Reliance Industries terminates US lobbying

Jan 20 2013, 16:34 IST
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Company had put on hold its lobbying activities here for the past five quarters. (Reuters) Company had put on hold its lobbying activities here for the past five quarters. (Reuters)
SummaryCompany had put on hold its lobbying activities here for the past five quarters

pushing further their business interests in India, which is emerging as a major market for various businesses for global companies.

Similarly, some Indian companies have also been lobbying for their business interests among the US lawmakers for past few years while Reliance Industries has been one of the major Indian entities lobbying there.

In the recent years, RIL has expanded its presence in the US and other foreign countries, while the US government's policies are as such said to have significant implications for most of the large corporations across the world.

RIL's behalf, BGR has lobbied with the US Senate, House of Representatives, Department of State and the US Government Accountability Office, among others.

BGR has lobbied for RIL in the areas of 'domestic and foreign trade' and has provided "strategic counsel on issues related to trade", as per its lobbying disclosure reports.

In the first eight quarters of its lobbying activities (from 2009 to 2010) in the US, RIL had paid USD 190,000 every quarter, while the payments made to BGR later dropped to USD 120,000 in the last three quarters (between January to September 2011) when some lobbying work was done.

The Indian government has paid its lobbyist close to USD five million (about Rs 25 crore) since it began lobbying in the US in September 2005. It has paid USD 180,000 (about Rs one crore) every quarter to its lobbyist for more than two years now.

On behalf of the Indian government, BGR has lobbied at the US Senate, House of Representatives, US Trade Representative (USTR), Department of State and Department of Commerce in the area of bilateral relationship between the two countries, while its lobbying issues in the past have included the US-India civil nuclear deal.

In case of Nasscom, its main lobbying areas now include visa and employee immigration issues of various Indian IT companies, which have a significant market in the US.

For the quarter ended December 31, 2012, Nasscom paid USD 70,000 to BGR, while its other lobby firm Lande Group got USD 30,000 for this period. Similar amounts were paid to the two lobby groups in the previous two quarters as well.

Nasscom has been lobbying in the US for about ten years and figures among the Indian entities having indulged in such activities for the longest so far. Its total lobbying bill since 2003 exceed USD 4 million.

Other Indian entities having indulged in lobbying activities in the US in

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