Indian-American Group Slams Trade Move Against India
WASHINGTON: A U.S. advocacy group Friday slammed a US move to designate India a “priority foreign country” (PFC), or the worst protector of intellectual property rights (IPR), in the ongoing trade war with India.
The U.S.-India Political Action Committee (USINPAC) announced it had launched an initiative, “Leadership Dialogues on Fair Trade”, to promote conciliatory dialogue rather than acrimony in relations between the two countries.
The trade allegations against India are being mostly led by a coalition of US companies and organizations styled as “Alliance for Free Trade with India”.
PFC is the worst classification given to foreign countries that deny “adequate and effective” protection of IPR or “fair and equitable market access” to Americans relying upon IPR protection under the Trade Act.
“This move by some sections of the U.S. industry to designate India as a PFC country is plain wrong,” USINPAC said in a statement.
It urged “all parties to come to solutions through dialogue at bilateral or multilateral levels”.
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Source: IANS