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US concerned over India as a trading partner

 The Dollar Business Bureau The United States listed India under its ‘Priority Watch List’ in an annual special review report on the state of Intellectual Property Rights (IPR) protection and enforcement in US trading partners around the world. In its 2015 Special 301 Report, the office of the United States Trade Representative (USTR) reported inadequacies in trade secret protection in China, India and other countries. Algeria, Argentina, Chile, Ecuador, Indonesia, Kuwait, Pakistan, Russia, Thailand, Ukraine and Venezuela are also included in the Priority Watch List. The report also termed India as the country that serves to illustrate the extent of economic harm arising from trademark counterfeiting to consumers, producers and the governments. Referring to a joint study by The International ...