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  • India-US trade relationship to grow: Froman

    Describing the reforms undertaken by the Indian government as "work in progress", a top Obama Administration official has linked the growth in bilateral trade between the two countries to India opening up and liberalising its economy.

  • US keeps China, India on intellectual property shame list

    The annual list, released by the US Trade Representative's Office, carries no threat of sanctions, but aims to shame governments into cracking down on piracy and counterfeiting and updating their copyright laws.

  • Major steel producers fail to reach deal on overcapacity

    China and other major steel-producing countries failed to agree measures to tackle a global steel crisis as the sides argued over the causes of overcapacity, prompting US criticism of Beijing's approach and an angry response from Chinese officials.

  • US supports rapid deployment of solar energy in India

    The US strongly supports rapid deployment of solar energy around the world, including in India and will continue to work to ensure that the best products and technologies are available to global consumers, an American Trade Representative official has said.

  • WTO members seal trillion-dollar IT trade deal

    World Trade Organization (WTO) members finalized a deal on Friday to cut tariffs on USD 1 trillion worth of information technology products in a boost for producers of goods ranging from video games to medical equipment.

  • Govt does not intend to legislate retrospectively: Jaitley

    Terming the controversial retrospective taxation regime a "legacy issue", Indian Finance Minister Arun Jaitley has assured US investors that the government does not intend to legislate retrospectively and is looking to put a "quietus" to the matter.

  • US business community says would wait and watch on India

    US Trade Representative Michael Froman lead the American delegation while Commerce and Industry Minister Nirmala Sitharaman represented India at the talks.

  • Big takeaways from India-US trade talk

    The biggest takeaway is that India and United States (US) have decided to reengage on trade related issues. 20 video conferences scheduled over the next one year on issues ranging from investments to IPR to services to tariffs. On totalisation agreement, according to sources, there has been good progress.

  • India US hold first trade dialogue in four years

    "Expectations are very high and it would be important to translate those expectations into concrete measures on the ground," he told a news briefing after the talks with Commerce Minister Nirmala Sithamaran.

  • 'Palpable change in mood of Intl biz community for India'

    Referring to the recent visit of PM Narendra Modi, US Trade Representative Michael Froman said it has created a lot of momentum in the relationship between the two countries. The visit was successful from all levels, he added.

  • India, US trade mins to meet under Trade Policy Forum

    The big ticket issue is IPR, with us raising red flags on compulsory licence as well as Section 3d of the Patents Act that prevents ever greening of patents. Moreover, retro tax issues continue to haunt US-based companies.

  • US set for trade enforcement action linked to India

    On Friday, the US Chamber of Commerce called on Washington to ratchet up pressure on India over intellectual property rights, a move that could help prevent Indian companies from producing cheap generic versions of medicines still under patent protection.

  • Concerned about IPR protection environment in India: Froman

    US trade representative Michael Froman in a meeting with Indian commerce minister Anand Sharma today raised concerns about Intellectual Property Rights (IPR) climate in India.

  • New US trade chief focused on India, striking deals

    US Trade Representative Michael Froman on Friday said he expected growing trade problems with India to be a major early focus of his tenure.

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