New Delhi: U.S. commerce chief Katherine Tai has raised considerations with India over the Asian nation’s new order mandating licenses for the import of laptops, tablets and private computer systems, in line with an announcement.
Tai’s intervention comes amid worries the licensing regime might influence shipments from the likes of Apple and Dell and drive companies to spice up native manufacturing.
“She famous that there have been stakeholders that wanted a possibility to overview and supply enter to make sure that the coverage, if carried out, doesn’t have an opposed influence on U.S. exports to India,” as per the U.S. assertion issued after Tai met with India’s Commerce Minister Piyush Goyal on August 26.
Tai was in India to hitch the G20 commerce ministers’ assembly final week within the western state of Rajasthan.
India’s new licensing regime, which is because of come into impact on November 1, goals to “guarantee trusted {hardware} and methods” enter the nation. It additionally seeks to scale back dependence on imports, increase native manufacturing, and partially handle the nation’s commerce imbalance with China, in line with an Indian authorities official.
India and the U.S. will even proceed discussions to discover a resolution to the one bilateral dispute between the 2 nations on the World Commerce Organisation, which entails measures by New Delhi on sure agricultural imports into the nation, in line with the assertion. Six different disputes had been mutually resolved earlier this 12 months.
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Up to date: 27 Aug 2023, 08:37 PM IST
Supply: Live Mint