Ready to consider India's concerns over key business issues: USTR Tai
Hindustan Times|January 13, 2024
Washington is willing to consider New Delhi's key concerns such as restoration of the Generalized System of Preferences (GSP), giving Trade Agreements Act (TAA)-designated country status, easier visa rules for professionals, resolution of social security issues and allowing exports of Indian marine products, agricultural items, medicines and medical devices, under the principle of equity and reciprocity, according to a joint statement issued by the two partners after the 14th Trade Policy Forum (TPF) meeting in New Delhi on Friday.
Ready to consider India's concerns over key business issues: USTR Tai

India agreed to reciprocate by considering the American demand of strengthening the Intellectual Property Rights (IPR) regime, easing tariff and non-tariff barriers on agriculture and industrial products, including IT hardware, computers, laptops and servers. Both partners reiterated their commitment to ensuring that technical regulations such as Quality Control Orders (QCOs) do not create unnecessary barriers to trade.

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