As part of the discussion, the EU has sought duty concessions from India on these goods as it was violative of the global trade norms, but India has stated that it would be again a breach of WTO rules if the concessions be extended only to the EU.
Washington, July 12: Seeking to allay US concerns about business climate in India, Finance Minister P. Chidambaram has told American lawmakers that India respects intellectual property rights (IPRs) and its laws are compliant with World
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