India calls for discussion with US on IPR issue
India Thursday invited the United States for discussion on the intellectual property rights (IPR) issue after the general elections, while making it clear that it won't allow any unilateral probe from American authorities.
Addressing a media conference here, Commerce Secretary Rajeev Kher said India is ready to discuss any issue related to trade and intellectual property rights at the India-US Trade Policy Forum.
"It appears to be a wise decision on the part of the US to not hasten to take any decision which could have impacted bilateral trade, particularly when we are in the process of political transition," Kher said.
The Indian official's comments came a day after the US Trade Representative (USTR) kept India out of the Priority Foreign Country list in its annual "Special 301" report on IPR.
This means US considers that India has intellectual property laws.
Kher said the report of the US Trade Representative was a unilateral measure and the government of India has not agreed to be party to any such investigation.
Kher claimed that India's intellectual property rights regulations were fully compliant with international standards and the World Trade Organization and the US must recognise it.
"Each side has to recognise the constraints. US has to understand India's situation. India is not in violation of any of its bilateral, multilateral agreements on any platform," the commerce secretary said.
Kher said he would meet deputy US trade representative Wendy Cutler in late June or early July to discuss the trade and IPR related issues.
(Posted on 01-05-2014)
Free Yearly Horoscope: Select your zodiac sign