Assocham urges govt for bilateral talks to resolve visa, permanent magnets issue during BRICS
Assocham has written to the Ministry of External Affairs proposing a structured inter-ministerial engagement with China's ambassador to address visa curbs, technology movement, and supply chain issues affecting Indian manufacturing. The letter cites difficulties in obtaining business visas for Indian executives, delays in export licensing for rare earth permanent magnets, and interruptions in shipments, which have disrupted project schedules. Assocham has requested specific measures including predictable licensing timelines, reciprocal visa facilitation, and continuity of shipments.
Why it matters: This relates to the theme of supply chain resilience, as it highlights how visa and licensing barriers with China are affecting Indian manufacturing and project timelines.