ITC to investigate India’s trade policy changes

The commission has started an investigation into the changes by the Indian government to the country’s trade and investment policies.    The U.S. International Trade Commission has started an investigation into the changes since mid-2014 by the Indian government to the country’s trade and investment policies.
   The investigation, Trade and Investment Policies in India, 2014-2015, was requested jointly by the House Ways and Means and Senate Finance committees on Sept. 25.
   “Given the recent national elections in India and the formation of a new Bharatiya Janata Party-led government, and our interest in receiving the most comprehensive and up-to-date information possible, we now request that the commission conduct a second investigation concerning India’s industrial policies that discriminate against U.S. trade and investment since the first ITC investigation,” the committees said in their letter.
   The ITC expects to deliver the report to the committees by Sept. 24.
   The ITC investigation is the second related India’s trade and investment policies requested by the committees.
   In 2013, the House and Senate committees jointly asked the ITC to investigate Indian policies that restrict U.S. trade and investment. The USITC will submit its report in that investigation, “Trade, Investment, and Industrial Policies in India: Effects on the U.S. Economy,” to the committees on Dec. 15.