A US trade advocacy group focused on India has sought a "truly fair and bilateral" trade between the two countries, days after India and the US conducted its Trade Policy Forum and Commercial Dialogue.
"A truly fair and bilateral US-India trade partnership would have the potential to reap monumental economic benefits for both countries, including increased innovation and job creation," the Alliance for Fair Trade with India (AFTI) said in a statement on 30 oct
"AFTI and its members welcome bilateral discussions between US and India to improve and strengthen the countries' economic and trade relationship. However, neither the Trade Policy Forum nor the Commercial Dialogue resulted in specific concrete actions to address challenges for US businesses and manufacturers exporting to or operating in India," it said.
US industries want to see a more robust US-India commercial relationship and increased US-India trade, it added."But it "must see concrete efforts to address issues" in India that limit market access and undermine their competitiveness, including price controls, forced localisation, technical barriers to trade and intellectual property barriers," it said.
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