Bloomberg BNA: Trade Groups Hope Obama’s India Trip Leads to Stronger Bilateral Trade Ties
Trade Groups Hope Obama’s India Trip Leads to Stronger Bilateral Trade Ties
January 22, 2015
By Lenore T. Adkins
Jan. 22 (BNA) — President Barack Obama’s historic trip to India next week is further evidence of renewed engagement between the two countries, which means the time to enhance the U.S.-India trade relationship is now, said Chris Moore, National Association of Manufacturers’ senior director for international business policy.
“Talk must turn to action that delivers real results,” Moore told reporters Jan. 22 in a conference call.
That action, according to Moore, should include the following:
- working to lower Indian tariffs topping 100 percent on products that include distilled spirits, textiles and autos;
- restoring zero duties on telecommunications products covered by the World Trade Organization Information Technology Agreement;
- strengthening India’s protection of ideas, brands and innovations; and
- eliminating requirements that would force local production of solar energy/telecommunicatons equipment.
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