India EU trade deal : in view of immigration

http://timesofindia.indiatimes.com/business/india-business/India-EU-trade-deal-may-nullify-UK-migration-cap/articleshow/6719964.cms

Quote from the article -

"India has insisted on increased mobility for its skilled workers in return for reduced tariffs on European products and the lifting of some restrictions on businesses bidding for public procurement contracts".

What this essentially means is that, if this trade deal goes through, Indian workers (highly skilled, like us) will be able to work in any EU country under contract. This will also mean an increase in worth of 3.9 billion pounds a year for the whole European economy, much needed in times of recession.

This also means that, once this deal is through, UK will be bound by this EU agreement and companies in UK will be able to recruit Indian workers in sectors such as information technology, management consultancy and engineering. This would mean bypassing the annual limit of immigration set by the conservative government earlier this year. It will not be a surprise if this deal gets immense criticism and opposition from within UK, as limiting the immigration is one of key promises of this coalltion government.

The mere fact that India can dictate terms to EU/UK, makes me feel good. But a free trade between countries, and free flow of highly skilled workers will always be beneficial for both parties.

The deal is due to be signed in December, and only time will what will be its fate.

Reference:

Read article in timesofindia oct 9th 2010