US-based tech group urges Trump to overcome digital trade barriers
The Dollar Business Bureau A US-based technology group Information Technology Industry Council (ITI) has prodded the Trump government to take steps in overcoming barriers in digital trade and alleged that various countries including China and India are biased in their policies which unfairly disadvantage US companies. In addition, the technology group named countries like Canada, Indonesia, Russia, South Korea, Mexico and Vietnam, which have followed discriminatory policies against American companies. “Multiple foreign governments have turned to discriminatory or otherwise harmful policies that unfairly disadvantage American companies and impede the ability of technology products and services to drive growth,” ITI said in a report to the President. The countries in which rules that treat foreign and domestic companies differently are Colombia, China, India, Indonesia, Russia, South Korea and ...
FICCI hails governments move to give preference to local goods and services
The Dollar Business Bureau The government is seeking to approve a policy that would give preference to local goods and services in public procurement. This move by the government has been hailed by the Industry body FICCI which expressed that domestic manufacturing would get a shot in the arm and at the same time promote the ‘Make in India’ initiative. Speaking to the media, FICCI Secretary General A. Didar Singh said, "This was the long-standing demand of Indian industry and is essential to promote domestic manufacturing growth. This is a legitimate tool under our multilateral commitments and with number of major government initiatives this can be leveraged to promote value addition, create employment and give a much-needed boost to the manufacturing.” The policy ...
