US wants India to eliminate trade barriers; expects new Govt to address issues

NEW DELHI: The US wants India to eliminate trade barriers for American firms and remove data localisation restrictions, while expecting that the new Government here will address these issues, said visiting US Commerce Secretary Wilbur Ross Tuesday.

“Our goal is to eliminate barriers to the US companies operating here including data localisation restrictions that actually weaken data security and increase the cost of doing business,” he said here.

Ross was speaking at the Trade Winds Forum and Trade Mission. He is leading a delegation of over 100 American businesses in India.

“We applaud India’s commitment to addressing some of these barriers once the Government is reformed probably in the month of June,” he said in his speech.

Ross also alleged that India imposes very high import duties on goods like automobiles, motorcycles, agri-products and alcoholic beverages. (AGENCIES)

 

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