled worker visas that will boost annual US visa costs for the outsourcing sector by 200-250 million dollars annually, according to industry estimates.
"Protectionist tendencies are unhealthy and negative, and lessons from the past make it abundantly clear they end up deepening the recession, they do not help in recovery of economies," Sharma said.
"Any mindset, which is isolationist and inward-looking ends up hurting the economies and societies," he said.
The US measures have come as the country seeks to combat unemployment, which is nearing 10 percent.
The row comes ahead of US President Barack Obama's visit to India in November.
Recommend
Send
IM Story
Print
Related Articles
US-BUSINESS Summary Reuters - 48 minutes ago
BAE puts North American units up for sale: sources Reuters - 49 minutes ago
Iceland panel wants charges over 2008 bank collapse Reuters - 1 hour 27 minutes ago
Enbridge digs up leaking Illinois pipeline Reuters - 2 hours 1 minute ago
Greek PM offers some tax relief, but no handouts Reuters - 2 hours 8 minutes ago
News Search
Top Stories
Barca humbled by Hercules, Mourinho gets first win
Ceremonies in NY, Washington mark 9/11 anniversary
Superbugs top focus of leading microbiology meet
Recession has left huge hole: Obama
Germany's HRE bank gets 40 bln euros in guarantees
More Top Stories »
ADVERTISEMENT
Most Popular
Most Viewed
Most Recommended
US pastor puts Koran-burning on hold
Vitamin B 'could delay Alzheimer's onset'
Ceremonies in NY, Washington mark 9/11 anniversary
Recession has left huge hole: Obama
Nokia appoints Microsoft executive as new CEO
More Most Viewed »
Climate: New study slashes estimate of icecap loss
Earth's upper atmosphere shrinking, scientists say
Tiger's ex breaks her silence on sex scandal
US pastor puts Koran-burning on hold
Japanese rider Tomizawa dies in San Marino Moto2 GP
More Most Recommended »
Elsewhere on Yahoo!
Financial news on Yahoo! Finance
Stars and latest movies
Best travel destinations
More on Yahoo! News
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Subscribe to our news feeds
Top StoriesMy Yahoo!RSS
» More news feeds | What are news feeds?
Also on Yahoo!
Answers
Groups
Mail
Messenger
Mobile
Travel
Finance
Movies
Sports
Games
» All Yahoo! Services
Site Highlights
Singapore
Full Coverage
Most Popular
Asia Entertainment
Photos
World Cup 2010
Yahoo! News Network
Copyright © 2010 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved.
Privacy Policy
- Terms of Service
- Community
- Intellectual Property Rights Policy
- Help
Other News on Sunday, 12 September 2010 Iraq to pay for U.S. abuse claims vs Saddam regime
Greek PM offers some tax relief, but no handouts
|
Karzai marks 9-11 with appeal over civilian deaths
Karzai marks 9-11 saying don't kill civilians
Ceremonies in NY, Washington mark 9/11 anniversary
Iranian diplomat resigns in Finland
|
Up to 10 killed in Iran pipeline blast: report
|
Brazil says U.S. spat signals tough security reform
|
Denmark raises terror preparedness after hotel blast
|
Car loaded with explosives disabled in Mexico
|
Europe still divided on China arms embargo
Eid protests hit Indian Kashmir
Coppola wins Venice filmfest's Golden Lion for 'Somewhere'
Sofia Coppola's film on celebrity wins in Venice
Helen Mirren stars in film of "Tempest" with twist
Historian Irving says Auschwitz is like 'Disney'
Russia fires official over 'push-up humiliation'
India says US protectionism is regressive
Taiwan says China trade pact to take effect Sunday
Sofia Coppola's film on celebrity wins in Venice
|
Firth stammers to success in The King's Speech
|
De Niro and Norton down for acting rematch in Stone
|
Afghan president condemns 'international terrorism'
Iran ready to free detained American woman on bail
|
9,000 demonstrate for Catalonia's independence: report
Dance like Michael Jackson in new video game
China's top diplomat steps up pressure on Japan
|
