DHL aims to link Indian businesses with ASEAN economic community
Sunday, April 22,2018AsemconnectVietnam - Global logistics group Deutsche Post DHL Group is working to link Indian companies with businesses in the ASEAN Economic Community (AEC) to strengthen India’s economic relations with Southeast Asian markets. “India is a key market for us. We will help our clients there to work their way into the AEC, which will in turn be a springboard to the Far East markets in line with New Delhi’s ‘Act East’ policy,” said Alfred Goh, President, Global Fast Growing Enterprise and Regional Head, Customer Solutions and Innovation Asia Pacific, DHL.
“Having been part of the GST process development from an early stage, we now have a very good understanding of the new single tax regime, which India-bound foreign investors are trying to learn,” he said.
It drove further growth in two-way trade between India and ASEAN – as of 2012, this figure stood at USD 79.86 billion, surpassing its initial USD 70 billion target.
With India’s “Act East” policy and the Indian and ASEAN governments goals of connecting the South and Southeast Asian markets, the existence of a platform will allow India companies to have easier access to the Southeast Asian zones.
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