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U.S. Welcomes India's Decision On PMA, Expressed Concerns Over Intellectual Property Regime

Friday, 12 July 2013, 11:27 Hrs   |    1 Comments
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Washington: Welcoming the recent Indian decision to put a hold on its policy of Preferential Market Access(PMA), the United States has expressed its concern over continued investment climate in India and its policies related to Intellectual Property Regime (IPR).

The Obama Administration yesterday conveyed the message to India when Indian Commerce and Industry Minister Anand Sharma met US Trade Representatives (USTR) Mike Froman on the sidelines of the 38th annual Leadership Summit of the US India Business Council (USIBC).

The two-hour meeting, the first time for the ministers since Froman was sworn in as US Trade Representative last month, covered a full range of trade and investment challenges and opportunities of interest to both the countries.

Froman, during the meeting, welcomed the announcement that India's PMA policy is to be reviewed and modified, including the commitment that the revised policy would not have domestic manufacturing requirements, per centage based or otherwise, with respect to private sector procurement of electronics products.

However, Froman noted that the continued concern of the US and other trading partners regarding the growing number of other localisation barriers are in-country testing requirements for information and communications technology equipment and preferential treatment for indigenous intellectual property that seek to favour India's domestic manufacturers, suppliers and innovators at the expense of foreign firms and workers.

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Source: PTI
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Reader's comments(1)
1: The CIA keeps deleting my comment. I am reposting it. India's government is a proxy for the CIA. The requirement, put in place by Manmohan Singh, for mid-career Indian civil servants (sending Indian military officers for training to the United States has the same purpose) to go to United States universities for training so their future career prospects, promotions, etc. are controlled by Americans is meant to make India's government as a proxy for the CIA more perfect. There has been a long-standing requirement in American and British universities that to receive a Ph.D. degree from them, Indians -- this included Manmohan Singh -- have to agree to work for American or British intelligence agencies. India's legitimate ruler -- Satish Chandra -- has been systematically suppressed using 24-hour satellite surveillance for the past 36 years. IndiasLegitimateRulerSatishChandraDOTblogspotDOTcom
Posted by:Satish Chandra - 13 Jul, 2013