Friday 28 March 2014

Prime Minister Manmohan Singh urged to reject US pressure tactics on trade and business policies

A group of India and American non-profit organisations and other groups have urged the Prime Minister, Manmohan Singh, not to succumb to the pressure of the US administration and reject the misleading allegations of US business associations on India's trade and economic policies.

The unilateral pressure by US administration on India, at the behest of US Business Associations lobby through US International Trade Commission (USITC) investigations and request to USTR to enlist India under Priority Foreign Country under Special 301 review, lacks legitimacy under WTO framework, the signatories to the letter said.

Released here on Thursday, the letter said the recent move of the USTR is also in conflict with WTO legal obligations and these unilateral pressure and threat of sanctions are in violation of legal obligations under WTO framework.

"Further these unilateral measures adopted by US to pressure India undermine the existence of WTO's dispute settlement mechanism," it said.

The letter urged the Prime Minister to challenge the legality of US Special 301 procedures at the WTO through its Dispute Settlement Body and continue to not cooperate with the USITC investigations nor meet any USITC officials.

It also urged the Prime Minister to pass the notification of Section 92 which will help expedite the compulsory license on patented medicines recommended by the Ministry of Health and Family Welfare...


Source: News in Hindi

From indiatimes News 

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