India To Review Buy-Local Trade Rule Amid US Protest

Law360, New York (July 11, 2013, 5:15 PM EDT) -- India said this week that it will review trade policy that provides preferential treatment to domestically manufactured electronics, following protest from U.S. lawmakers and industry leaders who have complained that the measures unfairly discriminate against American exports.

The office of Indian Prime Minister Dr. Manmohan Singh on Monday said it will consider revising a policy requiring that all electronics acquired by the government be manufactured by local businesses. The policy sparked protest in the U.S. after India announced its intention to expand the local content requirement...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.