
According to a statement cited by Reuters, US Trade Representative Catherine Tye expressed India’s concern over the Asian country’s new measures requiring licenses to import laptops, tablets and personal computers. and news.ro
Tai’s intervention comes amid concerns that the licensing regime could hurt supplies to Apple and Dell and force the firms to increase local production.
“She noted that there were stakeholders who needed an opportunity to review and provide input to ensure that the policy, if implemented, would not adversely affect US exports to India,” the US said in a statement released after the meeting. Thai with India’s Commerce Minister. Piyush Goyal August 26.
Tai was in India to join the G20 trade ministers’ meeting held last week in the western state of Rajasthan.
India’s new licensing regime, due to come into effect on November 1, aims to “ensure that reliable equipment and systems enter the country”.
It also seeks to reduce dependence on imports, increase local production and, in part, address the country’s trade imbalance with China, according to an Indian government official.
India and the US will also continue talks to find a solution to the only bilateral dispute between the two countries at the World Trade Organization over New Delhi’s measures on certain agricultural imports into the country, according to the statement. Six other disputes were mutually resolved earlier this year.
Photo Source: Mr.siwabud Veerapaisarn | Dreamstime.com
Source: Hot News

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