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India received nearly 700 applications from bidders with which it shares land borders for public procurement contracts as of June 30, with 110 pending for review by various ministries. In 2020, India amended public procurement norms to allow any eligible bidder from a border-sharing country to participate in procurement only if they are registered with the registration committee.
Saudi to deny govt contracts to firms without HQ in country by 2024 Reuters/London Filed on February 16, 2021 | Last updated on February 16, 2021 at 06.05 am The companies that refuse to open headquarters in Saudi can still have the freedom to work with the private sector. International companies that want to participate in the Saudi government’s investment opportunities “will have to make a choice” and establish regional headquarters in the kingdom as of 2024 or they will not win government contracts, the Saudi finance minister told Reuters on Monday. Also read: Saudi Arabia, t...