36. Recognises that the Indian software and services industry has trebled in size in the past five years and is now worth EUR 20 billion; notes that much of this growth has come from Western vendors outsourcing development work to India; considers that the EU can take advantage of a major movement of highly qualified and skilled Indian workers but should avoid creating a "brain drain" effect on the development capacities of India; calls on the High Level Trade Group to explore an agreement on the movement of skilled workers under Mode 4, so that Indian IT experts can work in the EU after their studies, providing a source of qualified ...[+++]manpower and justifying the investments of EU higher education systems; notes that software companies are a magnet for associated companies and the service industry and infrastructure requirement that will accompany them, which can boost regional economies and provide other employment opportunities for local people;

36. Recognises that the Indian software and services industry has trebled in size in the past five years and is now worth EUR 20 billion; notes that much of this growth has come from Western vendors outsourcing development work to India; considers that the EU can take advantage of a major movement of highly qualified and skilled Indian workers but should avoid creating a "brain drain" effect on the development capacities of India; calls on the High Level Trade Group to explore an agreement on the movement of skilled workers under Mode 4, so that Indian IT experts can work in the EU after their studies, providing a source of qualified ...[+++]manpower and justifying the investments of EU higher education systems; notes that software companies are a magnet for associated companies and the service industry and infrastructure requirement that will accompany them, which can boost regional economies and provide other employment opportunities for local people;

34. Recognises that the Indian software and services industry has trebled in size in the past five years and is now worth EUR 20 billion; notes that much of this growth has come from Western vendors outsourcing development work to India; considers that the EU can take advantage of a major movement of highly qualified and skilled Indian workers; calls on the High Level Trade Group to explore an agreement on the movement of skilled workers under Mode 4, so that Indian IT experts can work in the EU after their studies, providing a source of qualified manpower and justifying the investments of EU higher education systems; notes that soft ...[+++]ware companies are a magnet for associated companies and the service industry and infrastructure requirement that will accompany them, which can boost regional economies and provide other employment opportunities for local people;

SRRC: | Somali Reconciliation and Restoration Council |

It shows that the policy of flexible forms of work is alive and kicking, it exacerbates the exploitation of the workers and it confuses the fight of the workers' movement.

(18) There is a necessary link between the objective of this Directive and the liberalisation of capital movements being brought about by other Community legislation. In any case the measures regarding the liberalisation of banking services must be in harmony with the measures liberalising capital movements.