Jun 25, 2021 01:12 PM IST
Shah says with global demand rising, exports to the US, Hong Kong and the United Arab Emirates have grown steadily. But at home, key sectors like gold and diamond are pinning their hopes on a major revival after the pandemic.
- Jun 07, 2021 01:22 PM IST
Last week, the US deferred by 6 months its move to place the proposed retaliatory tariffs on India, due to New Delhi's insistence on keeping its tax on digital earnings. Further negotiations are now set to become rougher as a global tax proposal by the G7 nations effectively aims to block national level digital taxes.
- Jun 03, 2021 10:54 AM IST
USTR made clear it still had the option to impose punitive duties on goods from the countries that adopted the taxes.
- May 11, 2021 05:44 PM IST
A hearing by the USTR on May 11, attended by respondents from Indian industry, gathered feedback on whether additional tariffs of up to 25 percent should be imposed on India’s major exports to the US such as sea food, basmati rice, diamonds and jewellery. The US move was provoked by India's decision to stick to its digital tax for foreign entities.
- May 07, 2021 03:01 PM IST
The US has backed India's proposal to temporarily suspend key clauses of a global intellectual property rights rule to boost vaccine availability. But having introduced it seven months ago, and systematically securing the support from 120 middle- and lower-income nations, New Delhi is now content to let Washington convince the European Union, United Kingdom, Japan, and China.
- May 06, 2021 01:07 PM IST
While it has come more than seven months after India and other nations floated a proposal at the WTO wanting to ensure global vaccine availability, the US support is a major step towards arriving at a global consensus on the hard fought issue. Crucially, will vaccine majors relent and give up and their intellectual property rights to ensure everyone gets a jab sooner than later?
- Apr 04, 2021 03:44 PM IST
India figures prominently in the 2021 National Trade Estimate Report by the United States Trade Representatives, an annual compendium of Washington DC's complaints against the trade mechanism of various economies. The fact that this comes only months after the Joe Biden administration took charge has made policymakers apprehensive.
- Mar 27, 2021 02:36 PM IST
The USTR, in a statement, said it "is proceeding with the public notice and comment process on possible trade actions to preserve procedural options before the conclusion of the statutory one-year time period for completing the investigations."
- Feb 19, 2021 01:46 PM IST
Keen to restart talks on the proposed India-US limited trade deal, New Delhi's first step towards rapprochement is also intended to break the ice on strategic economic issues that have gone cold over the past 4 years under former US President Donald Trump, senior sources in the know said.
- Sep 01, 2020 08:58 PM IST
In a Federal Register notice, USTR said the extensions were applied to products excluded from its 7.5 percent "Section 301" tariffs imposed a year ago on some $300 billion worth of Chinese goods a year ago amid tense trade talks between the world's two largest economies.
- Feb 29, 2020 07:59 AM IST
In its annual report to the U.S. Congress, the U.S. Trade Representative's office said members of the global trade body needed to fundamentally rethink what it called "an outdated tariff framework" that no longer reflected economic realities.
- Dec 15, 2019 09:26 AM IST
The move provides formal notice of the decision on Friday not to proceed with the tariffs.
- Nov 09, 2019 06:15 PM IST
Goyal will also attend the 9th BRICS Trade Ministers Meet in Brasilia on November 11.
- Jul 18, 2019 05:20 PM IST
The meeting assumes significance on account of rising trade tensions between the two countries.
- Jul 11, 2019 09:05 PM IST
The lobbying effort yielded no result at the time - India implemented the new rules from February 1 - but the document underlines the level of concern at Walmart about the rules.
- Jun 10, 2019 05:09 PM IST
Barcoding is already compulsory in the country for medical devices and exported medicines.
- Mar 06, 2019 02:50 PM IST
- Nov 21, 2018 11:52 AM IST
Trump and Xi are scheduled to meet in Buenos Aires on the sidelines of the G-20 Summit in Argentina on November 30 and December 1.
- Mar 22, 2018 09:52 AM IST
Tariffs and a potential WTO case are certainly on the table, a USTR official said.
- Feb 14, 2018 11:28 AM IST
While the Government of India made some noteworthy improvements to the overall IP environment in 2017, the Alliance for Fair Trade with India (AFTI) said New Delhi did not address numerous critical and longstanding shortcomings to its IPR regime.
- Oct 18, 2017 11:37 AM IST
In a petition, the Advanced Medical Technology Association (AdvaMed) president and CEO Scott Whitaker requested the US Trade Representative (USTR) to "suspend or withdraw" India's benefits under Generalised System of Preferences (GSP).
- Feb 10, 2017 02:55 PM IST
The 2016 Special 301 Report continued with the placement of India on the PWL â€“ despite noting several positives that have contributed to a better environment for the protection and enforcement of intellectual property rights in India.
- Apr 28, 2016 10:14 PM IST
The US Trade Representative has released the 2016 edition of its Special 301 Report, which does an annual review of the state of intellectual property rights (IPR) of its trading partners.
- May 01, 2015 08:39 PM IST
The Modi Government is not only engaged, but also is examining key issues related to the intellectual property rights (IPR), US Trade Representative (USTR) has said, hoping that New Delhi would be able to address its concerns on IPR.
- Nov 24, 2014 05:07 PM IST
The issues related to visa, totalisation agreement, market access for several agriculture products and IPR are expected to figure in the day long meeting today.