Dr Charles Tannock

Member of the European Parliament for London

EU report amended

Greater Kashmir - 21 December 2006

Srinagar: President Kashmir Chamber of Commerce and Industry said that due to the persistent efforts by KCCI and Dr Charles Tannock, MEP, amendments have been made in paragraph 37 of the draft report by Emma Nicholson on Kashmir submitted to European Parliament.

The paragraph reads: “Encourage EU multinationals to recognize the investment potential of Jammu and Kashmir, and in particular the existence of a skilled, educated workforce; suggests that European businesses might enter into joint ventures with local companies and that investment insurance schemes be created to boost investor confidence; calls on all parties to support and facilitate the Kashmir Chamber of Commerce and Industry to be represented at international trade fairs in the EU to promote their products for export.”