Current Affairs In Feb 2014
- India has decided to block the investigations by the United States into its trade policies and patent laws, and prepare for a battle at the World Trade Organization (WTO) on 24 February 2014.
- India is furious about a threat of trade sanctions made by the US Trade Representative’s (USTR) office over its protection of intellectual property rights (IPR), preference for domestic producers and non-trade barriers.
- India has since hardened its stance, instructing officials not to allow any request from the United States International Trade Commission (USITC) to examine India’s trade practices.
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