U.S. trade chief Katherine Tai has raised concerns with India over the Asian nation's new order mandating licenses for the import of laptops, tablets and personal computers, according to a statement.
NEW DELHI, Aug 27 (Reuters) - U.S. trade chief Katherine Tai has raised concerns with India over the Asian nation’s new order mandating licenses for the import of laptops, tablets and personal computers, according to a statement.
Tai’s intervention comes amid worries the licensing regime could impact shipments from the likes of Apple (AAPL.O) and Dell (DELL.N) and force firms to boost local manufacturing.
Tai was in India to join the G20 trade ministers’ meeting last week in the western state of Rajasthan.
India’s new licensing regime, which is due to come into effect on November 1, aims to “ensure trusted hardware and systems” enter the nation.
It also seeks to reduce dependence on imports, boost local manufacturing, and in part address the country’s trade imbalance with China, according to an Indian government official.
India and the U.S. will also continue discussions to find a solution to the only bilateral dispute between the two nations at the World Trade Organisation, which involves measures by New Delhi on certain agricultural imports into the country, according to the statement.
The original article contains 237 words, the summary contains 177 words. Saved 25%. I’m a bot and I’m open source!
This is the best summary I could come up with:
NEW DELHI, Aug 27 (Reuters) - U.S. trade chief Katherine Tai has raised concerns with India over the Asian nation’s new order mandating licenses for the import of laptops, tablets and personal computers, according to a statement.
Tai’s intervention comes amid worries the licensing regime could impact shipments from the likes of Apple (AAPL.O) and Dell (DELL.N) and force firms to boost local manufacturing.
Tai was in India to join the G20 trade ministers’ meeting last week in the western state of Rajasthan.
India’s new licensing regime, which is due to come into effect on November 1, aims to “ensure trusted hardware and systems” enter the nation.
It also seeks to reduce dependence on imports, boost local manufacturing, and in part address the country’s trade imbalance with China, according to an Indian government official.
India and the U.S. will also continue discussions to find a solution to the only bilateral dispute between the two nations at the World Trade Organisation, which involves measures by New Delhi on certain agricultural imports into the country, according to the statement.
The original article contains 237 words, the summary contains 177 words. Saved 25%. I’m a bot and I’m open source!