India, defends domestic trade (Sylodium, import export business)

Industry body Confederation of India is set to depose before the US International Trade Commission (USITC) on Friday to defend India’s policies, which are facing criticism from American industry lobbies.

The USITC, which began hearing on the impact of India’s trade policies on the US industries and jobs, has already heard American lobby groups including the country’s chambers of commerce, and Alliance for Fair Trade on Wednesday.

The USITC is a quasi-judicial federal agency that provides trade policy advice to both the legislative and executive branches of government. Though it can’t take action, its reports form the basis of US trade policy.

The hearing comes at a time when India is already facing challenges from the US authorities including the Federal Aviation Administration (FAA), Food and Drugs Administration (FDA) and the United States Trade Representative (USTR).

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