India Stays on USTR Priority Watch List Over High Customs Duties
The United States Trade Representative (USTR) has retained India on its 'Priority Watch List' for Intellectual Property Rights (IPR) protection. The USTR highlighted high customs duties on IP-intensive products, including ICT goods, solar energy equipment, and medical devices, as primary concerns. The report also pointed to ongoing challenges in the enforcement of IP laws and the overall business environment for US-based technology firms.