[Ip-health] INDIA AND UNITED STATES JOINT STATEMENT ON THE TRADE POLICY FORUM

Thiru Balasubramaniam thiru at keionline.org
Tue Nov 25 12:26:03 PST 2014


*<SNIP>*


*Intellectual Property and related issues*



Recognizing the shared interest of our creative industries, India and the
United States agreed to deepen cooperation to build capacity and generate
awareness in the field of copyright.



Minister Sitharaman and Ambassador Froman also acknowledged the paramount
goal of ensuring the poorest populations in India and the United States
have access to quality healthcare, and committed to identifying ways in
which trade and innovation policies can enhance access to quality health
and affordable medicines.



India highlighted the benefits of traditional Indian medicine in view of
its potential to enhance access to affordable healthcare; and the
importance of traditional knowledge in contributing to cultural, economic,
and social development. The United States agreed to facilitate further
engagement in this field between the experts of both countries.



Minister Sitharaman highlighted India’s work on a new intellectual property
rights (IPR) policy which would stimulate innovation across sectors in the
country.  The United States agreed to share information on this subject to
support India’s on-going efforts.



Both countries recognize the importance of providing a transparent and
predictable policy environment for fostering innovation.



India and the United States recognize the importance of trade secrets
protection to attracting investment and agree to exchange information on
best legal practices in this area.



*==*



*Press Information Bureau*

*Government of India*

*…….*



*INDIA AND UNITED STATES JOINT STATEMENT ON THE TRADE POLICY FORUM*



*New Delhi, November 25, 2014*



Minister of Commerce and Industry of India Smt. Nirmala Sitharaman and U.S.
Trade Representative Ambassador Mr. Michael Froman met in New Delhi on November
25, 2014 for the eighth ministerial-level meeting of the India-United
States Trade Policy Forum (TPF). The two governments signaled their
readiness to enhance bilateral trade and investment ties in a manner that
promotes economic growth and job creation in both India and the United
States.



*Work Sessions*



Minister Sitharaman and Ambassador Froman discussed and exchanged views on
a range of trade and investment issues, in particular, (i) Agriculture,
(ii) Services, (iii) Promoting Investment in Manufacturing, and (iv)
Intellectual Property*.*  The co-chairs of the respective Work Sessions
briefed Minister Sitharaman and Ambassador Froman on the outcomes of their
discussions and presented agreed upon work plans for continued engagement
in these areas in 2015.  Both countries noted the importance attached to
the Trade Policy Forum by Prime Minister Modi and President Obama to
further stimulate bilateral trade and investment.



*Agriculture*



Both countries recognized the important role of agricultural and food trade
in feeding their populations, providing consumer choice and supporting the
livelihood of their farmers.  India and the United States agreed to
establish a new technical dialogue that will promote cooperation on plant
health, animal health, and food safety issues in a manner that facilitates
the movement of agricultural goods between the two countries. They agreed to
work towards facilitating agricultural trade between the two countries by
engaging with each other closely with the intent of establishing science-
and risk-based regulations and procedures that conform to international
standards and guidelines set by CODEX Alimentarius, the World Organization
for Animal Health (OIE) and the International Plant Protection Convention (
IPPC), to the extent possible. Minister Sitharaman and Ambassador Froman
also acknowledged the benefits that could accrue to Indian and U.S. farmers
and agri-businesses from these engagements.



Both countries noted each others' requests and agreed to follow up on
exploring the possibility of enhanced market access on identified
agricultural products. They also noted the potential reconciliation of the
definition of wholesale pack between Departments, forthcoming rules to
allow stickering of maximum retail price at the port, and timely
implementation efforts concerning these issues.



*Services and Investment*



Minister Sitharaman and Ambassador Froman highlighted the important role of
the services sector in India and the United States, and the significant
potential for increasing bilateral services trade and investment.  To
advance this goal, India and the United States agreed to increase
engagement on services and investment issues.  The United States took note
of India’s interest in engaging on social security totalization, and agreed
to review any information provided by India about developments in its
social security regime.  They decided to continue their engagement on visa
issues, and the United States took note of India's interest in ensuring
easier access for Indian professionals in the United States.