Turkey holds referendum on constitutional changes
Barclays chief hits back at 'casino banker' critics
BAE Systems to sell some US assets: report
Denmark raises terror preparedness after hotel blast
|
Doomsday warnings of US apocalypse gain ground
7,500 Germans rally for greater data privacy
In power to 120 years old: Putin, Berlusconi joke at summit
Row over UN inspectors in Iran to dominate IAEA meet
Kim Clijsters defends US Open title
NATO says 5 insurgents killed in Afghanistan
Turkey holds referendum on constitutional changes
|
Champion Klitschko knocks out Peter
Corrected
Dueling protests over New York mosque near Ground Zero
Pirates attack Japan ship, no crew injured: report
|
Karzai marks 9/11 with appeal over civilian deaths
Barca humbled by Hercules, Mourinho gets first win
Up to 10 killed in Iran pipeline blast
Malaysian PM urges way to resolve border dispute
Aussie ex-PM Rudd will not steal the show: Gillard
Coppola wins Venice filmfest's Golden Lion
Sebastien Ogier wins Rally of Japan
UK says needs global military force post-Afghan
|
All Blacks achieve perfect 10 but flaws exposed
U.S. tensions over Koran spark isolated incidents on 9/11
China warns Japan to make 'wise' decision in boat row
US drone strike 'kills five militants' in Pakistan
Pirates attack Japan ship, no crew injured
Bulgaria border town opens arms to one-time foe
Logging spells danger for Europe's last primeval forest
Taiwan turns plastic junk to 'green' gold
China's top diplomat steps up pressure on Japan
Coppola wins Venice filmfest's Golden Lion
China summons Japanese ambassador again over boat
Schwarzenegger checks out China's high-speed rail
Trapped miners in Chile: a movie in the making
Market bomb defused in Myanmar: state media
Stammering king welcomed at Toronto film festival
Taiwan-China pact to reduce tariffs takes effect
'Trust' star urges kids to be wary of online predators
Lincoln assassination film opens in Toronto on 9/11 anniv
Top prize at Deauville film fest for 'Mother and Child'
Love on the net wins Egypt hearts in Ramadan soap
US-ENTERTAINMENT Summary
Firth stammers to success in The King's Speech
|
French 'New Wave' film director Claude Chabrol dies
Italy's Roma wonder about 'legal' camps
Two Afghans killed as Koran protests simmer
|
Netanyahu silent on Obama settlement freeze remarks
|
Iran to release US detainee on $500,000 bail
Finesse needed on difficult Iran: Russia senator
|
New Zealand authorities may extend quake emergency
Afghans protest against Koran burning for third day
Danish police play down report on newspaper threat
|
Turks vote in divisive referendum
China investigates former football boss
Civilian casualties possible in Afghan strike: NATO
|
Four killed in clashes in northern Iraq
|
Clashes erupt in Indian Kashmir as hundreds defy curfew
|
Relative: Spat began Ky. rampage that killed 6
$4.2M Venture To Speed Auto Battery Sales Launched By GM and Itochu Technology
Landlord Faces $84K Penalty For Lead Paint Warning
Police Stop Truck Near Controversial Pastor's FL. Church; Loaded Shutgun Found
Bin Laden Deep Underground But Terror Network Expanding, Says Obama
Schwarzenegger says California to bid for Expo 2020
Brooklyn Mom Stabs Husband After Finding Porn DVD
Attacking Shark Punched by Surfer, Photo Taken
Sweeping Taiwan, China trade pact takes effect
Obama Declares U.S. Not At War With Islam, Urges Tolerance
French New Wave film director Chabrol dies aged 80
9/11 Anniversary Marred By Public Debates
East Germany 'closing' economic gap with west
Floridas Horizon Bank Shuts Down, Ozarks Bank Takes Over
Favoritism charges follow Tarantino Venice awards
UK top tax man's apology to 1.4 mln people
S.Africa band barred from Zimbabwe over Mugabe video
French New Wave film director Chabrol dies aged 80
|
Favoritism charges follow Tarantino Venice awards
|
England cricket bosses to crack down on tweeters
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights