US seeks removal of trade, tax barriers in India
The Dollar Business Bureau The US’ manufacturing body on Monday advised the American government to work with India on removal of commercial, taxation and policy barriers, in order to help the American companies scale up their investments in the Indian market. The US-based National Association of Manufacturers (NAM) released a new priority document that charted out certain steps, if taken and subsequently achieved, will bring major breakthroughs towards addressing the key commercial barriers that the American manufactures have long faced in India. The announcement comes against the background of Prime Minister Narendra Modi’s upcoming visit to Washington in June this year. The NAM said the prime minister’s forthcoming visit and his dialogues and engagements with the American leaders would serve as an ...
Many Indian policies still discriminatory against US
Source: PTI While Prime Minister Narendra Modi’s government has increased focus on trade, there are still a substantial number of policies in India that block or discriminate against a wide array of US manufacturers and a business operating in India, a trade body has said. Alliance for Fair Trade with India (AFTI) report's findings comes a day after International Trade Commission's (ITC) released its report on trade and investment policies in India 2014-2015. The report shows detailed industry-specific case studies that there are still a substantial number of policies in India that block or discriminate against a wide array of US manufacturers and businesses operating in India, AFTI said. “While the report notes Prime Minister Narendra Modi's increased focus on ...
