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Investments in Asia Could Exceed Merger & Acquisition in the West Because of Sanctions, Says Expert_我的网站

一 | 핵심요약전국 11개 지역으로 세분화해 산업용 요금 차등발전원 밀집 지역 kWh당 최대 18원 인하지역별 도매가격제 도입 등으로 한전 부담 완화 기후에너지환경부 제공정부가 비수도권의 산업용 전기요금을 1kWh(킬로와트시)당 최대 18원 낮추는 '산업용 지역별 전기요금제' 초안을 공개했다. 수도권 요금을 별도로 올리지 않고 비수도권 요금을 낮춰 전력 다소비 기업의 지방 이전을 유도한다는 구상이다.기후에너지환경부와 한국전력공사는 26일 서울 영등포구 한전 남서울본부에서 공청회를 열고 이 같은 내용의 산업용 지역별 전기요금제 설계안을 공개했다. 2024년 6월 분산에너지 활성화 특별법이 시행된 지 2년 2개월 만이다.개편안의 핵심은 산업용 전기요금을 계산할 때 '지역별 조정요금' 항목을 추가하는 것이다. 현재 산업용 전기요금은 기본요금과 전력망요금, 기후환경요금, 연료비조정요금 등을 더해 지역에 관계없이 동일하게 부과한다. 지역별 조정요금이 도입되면 전기를 사용하는 지역에 따라 산업용 전기요금이 달라진다. 기후에너지환경부 제공정부는 전국을 송전망 연결 구조와 지역균형발전 등을 고려해 총 11개 지역으로 구분하는 방안을 검토하고 있다.우선 송전망 연결 구조에 따라 수도권 남부와 수도권 북부, 중부권, 남부권 등 4개 광역권으로 나눈다. 수도권 남부는 서울·경기 남부, 수도권 북부는 서울·경기 북부와 인천, 중부권은 강원·충청, 남부권은 경상·전라 지역으로 구성된다.여기에 행정안전부 지방우대지수와 산업위기지역 등을 반영해 1~4권역으로 다시 구분한다. 1권역은 서울·경기·인천, 2권역은 비수도권 광역시 등을 포함한 1권역 내 우대지역, 3권역은 기타 비수도권 등을 포함한 2권역 내 우대지역, 4권역은 3권역 가운데 추가 우대지역으로 구성하는 방식이다.제주는 도서지역이라는 특성과 전력 수급 여건 등을 고려해 이번 산업용 지역별 전기요금제 적용 대상에서 제외한다.지역별 요금 조정 폭은 광역권별 송전비용과 전력자급률, 권역별 균형발전 필요성 등을 반영해 결정한다. 정부 초안대로라면 원전과 재생에너지 등 발전원이 밀집한 남부권·4권역의 산업용 전기요금은 1kWh당 최대 18원 낮아진다. 지난해 산업용 전력 평균 판매단가인 181.9원의 약 10%에 해당한다.반면 전력 수요가 집중된 수도권 남부는 현재와 같은 수준을 유지하거나 1원 안팎에서 소폭 조정하는 데 그친다. 인천 등이 포함된 수도권 북부는 최대 10원, 강원·충청 지역인 중부권은 최대 15원 인하된다.정부는 수도권 산업용 요금을 올리는 대신 비수도권 요금을 낮추는 방식으로 지역 간 요금 차등을 두겠다는 방침이다. 이를 통해 전력 다소비 기업의 비수도권 투자를 유도하고 수도권으로 전력을 보내기 위한 송전망 건설 부담도 줄일 수 있을 것으로 기대하고 있다.문제는 한전의 재무 부담이다. 지역별 요금제 도입으로 줄어드는 산업용 전기요금은 약 2조8천억원으로 추산된다. 약 210조원의 부채를 안고 있는 한전으로서는 그만큼 부담이 커질 수 있다.정부는 지역별 도매가격제를 도입해 한전의 전력 구입비를 낮추고 일부 정부 재정 지원을 병행해 재무 영향을 최소화한다는 계획이다. 지역별 도매가격제는 전력 도매시장을 수도권과 비수도권으로 나눠 서로 다른 가격을 적용하는 방식이다.지역 간 요금 격차는 4년 등 일정 기간 유지해 기업에 안정적인 가격 신호를 줄 방침이다. 다만 세부 권역 구분이 아직 확정되지 않아 최종 재원 소요와 지역별 요금 조정 폭은 달라질 수 있다.김성환 기후부 장관은 "전력 다소비 산업의 비수도권 투자를 유인해 국가 전체적인 송전망 건설 부담을 근본적으로 덜고, 나아가 국가 균형발전과 우리 산업의 장기 경쟁력을 한층 더 높이는 계기가 될 것"이라고 말했다.이날 공청회에는 김 장관과 김동철 한전 사장을 비롯해 전력거래소, 학계·전문가, 산업계·발전사·지방정부 관계자 등 300여명이 참석했다.기후부는 공청회에서 나온 의견을 반영해 설계안을 확정하고 고시와 전기요금 약관 개정 등 후속 절차를 거쳐 연내 산업용 지역별 전기요금제를 도입할 계획이다.※CBS노컷뉴스는 여러분의 제보로 함께 세상을 바꿉니다. 각종 비리와 부당대우, 사건사고와 미담 등 모든 얘깃거리를 알려주세요.이메일 : [email protected]카카오톡 : @노컷뉴스사이트 : https://url.kr/b71afn。

二 | Ambuj Sonal, Associate Partner at Link Legal, a firm tracking mergers and acquisitions (M&A) and joint ventures, among others, spoke with Sputnik about cross-border investments in the era of growing uncertainty and the impact this will have on M&A activity in 2022 and beyond.,Sputnik: In the past two years, many restrictions have been imposed on foreign investments globally, mainly for reasons of national security. What effect have such regulatory changes had on cross-border mergers and acquisitions?,Ambuj: The primary reasons for implementing such additional scrutiny were to control the misuse of the uncertain situation and opportunistic investment behavior. Indeed, these restrictions affected cross-border deals globally in early 2020. For example, the European Commission Report on foreign investment flows [released in November 2021] suggested that foreign direct investment (FDI) flow to European countries declined by approximately 71 percent during the time of COVID.,Although these economies had amended regulations to protect their domestic companies from 'corporate raiders', this deterred foreign investors and caused a substantial decline in inbound M&A deals.,Having said that, the global cross-border M&A activity showed huge improvements in the second half of 2020, when most of the countries had started vaccination and adopted other measures to control the pandemic.,Reports show that from the second half of 2020, the volume of global deals increased by approximately 29 percent, and deal values soared by roughly 156 percent, indicating that cross-border M&A deals enjoyed a quicker recovery from COVID.,Sputnik: India