Tag: guarantee
Kuwait rejects India’s bank guarantee measure for recruiting domestic helpers
The India government has backed down on a move to implement a KD720 ($2450) bank guarantee for Kuwaiti employers of Indian workers. Kuwait had threatened to ban Indian expatriates moving to the country in response to the guarantee payment, announced in September, during high level diplomatic talks with the Indian ambassador to Kuwait.
Source : ArabianBusiness (04.01.2015)
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