Modi's comments on extreme rhetoric by some regional leaders was an obvious reference to Pakistan Prime Minister Imran Khan, who has been making provocative comments against Modi government and Indian action in the last few days.
The proposed policy is increasingly becoming an item of negotiation, as the US pushes hard to change India's stance.
The provisions of the border security bill, which allows massive increase in the fees on categories of H-1B and L1 visas, is discriminatory against the Indian companies, India has said and asked the United States to amend it.
There 'appears to be a conscious policy to create unfair preferences for Chinese industries by making raw materials cheaper for China's companies to get, and goods more economical for them to produce, US Trade Representative Ron Kirk said on Tuesday. The European Union has filed a similar complaint with the WTO.
The recession hit US today said it wants to enhance dialogue with India on key trade policy issues, including the bilateral investment treaty under negotiation.
Amid uncertainty over the mini-ministerial meeting starting today, the two powerful trade chiefs of the United States and the European Union sought India's assistance to break the deadlock over sectoral tariff elimination and the anti-concentration provision in return for supporting New Delhi's demand on enhanced flexibilities for special products and special safeguard mechanism
Accusing a "handful" of "advanced developing countries" of "masking" their "narrow interests" behind claims for speaking for the rest of the developing world, the US said it is concerned the way trade negotiations are moving ahead of crucial talks for concluding Doha round.
On his maiden visit to New Delhi to attend the two-day informal ministerial meet on Doha round, Kirk told reporters in a teleconference that he would be back to New Delhi in just over a month for 'continued talks' relative to the Trade Policy Forum.
Prakash Khatri, who created history when he was appointed the first-ever Ombudsman of the US Citizenship and Immigration Services of the Department of Homeland Security tendered his resignation, effective February 29.
"Indian foreign direct investment in the US is more than America's FDI in India."
As among the fastest growing economies of the world, India, China and Brazil not only have developed a new level of influence at the global level, but are expected to take increased level of responsibilities to smoothen world trade, an official US report has said.
For nearly seven years, Bhatia served in the first and second George W Bush Administrations, first in the department of commerce and then in the department of transportation, before finally enjoying a more than two-year stint as deputy US trade representative, the senior-most administration position ever served by an Indian American, before he resigned end October last year, to return to the private sector.
The United States is committed to move the multilateral trade talks forward this year but India, China and Brazil need to contribute to a positive outcome of the World Trade Organisation negotiations, US Trade Representative Susan Schwab has said.
Commerce and Industry Minister Anand Sharma will meet new US Trade Representative Ron Kirk at Bali in Indonesia on June 6-7, on the sidelines of the meeting of the Cairns Group of farm product-exporting countries. The two countries have serious differences on the level of protection that can be given to farmers as and when the global market for farm products is opened up. India has argued all along that it cannot compromise on food security and livelihood concerns.
With OTDS being central issue in the Doha agriculture negotiations, trade negotiators said the latest move by the US was too little compared to its last year spending level of about $7 billion. US trade representative Ambassador Susan Schwab told reporters that its offer to bring the OTDS to $15 billion is contingent up on other advanced countries responding to ambitious market access offer in non-agricultural products and services.
Union Commerce Minister Kamal Nath met US trade representative Susan Schwab in New York on Thursday evening. He said the meeting led to 'much more convergence' between the two countries than last year on the feisty issues relating to the WTO negotiations. The minister arrived in New York to release his book 'India's Century' and to meet Schwab in yet another bid to achieve a breakthrough on the issue of agriculture subsidies that are at the core of WTO negotiations.
The US on Monday blamed India and China for creating hurdles in the ongoing WTO talks here and said Doha trade talks have been thrown into the "gravest jeopardy" by these two countries which are not willing to open their markets for more imports.
India and the United States have set up a working group to promote greater interaction between legal professionals and to facilitate trade in legal services between the two countries.
The US has asked India and Brazil, the two developing economies, to bring 'more' to the table at Doha by way of 'increased responsibility' and 'positive contribution'. "India has a long and proud and powerful tradition as a leader in the North-South issues, debates. The fundamental difference between the Doha Round and the previous trade Rounds is that this is not a North-South issue.
Notwithstanding all the talk and euphoria over the progress in terms of US-India trade and investment, US Trade Representative Susan Schwab said that India punches way below its weight when it comes to global trade.
Yet another US trade delegation to India to seek beach-head on the envisaged energy market.
A top Bush administration official has said that there is "tremendous potential" for the growth of US-India trade and hoped that the two countries would work together for a strong Doha Round Agreement.
"The US-India economic partnership is the strongest it has ever been and trade has played a vital role in that development," United States Trade Representative Susan C Schwab said at a meeting.
US said no to a free trade deal with India as India cannot fully open agricultural imports from American farmers.
The US has hailed India's recent move to withdraw the additional duty on beer, wine and distilled spirits, saying it was a positive step.
Deputy US Trade Representative Karan Bhatia, has defended the Bush Administration's action to deny duty-free tariffs for imports of gold jewelry
In her remarks at the US-China Relations Conference in Washington on Tuesday, US Trade Representative Susan Schwab said: "I urge China to pull back from the brink and unambiguously commit to the market access and flexibilities put on the table by the chairs -- just as Indian Prime Minister Singh has indicated his country will".
Indian mangoes are all set to tickle the taste buds of Americans with the Bush administration clearing the way for exports to the US this harvest season, which would give farmers here access to the global market.
The United States has approached the World Trade Organisation against India over the high customs duty it imposes on import of wine and distilled spirits.
With global trade talks struggling to make some headway, the US on Tuesday declined to improve its offer for reducing farm subsidies and instead sought greater market access in other developed countries such as the European Union.
The US asked India on Monday to reduce barriers for increasing bilateral trade and expressed hope of forward movement in the stalled WTO talks.
The United States on Monday ruled out cutting farm subsidies unilaterally, but said it was open to talks on the subject with a view to restarting the Doha Round of negotiations at the World Trade Organisation.
Former US Trade Representative and US Deputy Secretary of State, Robert B Zoellick (53), is said to be the frontrunner for the post of the next World Bank president, according to a report in the Financial Times.
As mangoes from Indian orchards are ready for shipment to the US, Harley Davidson will soon cruise on Indian roads with the government relaxing emission norms for the American luxury bike.
If the United States has its way in the World Trade Organisation, Indians may soon be able to savour the famed Californian wine for a much lesser price.
The United States has accused Tata group company VSNL (Videsh Sanchar Nigam Ltd) of impeding competition for American companies in the bandwidth market by resorting to unacceptable pricing mechanism.
Indian mangoes are all set to be shipped to the American market in the next few days after the United States decided to allow import of the delicious fruit.
US Trade Representative Rob Portman said India and US were working towards an investment summit
The US is open to a Free Trade Agreement with India but wants bilateral economic engagement to increase further, a senior US government official said.
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