has also amended foreign investment rules, explicitly targeting countries with which it shares land borders. How has it affected M&A activity and overall foreign investment flow, primarily from China?,Ambuj: The Indian government, in Press Note 3 (PN3) in April 2020, decreed that all investments from entities (direct or indirect) with which India shares a land border, would have to be made under the 'approval route' and would need security clearance.,PN3 also covered investments where beneficial ownership belonged to China, Taiwan, Hong Kong and Macau. Initially, investors from these nations approached the Indian Government for approval. However, the government was silent about these approvals until the first year of PN3.,According to data disclosed under a recent application filed under the Right to Information Act, the Department of Promotion of Industry and Internal Trade (DPIIT) has revealed that it received 382 FDI proposals from Chinese entities after PN3, of which 80 proposals have been approved.,The DPIIT made the commitment that appropriate due diligence and FDI approvals from Chinese entities would be scrutinized on a case-by-case basis. Before PN3, Chinese firms were actively investing in technology and e-commerce businesses in India, particularly in start-ups.,Up to 2019, India received foreign investments of approximately $3.4Bln from China and Hong Kong. However, post PN3, the total investment from China and Hong Kong has declined to $952Mln or 72 percent.,Having said that, despite COVID-19 and a huge drop in Chinese investments, India has received the highest annual FDI ($83.57Bln) in the 2021-22 financial year, and has emerged as a preferred investment destination.,The steps taken by the Indian government during the past few years have affected the increasing volumes of inbound FDI, which has led to record levels.,Sputnik: The geopolitical scenario has undergone tectonic changes because of tensions between China and the US, and the Russia-Ukraine conflict. Decoupling is a new buzzword that many say is part of de-globalization. How is this affecting mergers and acquisitions globally, especially in India?,Ambuj: 'Decoupling' refers to a situation where another country replaces a particular country in a global and extended supply chain. 'De-globalization' would constitute a step beyond 'decoupling' where activities that are performed offshore are brought back home completely.,Tensions between the US and China have caused a major drop in cross-border M&A deals for these two countries (an almost 95 percent drop from 2016 to 2020) primarily because of geopolitical, trade, and tariff uncertainties.,On the other hand, global M&A deals were badly hit because of the Russia-Ukraine conflict. According to data provided by Reuters, the Russia-Ukraine conflict caused the value of global M&A activities to plunge 29 percent in the first quarter of 2022.,The geopolitical scenario will most probably result in a complex and disrupted global supply chain. The present conflicts such as between US and China, and Russia and Ukraine have given rise to debate about whether we are heading towards 'decoupling', which might slowly lead to 'de-globalization'.,Decoupling and de-globalization will affect the global economy adversely and could result in long-standing inflation.,So far as India is concerned, the geopolitical situation has caused unexpected price rises, disrupted supply chains, and introduced other uncertainties because of blocked inventory. This has affected major sectors such as textiles, plastics, steel, pharma, Compressed Natural Gas (CNG), etc.,Although such geopolitical situations have majorly affected M&A activity in Asia, investments in India might see a rise. Mostly, the manufacturing sector could benefit, considering how easy it is to do business and the cost-effective labor in the Indian market.,Other European countries are already considering