Sunday, August 1, 2010

Trade Mission in India

A very well intentioned trade mission to India by Cameron, trying to open up restricted markets - I'm sure we have some businesses other than defence that could benefit from that.

The news reports gave the predictable export of BaE Hawk jets, being manufactured under licence. But the irony now is India is probably thinking "why do we need you" and it is more likely that there conglomerates will buy remaining industries over here.

Still a good realisation of where the exports have to go if we are to recover, but a country that thrives on excessive regulation and no shortage of wheel greasing (read: corruption)

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