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India-US trade: Issues on IPP and Solar Cells vital

Sai Nikesh | The Dollar Business Despite the positive signs of strengthening trade between the United States and India, there also exist few challenges before the two nations, which they need to overcome to ensure comfortable bilateral trade. The very first contention between the countries over trade occurs at the point of Bilateral Investment Treaty (BIT) of the two countries. While India wants to put Intellectual Property Protections (IPP) and taxations out of the scope of India-US BIT, the US is unlikely to accept India’s position on the matter. The real ideology difference between the countries arise at this juncture, where the American pharmaceutical companies wants India to strengthen its regulatory regime and allow US style of patent policy, ...