The January 2017 issue of The Dollar Business analyzes the significant global events of 2016, including Trump's election, Brexit, and India's GST, and their anticipated impacts on world trade in 2017. With improved global trade sentiments, the issue explores whether 2017 will see major changes in trade practices and economic recovery. It features insights on various topics, including the frozen shrimp export market and Botswana's economic ties with India.

1. www.thedollarbusiness.com Vol.4 Issue 01 January 2017 100 $2
H.E. LESEGO ETHEL MOTSUMI
High Commissioner of
Botswana to India
HARISH RAWAT
Chief Minister, Uttarakhand
PETER SCHIFF
President & CEO,
Euro Pacific Capital Inc.
HARRY S. DENT JR.
Founder, Dent Research
RACHEL ZIEMBA
MD, Emerging Markets & Global
Research, Roubini Global Economics
...AND MANY MORE!
EXCLUSIVE INSIDE
Plastic toys
No kidding!
Low risk, high demand & great margins
Frozen shrimps
A prize catch, indeed
What makes India its largest exporter
Policy focus
Brand rate fixation
All you wanted to know about the scheme
WHAT’S IN STORE FOR
GLOBAL TRADE IN
WORLD TRADE SENTIMENTS IMPROVED IN 2016. DESPITE BEING A YEAR LITTERED
WITH NATURAL AND MAN-MADE SHOCKS, IT PROVED THE VALIDITY OF THE ECONOMIC PRINCIPLE
OF UPTURN-AND-DOWNTURN CYCLES. WITH 2017 PROMISING TO BE A BIGGER INNING FOR
GLOBAL ECONOMICS, THE DOLLAR BUSINESS ANALYSES KEY ELEMENTS THAT WILL DECIDE
THE FATE OF WORLD TRADE IN THE NEW YEAR.

