US trade group seeks action against India's 'unfair policies'

Written by ENS Economic Bureau | New Delhi | Updated: Feb 13 2014, 14:43pm hrs
PillsUS has been criticising India?s intellectual property rights policies alleging the IPR regime in the country is unstable.
After dragging India to WTO on solar projects, US International Trade Commission (USITC) on Wednesday started a probe into the impact of Indian trade and investment policies on US economy.

In a media teleconference Linda Dempsey, vice-president of organised by US-based National Association of Manufacturers, said that the investigation has been taken in the wake of deteriorating trade relations between India and the US.

We seek action against Indias unfair trade policies. It has been negatively impacting our manufacturing... USITC will do a thorough analysis of the case based on all the details. It will give detailed information to the US Congress... It does not have the ability to take action. The investigation will provide a fact-full basis for any such action, she said.

The US has been criticising Indias intellectual property rights policies, mainly in the pharma sector, alleging that the IPR regime in the country is weak and unstable. Last year, Swiss pharma company Novartis AG lost a legal battle in the SC for getting its blood cancer drug Glivec patented in India. Patent plea of Bristol-Myers Squibbs Sprycel was also rejected, raising concerns among multi-national pharma majors.

Asking India to abide by basic principles of non-discriminatory trade practices, Dempsey said that the US wants a level playing field. Representatives from pharmaceutical and IT industries are expected be in Washington on Thursday to make submissions before the USITC to explain Indias trade policies.

Last year, US senators had urged the USITC to conduct an investigation of Indian trade policies that discriminate against US imports.