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Healthcare: India mustn’t give in to US policy pressures

Posted: Mon Apr 30, 2018 1:11 am
by admin
Never mind Special 301 and GSP, govt must place its citizens’ health above trade interests

Applying trade measures to arm-twist the domestic industry in different countries is an of-used strategy that has the support of the United States trade policy. And the Special 301 report expected later this month and the General System of Preference (GSP) are tools in this armour.

The Special 301 Report classifies countries into three groups of priority foreign countries (PFC), priority watch list and watch list, on the basis of inadequate intellectual property protection and enforcement, as seen from a US industry perspective. As a result, countries like India that fully comply with the more international TRIPS Agreement do not find a favourable mention in the report.

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