General Electric Company (GE) Vice Chairman On How To Overcome Barriers Of Trade

Infrastructure investment continues to be one of the biggest needs that every government in the world should pay a closer look at, according to General Electric Company (NYSE:GE) Vice Chairman, John Rice, who spoke during an interview on CNBC. Rice emphasized that governments need to take a keen interest on the kind of policies that they implement as they always go a long way in affecting the kind of investment policies that companies make.

Best Financial Services Companies to Work For

“We are going to make the point about the need for infrastructure investment and it is going to be a need everywhere. We don’t see any country in the world that does not need it and we are also going to make the point about the important role that government play,” said Mr. Rise.

Mr. Rise emphasized the fact that relationship between governments and companies has dramatically changed in that, companies nowadays treat governments as customers just the same way as they treat a customer as a customer.

Big companies have in the recent past been shifting some of their operations overseas as they seek to avoid the huge tax regime in the U.S. in what is normally known as an Inversion The move has not gone well with regulators in the U.S. as they deprive the domestic market of the much needed job opportunities. Rice maintains that for growth to be attained jobs have to be created worldwide and not in one geographic location.

Rice was responding to the fact that General Electric Company (NYSE:GE) has some of its manufacturing operations carried outside the U.S..

“You cannot grow if you are not creating jobs and we have to help create them in a lot of places around the world including the United States and including Australia,” added Mr. Rice.

The biggest challenge according to Rice in an effort of overcoming barriers of trade is the fact that there are huge pools of funds on the sidelines as well as huge infrastructure needs and small, medium-sized businesses all of which are in need of an investment boost. Rice reiterated that General Electric Company (NYSE:GE) has to sit in the middle and act as the connecting function to ensure the success of all the needs.

Disclosure: none

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!