On the sidelines of the B20 Summit in New Delhi, U.S. Trade Representative Katherine Tai told CNBC's Martin Soong, that the U.S.-India relationship is aligning "across all the policy areas." Tai noted, "It’s certainly true that today, this relationship is experiencing new heights. The U.S. and India are closer now...
WTO Develops TRIPS Schedule as Expansion Deadline Imminent
Geneva, Switzerland headquartered World Trade Organization members will discuss expanding their decision to broaden intellectual property flexibilities for Covid-19 vaccines. The group will meet at least three times in the coming months to discuss a proposal made at the 12th ministerial conference held in Geneva from 12-15 June, 2022. The...
U.S. Trade Rep Katherine Tai To Visit New Delhi on Nov 22
United States Trade Representative Katherine Tai and Deputy United States Trade Representative Ambassador Sarah Bianchi will arrive in New Delhi, on November 22. They will meet with government officials and stakeholders to discuss U.S. commitment to the Indo-Pacific region and to strengthen trade and economic relationships. This will be Tai’s...
U.S. Lobbyists Will Meet Indian Officials to Discuss Import Duties
A team of officials from the U.S. will be in India on January 24, to discuss import duties levied or raised by the federal government last year on smartphones, base stations, smart watches, printer ink cartridges and other Information and Communications Technology (ICT) products, and lobby for their removal. India currently levies...
India's International Trade in Services Clocks Robust Growth
The services sector is a key component of India’s GDP, employment, trade, and foreign direct investment flow, and is the largest sector of the Indian economy contributing significantly to economic growth. India is among the top ten World Trade Organization member countries in trade in services. India's central bank, the...
India Ratifies UN's Convention for Goods Transit
India is the 71st signatory to the United Nations' TIR (Transports Internationaux Routiers) Convention, an international transit system that facilitates the seamless movement of goods throughout countries in Asia and Europe. TIR is the global standard for goods customs transit managed and developed by IRU, the world road transport organization....