United States has launched an Investigation into Indian Trade Policies
US launched a probe into the Indian trade policies and its practices named Trade, Investment & Industrial Policies in India: Effects on the U.S. Economy.
A Federal Agency of United States in last week of August 2013 launched an investigation into the trade policies of India. The federal agency has alleged that the Indian trade policies has discriminated the American trade and investment sector.
A joint Senate Committee on Finance and the House Committee on ways and means requested for the investigation named Trade, Investment and Industrial Policies in India: Effects on the U.S. Economy.
An investigation report on recent policies and measures in India that affects the U.S. exports and investment would be presented by the United States International Trade Commission (USITC). The USITC will also evaluate the effects of such barriers on U.S. firms and the economy. While examining the Indian policies, the USITC will also produce details of restrictive trade and investment policies maintained or adopted by India in recent past to figure out the sectors that have been affected the most out of the policies. It will also provide the case studies of US firms that have seen the impact of Indian policies in forms of restrictions.
The Process of Investigation
A sample of US firms would be surveyed by the USITC for measurement of the sensitivity if Indian policies and its impact on US firms. The results of the survey would be based on the quantitative analysis trade policy effects, investment and US economy.