360° Coverage : US trade body accuses India of not playing fair

US trade body accuses India of not playing fair

Washington, Sep 24 (IANS) Ahead of Indian Prime Minister Manmohan Singh's US visit, a leading US trade body has launched a massive ad campaign asking the Obama administration to raise the issue of India's alleged unfair trade

Sep 24 2013, 8:16am CDT | by IANS

US trade body accuses India of not playing fair
Photo Credit: , Getty Images

Washington, Sep 24 — Ahead of Indian Prime Minister Manmohan Singh's US visit, a leading US trade body has launched a massive ad campaign asking the Obama administration to raise the issue of India's alleged unfair trade

practices.

"Manufacturers and Congress Agree: India must play fair on trade," says an advertisement issued by the National Association of Manufacturers (NAM).

"At a time when Washington can't agree on much" there is "overwhelming bipartisan opposition to India's discriminatory trade practices," it said.

NAM has issued such digital and print advertisements in major publications in Washington and New York like the Wall Street Journal, The Washington Post and Financial Times. It has also issued ads in Roll Call and The Hill, focusing on Congressional politics.

"Reversing discrimination and restoring trust would be a win-win, enabling American exporters to further invest in India's future and help India grow its economy and create opportunities for its people," the NAM statement continues.

The NAM has been urging the Obama administration for months to force India to address concerns over its trade and business policies.

NAM alleged that over the past year, Indian government agencies and courts have engaged in a persistent pattern of discrimination and forced localisation designed to benefit India's corporations at the expense of manufacturing jobs in the US.

"The Indian government has demanded that much of its market for certain information technology, clean energy, and power equipment be satisfied by domestic-based firms," it said.

"Administrative and court rulings have repeatedly ignored internationally recognised rights by imposing arbitrary marketing restrictions on medical devices and denying or revoking patents for nearly a dozen lifesaving medications," NAM added.

(Arun Kumar can be contacted at arun.kumar@ians.in)

IANS

Source: IANS

 
 
 

blog comments powered by Disqus

Latest stories

Amazon Changes Self Publishing Forever - Again
Amazon Changes Self Publishing Forever - Again
The self publishing haven will only pay when books are read.
 
 
Uber says "NO!" to Guns for Passengers and Drivers
Uber says "NO!" to Guns for Passengers and Drivers
The recent increase in gun violence led to the change, the hitch-a-ride giant says.
 
 
More Sony Leaks: What Couldn't the New Spiderman Be?
More Sony Leaks: What Couldn't the New Spiderman Be?
Private emails that were released show that executives at Sony didn't want a black or gay Spiderman.
 
 
Gap to Close 175 Stores Soon
Gap to Close 175 Stores Soon
The retail giant is experiencing a multitude of problems.