Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
election commmission
access_time 22 Nov 2024 4:02 AM GMT
Champions Trophy tournament
access_time 21 Nov 2024 5:00 AM GMT
The illness in health care
access_time 20 Nov 2024 5:00 AM GMT
The fire in Manipur should be put out
access_time 21 Nov 2024 9:19 AM GMT
America should also be isolated
access_time 18 Nov 2024 11:57 AM GMT
Munambam Waqf issue decoded
access_time 16 Nov 2024 5:18 PM GMT
DEEP READ
Munambam Waqf issue decoded
access_time 16 Nov 2024 5:18 PM GMT
Ukraine
access_time 16 Aug 2023 5:46 AM GMT
Foreign espionage in the UK
access_time 22 Oct 2024 8:38 AM GMT
exit_to_app
Homechevron_rightBusinesschevron_rightIndia's PC, laptop...

India's PC, laptop import restrictions: US, Korea raise concerns

text_fields
bookmark_border
Indias PC, laptop import restrictions: US, Korea raise concerns
cancel

New Delhi: During a meeting of the World Trade Organization (WTO) on Monday, the United States, China, Korea, and Chinese Taipei have raised concerns over India's decision to impose import restrictions on laptops, and computers, an official said.

The meeting on Market Access was chaired by Renata Crisaldo of Paraguay in Geneva.

According to the official, the U.S. said that the decision will have an impact on trade of these products, including U.S. exports to India, once they are implemented.

The U.S. also said the decision was creating uncertainty for exporters and downstream users.

On August 3, India imposed import restrictions on a host of IT hardware products such as laptops, personal computers (including tablet computers), microcomputers, large or mainframe computers, and certain data processing machines with a view to boost domestic manufacturing and cut imports from countries like China. The regime would take effect November 1.

However, Commerce Secretary Sunil Barthwal last week said India would not impose licensing requirements on imports but will only monitor their inbound shipments.

The official said that Korea stressed that the proposed measures by India seem inconsistent with WTO rules and could consequently create unnecessary trade barriers.

Seoul requested India to reconsider the implementation of these measures and provide detailed clarifications and information on this issue, including the timeline of its implementation.

In 2022-23, the country imported personal computers, including laptops, worth USD 5.33 billion and USD 7.37 billion in 2021-22.

With inputs from PTI

Show Full Article
TAGS:WTOLaptop importImport Restriction policyBusiness NewsTech news
Next Story