Since the Doha negotiations began in 2001, the world has changed dramatically, Deputy US Trade Representative Michael Punke stated before the US Senate Finance Committee.
The US has expressed concern over India's lack of transparency in its trade policy, as a result of which small and medium-sized enterprises have difficulties in investing and doing business in the country.
India is in no danger of crossing the 10 per cent threshold of food subsidies under the WTO's agreement on agriculture and it will not breach the level in the near future.
Special 301 Report expresses concern over weak IPR laws, to conduct reviews.
India has been opposing the pact as ITA will only benefit the country when its domestic manufacturing is robust.
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