In particular, opening should be sought in international public procurement, telecoms, transport, financial and digital services, curbs on third countries restrictive practices against EU firms, such as forced data localisation or foreign equity caps
, and less red tape for SMEs, which lack the financial and human resources needed to navigate international trade rules.
Banks, such as HSBC, want the equity caps that limit their participation to be more than doubled, according to document seen by Europolitics.
The European Service Forum (ESF), which represents the service industry in Brussels, is working in close contact with DG Trade to amend the equity cap imposed by South-East Asia's second most populated market.
In addition, the ETF may invest up to 20% of its assets in instruments that provide exposure "to the component securities of the index," including futures contracts; options on securities, indexes and futures contracts; equity caps
, collars and floors; swap agreements; forward contracts and reverse repurchase agreements.
New Delhi, Sept 15 ( ANI ): Welcoming further liberalization of FDI Policy through increase in equity caps
in Civil Aviation, Power Trading Exchanges, Broadcasting and opening up of Multi Brand Retail for FDI, Mr Adi Godrej, President CII said that "today's announcements on FDI Caps has restarted the reform process", in a press statement.
Yet, equity caps
limit the size of potential new inflows, while national security concerns might prompt more oversight of FDI approval processes.
Gutierrez, who succeeded Donald Evans in his cabinet post, is already familiar with the financial and political situation in the Middle East, having made a well-regarded trip in 2006, during which he argued forcefully that the world's main oil producer - Saudi Arabia - could attract more investment to strengthen and diversify its economy by relaxing equity caps
on foreign business ownership.
Two noted authors, Michael and Anthony Perkins, created a market basket of Internet stocks, as of June 11, 1999, based upon 13 publicly traded Internet companies with equity caps
of $100 million or greater.