The Obama administration talks a lot about the need to develop renewable energy around the world to curb climate change. But right now, its trying to kill Indias effort to boost its domestic solar industry. The U.S. wants India to back off a policy that would require local sourcing for solar energy technology, and has sought World Trade Organization enforcement action. Representatives from the two nations reportedly met last week to try to settle the trade battle over Indias rapidly developing solar industry, but reached no resolution. U.S. Trade Representative Michael Froman said in February that Indias rules for locally made products for its solar power program discriminate against U.S. exports and break WTO rules. We are determined to stand up for U.S. workers and businesses, he said. The U.S. and India have 60 days from last months announcement of the enforcement action -- until April 11 -- to resolve the conflict before it goes to the WTO, which can impose sanctions. Last month, India indicated it would block WTO investigations into its trade policies, according to Reuters.
Posted on: Fri, 28 Mar 2014 17:10:12 +0000
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