Under what conditions am I allowed to establish trade? To transact business citizens of one country must be assured that they will be treated fairly in another country. In today’s global market place,especially in India, the conditions for doing business are undergoing rapid change. Consequently and at least for ASIS, one can look upon the establishment of the Indian common market as a means to assure that citizens from member nations get equal treatment with regard to business and economic activities they carry out within the common market . In Indian the rules for the governance of business activities within the common market are being written as we speak.
GRASS ROOT FOUNDATIONS OF GLOBAL BUSINESS ISSUES
In comparison at this time India is in a climate of severe uncertainty . Consequently this market displays substantial political risk and it is likely that political forces could drastically change the business environment at a moment’s notice,affecting profit and other business goals. Unlike in other parts of the world treaties with the new nation-states are few and most are concerned with world peace not trade or economic activity . In contrast,outside the old communist block, treaties of friendship, commerce and navigation give Asia citizens the right to nondiscriminatory treatment in trade, the reciprocal right to establish a business and particularly to invest in the 43 countries with which the Asia states has signed these agreements.