shifting their manufacturing facilities from China to India. This is a result of the Indian government's efforts to boost foreign investments, which has made India a preferred investment destination.,Sputnik: Despite unprecedented sanctions by the West, most Asian countries, including India, have carved out a space for themselves in this crisis and are maximizing their geopolitical leverage without limiting economic opportunities. Given this backdrop, do you think Asian countries will outpace their global peers in the M&A sector?,Ambuj: India has strong business relationships with Russia, especially in the defense, oil and gas, and automotive sectors.,Because of the sanctions imposed by the West, Russia has been isolated from global financial systems and trading. Therefore, strong support and implementation of such sanctions may not be viewed as a beneficial step.,So far as opportunities are concerned, India can be seen as an alternative supplier of manufactured exports to the West. However, the preference would be given to countries belonging to the Association of Southeast Asian Nations (ASEAN), ie Taiwan, Korea and Japan. This may result in major investments in Asian countries, which may exceed the western market's M&A activities in deal volume and size.,From a cross-border M&A point of view, India remains a preferred destination with an FDI of approximately $83.57Bln and 2,064 M&A deals in the 2021-22 financial year, which puts it in top spot globally. Mauritius and Singapore remain the top investors for India, and we can see India being comfortably placed as an attractive business nation.,Sputnik: Recently, a large number of western firms have announced their intention to leave the Russian market. Has this created space for Indian firms to buy assets or to invest in Russia?,Ambuj: Yes. Judging from the silence of the Indian government on the subject of sanctions, Indian firms are keen to capitalize on the geopolitical conflict as an opportunity to invest and gain a share of the Russian market. Opportunities are available mainly in industries serving the pharmaceutical, oil and gas, and manufacturing sectors.,Furthermore, since big global companies such as Apple, fast retail and Ikea have shut or kept their operations in Russia on hold, mid-size Indian companies in the retail and fast-moving Consumer Goods (FMCG) sectors are also interested in doing business in India.,Additionally, since supply chains between Russia and -European countries are blocked, Indian suppliers are looking to initiate strong trade relations by offering undisrupted supply to Russia.,Sputnik: Reports claim that Russian businesses and other big players have been looking for ways to invest their money in Asia. What kind of investment opportunities does the Indian market offer them?,Ambuj: Unlike the UK, India does not offer any scheme like a 'Golden Visa' for Russian businessmen who can trade for their residential status in lieu of multi-million investments in the country. However, investment opportunities in India remain plentiful and attractive. As India's Prime Minister said at the World Economic Forum in Davos this year: "This is the best time to invest in India.!,Over the years, the Indo-Russian bilateral relationship has developed into a comprehensive partnership that includes cooperation in several high-technology sectors.,India and Russia have projected that bilateral trade will be worth $30Bln by 2025. This will boost the India-Russia business relationship, and many opportunities await Russian investors in India.,The key areas for Russian investments to focus on in India are telecommunications, automobiles, industrial services, oil and gas, and medical/surgical appliances.,Want to know more? Check out our Koo & Telegram accounts!,Koo: https://www.kooapp.com/profile/sputniknews,Sputnik India: https://t.me/sputniknewsindia。

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