2. 6 THE DOLLAR BUSINESS II JANUARY 2017
President (VMPL) : Steven Philip Warner
& Editor-in-Chief
EDITORIAL & RESEARCH
Editor : Manish K. Pandey
Executive Editor : Indranil Das
Associate Editor (Print) : Andres Meren Molier
Associate Editor (Online) : Sheela Mamidenna
Senior Editor (Print) : Niladri S. Nath
Assistant Editors (Print) : Neha Dewan, Ahmad Shariq Khan,
Sairaj Iyer, Manishika Miglani,
Anishaa Kumar
Assistant Editors (Online) : Aamir Hussain Kaki
Principal Correspondent : Deepak Kumar
EDITORIAL CONSULTING BOARD
Founder & Editor : Anil Goyal
Publisher : Avnish Goyal
Chief Consulting Editor : Dr.A. K. Sengupta
Editorial Advisors : Dr. N. K. Goyal (CMAI),
Atul Kumar Saxena (IIA)
ADVERTISEMENT SALES & MARKETING
Associate Vice-President : Lalit Seth
Deputy GeneralManager : Roosevelt Fernandes
AssistantManager : Maitreya Biswas
SeniorExecutive : Ayesha Fatima
InternationalRepresentatives
Seoul(SouthKorea) : Justin Yoon (+82-2-6241-4256)
London(UK) : S. Puri (+44 207 376 1996)
ART & PHOTOGRAPHY
Art Director : Sujesh Kumar G.
Senior Designer : Shaik Masthan Vali
Designer : Gopal Ganesh Reddy
Photographer : Dileep Kumar
THE DOLLAR BUSINESS ONLINE
Project Managers : Sridhar Bodla, Omar Larzi
SEO Manager : Sangameshwar Soma
SEO Specialist : Praveen Kukunarapu
Asst. Mgr. (Data & Metrics) : C. Dileep Reddy
Associates (Data & Metrics) : Dinesh Reddy, Bhanu Prasad
CIRCULATION, SUBSCRIPTION & DISTRIBUTION
General Manager : S. S. Sudesh
Manager - Subscriptions : M. Vinay Kumar
Assistant Managers : Sanjeev Jain, Buddhi Sagar Pandey,
Rajneesh Laroiya
ALLIANCES & COMMUNICATIONS
Sr. Manager : Rasanpreet Kaur
Deputy Manager : Anupama Polasa
Asstt. Manager : Sravya Palakuru
FINANCE & LOGISTICS
Manager : Parchuri Jhansi
PRINTER
Kala Jyothi Process Pvt. Ltd.,
1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad, Telangana 500020, IN
PUBLISHED AT
5-2-198/4, Distillery Road, Ranigunj, Secunderabad, Telangana 500003, IN
FOR EDITORIAL/CONTENT
Email: editorial@thedollarbusiness.com
FOR ADVERTISEMENT
Email: ads@thedollarbusiness.com
FOR SUBSCRIPTION
Email: subscription@thedollarbusiness.com . +91-40-67609999
For queries / comments you can send us an SMS at +91-888-633-1947
© Copyright 2017
No part of this magazine may be reproduced in whole or in part without an ex-
pressed permission of the publisher. The information on this magazine is for
information purpose only. Manish K. Pandey, Editor, The Dollar Business, is re-
sponsible for the selection of news and content under PRB Act. Vimbri Media Pvt.
Ltd. assumes no liability or responsibility for any inaccurate, delayed or incomplete
information, or for any actions taken in reliance thereon. The information contained
about each individual, event or organisation has been provided by such individual,
event organisers or organisation without verification by us. All disputes are subject
to exclusive jurisdiction of competent courts and forums in Hyderabad, Telangana.
Printed and published by Avnish Goyal for Vimbri Media Pvt. Ltd. Published at
5-2-198/4, Distillery Road, Ranigunj, Secunderabad - 500 003, Telangana.
Printedat:KalaJyothiProcessPvt.Ltd.,1-1-60/5,RTCCrossRoads,Musheerabad,
Hyderabad - 500 020, Telangana.
Volume: 4 Issue: 01 January 2017
www.thedollarbusiness.com
facebook.com/tdbIndia
twitter.com/TheDollarBiz
in.linkedin.com/in/thedollarbusiness/
COVER STORY20
From Trump’s victory in US elections to Brexit,
from passage of the GST bill to demonetisation,
2016 has been an eventful year for both the
world and India. The impact of these epochal
events is bound to start playing out in 2017. Will
Trump’s maverick policies change how trade
functions worldwide? Is Brexit the beginning of
the end for the EU? Will GST be implemented in
2017? Will the commodity market turnaround?
The Dollar Business gazes into the crystal ball to
figure it all out for you.
ISWORLDTRADE
POISED TO
CLIMB OUT OF
THE DOLDRUMS
IN 2017?
JANUARY 2017 II THE DOLLAR BUSINESS 7
INBOX
LETTERS TO THE EDITOR
Readers’ feedback, criticism, and
appreciation that hit our mailbox
in December 2016
MONOLOGUE
PEOPLE SPEAK
Arun Jaitely on implementation of
GST, Angela Merkel on a single
market system & more
GLOBAL TRADE
The suspense over China’s MES
status, setbacks for French Foie
Gras exports & more
INDIA TRADE
Impact of demonetistion on GDP,
extension of MIP on steel products
& much more
SPOTLIGHT
BOTSWANA
The economy remains highly
dependent on diamond exports
SECRET INGREDIENT
FROZEN SHRIMP
India is the largest exporters of this
delicacy. But exporters continue to
face multiple hurdles!
IMPOR’TONOMICS
PLASTIC TOYS
There’s no ebb in demand for the
product and margins are attractive
if you import from China
POLICY FOCUS
BRAND RATE FIXATION
Are exporters shying away from
brand rates for duty drawbacks due
to a lack of awareness?
TDB FORUM
Questions about foreign trade that
hit our mail box in December 2016
DATEBOOK
Some must visit trade shows
BORDERLINE
Editor’s column
H.E. LESEGO ETHEL MOTSUMI
HIGH COMMISSIONER OF BOTSWANA TO INDIA
Talks about Botswana-India bilateral relationship and
discusses the ways and means to strengthen it further
8
10
16
62
12
64
70
78
88
92
94
98
8274
ANWAR
SHIRPURWALA
EXECUTIVE
DIRECTOR, MAIT
Discusses the associa-
tion’s evolving objectives
& the problems faced by
the ICT industry
HARISH
RAWAT
CHIEF MINISTER
OF UTTARAKHAND
On plans to make the
hilly state a popular
destination for foreign
and domestic investors

3. 20 THE DOLLAR BUSINESS II JANUARY 2017
COVER STORY WORLD TRADE IN 2017
GOODS &
SERVICES
TAX
EMERGING
THREATS
COMMODITIES
BREXIT
FOREIGNPOLICY
DEMONETISATION
JANUARY 2017 II THE DOLLAR BUSINESS 21
THE DOLLAR BUSINESS INTELLIGENCE UNIT
The year gone by was eventful, both for the world and India. While the
much-awaited Goods and Services Tax (GST) was passed by the Indian
Parliament, United Kingdom voted to exit the European Union. While
Donald Trump took the world by surprise, Indian Prime Minister Narendra
Modi's sudden announcement of demonetisation left the whole country in a
financial shock. The global commodity market too woke up from a slumber,
though there is more recovery that can be made. While these and many
other such events shook the world in 2016, their impact on global trade and
policy environments will only likely be seen in 2017. Will 2017 be a year of
change for the better? The Dollar Business takes a look at key elements and
occurrences that could change world trade in 2017.
WILL WORLD TRADE
COME OUT OF THE
DOLDRUMS IN 2017?

4. Subscribe to read the
full magazine