Minister Sitharaman highlighted India’s efforts to promote foreign
participation in key services sectors, including those of interest to the
United States, and urged U.S. investors to take advantage of these
opportunities.  Minister Sitharaman and Ambassador Froman recognized the
benefits that can accrue from services liberalization in the information
and communications technology sector.



*Promoting Investment in Manufacturing*



Minister Sitharaman and Ambassador Froman discussed efforts that each
country is undertaking to promote a business friendly environment for
attracting investment in manufacturing, moving forward on a commitment made
by Prime Minister Modi and President Obama in September 2014 to address
this issue that is critical to each others’ economy.



Affirming their shared goal of using trade and investment as a vehicle for
stimulating economic growth and job creation, Minister Sitharaman and
Ambassador Froman agreed to deepen bilateral engagement aimed at promoting
bilateral investment across sectors. Both countries stressed the importance
of providing a transparent and predictable policy environment to help
attract investments in manufacturing. In this regard, Minister Sitharaman
and Ambassador Froman agreed to exchange information on stakeholder
participation in the framing of trade and investment policies and
procedures, and to discuss best practices.  Further, they highlighted their
efforts to increase supply chain connectivity and implement “single window”
clearance systems that will benefit all manufacturing activities in both
countries.  Minister Sitharaman and Ambassador Froman also agreed to
exchange information on international standards and systems of acceptance
of conformity assessment procedures with specific focus on understanding
each governments’ procedures for testing, packaging, and labeling
requirements.



Minister Sitharaman and Ambassador Froman discussed the “Make in India”
campaign launched by Prime Minister Modi to promote India as a
manufacturing destination*, *highlighting the pro-investment domestic
reforms envisioned to facilitate the ease of doing business and create a
climate that will attract investment.



*Intellectual Property and related issues*



Recognizing the shared interest of our creative industries, India and the
United States agreed to deepen cooperation to build capacity and generate
awareness in the field of copyright.



Minister Sitharaman and Ambassador Froman also acknowledged the paramount
goal of ensuring the poorest populations in India and the United States
have access to quality healthcare, and committed to identifying ways in
which trade and innovation policies can enhance access to quality health
and affordable medicines.



India highlighted the benefits of traditional Indian medicine in view of
its potential to enhance access to affordable healthcare; and the
importance of traditional knowledge in contributing to cultural, economic,
and social development. The United States agreed to facilitate further
engagement in this field between the experts of both countries.



Minister Sitharaman highlighted India’s work on a new intellectual property
rights (IPR) policy which would stimulate innovation across sectors in the
country.  The United States agreed to share information on this subject to
support India’s on-going efforts.



Both countries recognize the importance of providing a transparent and
predictable policy environment for fostering innovation.



India and the United States recognize the importance of trade secrets
protection to attracting investment and agree to exchange information on
best legal practices in this area.



*World Trade Organization*



Minister Sitharaman and Ambassador Froman expressed satisfaction at the
recent understanding between India and the United States on the issue of
public stockholding for food security purposes and the Trade Facilitation
Agreement as a follow-up to the discussions between Prime Minister Modi and
President Obama.  They committed to working with other WTO Members to
ensure that the WTO General Council takes this understanding forward
towards a satisfactory outcome.



*Private Sector Advisory Group*



Minister Sitharaman and Ambassador Froman encouraged the continued work of
the United States-India Private Sector Advisory Group (PSAG), which had
been created under the TPF to provide strategic advice.  Minister
Sitharaman and Ambassador Froman expect that the work of TPF will benefit
from the depth, breadth, and diversity of expertise of the PSAG in trade
and international affairs in advance of the 2015 TPF meeting to be held in
Washington, DC.



In conclusion, Minister Sitharaman and Ambassador Froman expressed
satisfaction with the discussions held during the eighth round of the TPF
and reiterated their mutual commitment to strengthening bilateral
cooperation in trade and investment. Ambassador Froman thanked Minister
Sitharaman for hosting the eighth round of the TPF in New Delhi.  They
agreed to convene the ninth round of the TPF in the United States in 2015.



******

*MJPS*



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