-The Hindu 12 Republican lawmakers write a seven-page letter to U.S. Trade Representative Katherine Tai on the issue U.S. President Joe Biden said on Tuesday that he had not made a decision on whether the U.S. would support an Indian and South African initiative at the World Trade Organisation (WTO) to waive Trade Related Intellectual Property Rights (TRIPS) to facilitate the production of COVID-19 related vaccines and therapeutics around the world. “Well, we’re...
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U.S. trade report flags challenges from ‘Make in India’ policy -Sriram Lakshman
-The Hindu The campaign epitomises the challenges facing bilateral trade ties, U.S. Congress told The U.S. tried to resolve “long-standing market access impediments affecting U.S. exporters” with India during 2020, says the 2021 President’s Trade Agenda and 2020 Annual Report — an annual report submitted by the U.S. Trade Representative (USTR) to Congress. The report terms India’s policies “trade-restrictive” and saying the “Make in India” campaign epitomises the challenges to the trade...
More »India trashes US report, calls it attack on cheap generic drugs -Sushmi Dey
-The Times of India NEW DELHI: India has outrightly rejected allegations in a US report about the country being a chief source of counterfeit medicines to the world and said it is an attack on low cost generic drugs — crucial to make healthcare affordable. The ‘Special 301 Report’ by United States Trade Representative (USTR) slammed India and China as leading sources of counterfeit medicines distributed globally with 20% of all pharmaceutical...
More »Rice, wheat producing countries should be concerned about India's trade-distorting policy: US
-PTI The US has alleged that India is providing massive subsidies to its farmers producing rice and wheat and said that other countries need to be concerned about New Delhi's "trade distorting policy". Chief Agricultural Negotiator Office of the US Trade Representative (USTR) Gregory Doud made the comments during a Congressional hearing Thursday. "Every rice- or wheat-producing country around the world should be concerned about the trade effects of India's trade distorting domestic...
More »Despite no cap 'indication', govt put knee implant under price limit -Deepak Patel
-The Indian Express The Department of IndUSTRial Policy and Promotion (DIPP) and the NPPA are also documented as having given similar assurances in subsequent meetings. New Delhi: After the National Pharmaceutical Pricing Authority (NPPA) imposed price caps on coronary stents in February last year, the Prime Minister’s Office (PMO) is documented as having “indicated” to representatives of foreign medical device companies in a meeting that the Indian government has no plans to...
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