Categories: Wire Stories

ICT Coalition: India Tariffs Violate WTO Agreements

Trend could undermine the integrity of global trading rules

ARLINGTON, Va.–(BUSINESS WIRE)–#TIA–A coalition of seven trade associations including the Telecommunications Industry Association (TIA), Information Technology Industry Council (ITI), Semiconductor Industry Association (SIA), National Association of Manufacturers (NAM), Coalition of Services Industries (CSI), the US-India Strategic Partnership Forum (USISPF), and US-India Business Council (USIBC) today sent a letter to United States Trade Representative Katherine Tai outlining concerns regarding India�s mounting tariffs on information communications technology (ICT) products and services.

“These most recent tariffs are indicative of a broader effort by the Indian government to pressure companies to localize more of their supply chain in India without regard for the country’s WTO commitments,” the letter says. “We are concerned that, if left unchallenged, this trend will undermine the integrity of tariff bindings made at the WTO by all of its participants as countries seek new tools to force local production of goods, to the detriment of U.S. companies operating in and exporting to India and around the world.”

The coalition urges the administration to make enforcement of India’s WTO commitments a priority in future bilateral engagements and continue to provide support behind the ongoing dispute settlement cases brought by Japan, the EU, and Taiwan at the WTO, including through a renewed assessment of whether the U.S. government should initiate proceedings of its own.

CLICK HERE to read the full coalition letter.

ABOUT TIA

The Telecommunications Industry Association (TIA) represents more than 400 global companies that enable high-speed communications networks and accelerate next-generation ICT innovation. Through leadership in U.S. and international advocacy, technology programs, standards development, and business performance solutions, TIA and its members are accelerating global connectivity across every industry and market. TIA is accredited by the American National Standards Institute (ANSI).

Contacts

For more information:

Dan Brown

(703) 907-7074 x206

dbrown@tiaonline.org

Ryan McDermott

856-371-7031

rmcdermott@aboutsage.com

Alex

Recent Posts

Best’s Special Report: Declining Investment Yields Pose Challenges to Meet Cost of Capital for China Insurers

HONG KONG--(BUSINESS WIRE)--#insurance--Chinese insurers have been raising funds from the domestic debt capital market in…

4 mins ago

Gold Resource Corporation Will Reschedule Release of Its First Quarter 2024 Results

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announced today that it is postponing…

5 mins ago

BingX Introduces $REZ Spot Trading Amid Growing Popularity of Ethereum Restaking Ecosystem

VILNIUS, LITHUANIA - Media OutReach Newswire - 30 April 2024 - The restaking category is…

7 mins ago

Palliser Capital Submits Binding AGM Resolution After Keisei Board Denies Shareholders an Advisory Vote

LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”), the eighth largest shareholder of Keisei Electric Railway Co., Ltd. (9009…

1 hour ago

SINOVAC Reports Unaudited Second Half of 2023 Financial Results and Files 2023 Annual Report on Form 20-F

BEIJING--(BUSINESS WIRE)--Sinovac Biotech Ltd. (NASDAQ: SVA) (“SINOVAC” or the “Company”), a leading provider of biopharmaceutical…

2 hours ago