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News India Live, Digital Desk: Piyush Goyal Us Visit: India and America, the world’s two major economies, are constantly working towards strengthening their business relations. In this connection, India’s Commerce Minister Piyush Goyal is visiting the US on 22 September. The main objective of this tour is to increase trade between the two countries and resolve some old stuck issues.
The good news is that the two countries have ended the 6 disputes against each other in the World Trade Organization (WTO) with mutual consent. Its direct benefit has started getting to the common people and traders. While the US has removed the additional tax on some products such as steel and aluminum coming from India, India has also removed the counter tariffs on about 8 products such as apples, almonds and dal coming from the US.
This step is a positive signal towards a large “trade deal” between the two countries.
But the reason for real concern is something else – Trump and H1 -B visa
On the one hand, while everything is looking good on the business front, on the other hand the political atmosphere of America has increased the concern of Indian professionals. The presidential election in the US is near and former President Donald Trump is once again in the fray. You will remember that Trump was quite strict about the H1-B visa in his previous term.
What is H1-B visa and why is it so important for Indians?
The H1-B visa is a non-immigrant visa that allows American companies to hire foreign professionals, especially in technology and IT sector. Thousands of talented young engineers, doctors and scientists of India go to work in America and fulfill their dreams through this visa. It is also very important for Indian IT companies.
Why is the return of Trump afraid?
Donald Trump follows the policy of “America First”. They believe that American jobs should first get Americans. In his previous term, he had made the rules of the H1-B visa very strict, due to which it became difficult for many Indian professionals to get jobs and stay in America. He complicated the process of visa application and many applications were also rejected.
Now if the trump comes back after winning the election, then it is being feared that they may make the H1-B visa policy even more strict. They can limit the number of visa or to give jobs to foreign employees and make them expensive for companies.
What is the meaning of India?
- Effect on Indian professionals: If the H1-B visa rules are strict, then the number of Indian professionals going to America may decrease a huge decrease.
- Effect on trade deal: Even though business and visa are two different issues, they have a deep connection with each other. If the US closes doors for Indian professionals, it can also affect the warmth of business relations between the two countries.
Currently, Piyush Goyal’s visit to America focuses on improving business relations, but the issue of H1-B visa will also be a untold part of the conversation somewhere. India would like its skilled professionals to get opportunities to work in America, while the future politics of America will decide how easy or difficult this path will be.
