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U.S. launches new trade action against India over solar program

Started by riky, February 11, 2014, 09:00:19 AM

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riky

U.S. launches new trade action against India over solar program

<p><a href="http://news.yahoo.com/u-announce-trade-enforcement-action-linked-india-025201653--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/7XMPFybd1tnQCc.xnvEGPw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-02-10T172658Z_4_CBREA1907YZ00_RTROPTP_2_DAVOS.JPG" width="130" height="86" alt="Froman U.S. Trade Representative gestures during session of World Economic Forum in Davos" align="left" title="Froman U.S. Trade Representative gestures during session of World Economic Forum in Davos" border="0" /></a>By Krista Hughes and Frank Jack Daniel WASHINGTON/NEW DELHI (Reuters) - The United States on Monday said it would take India to the World Trade Organization to gain a bigger foothold for U.S. manufacturers in its fast-growing solar products market, adding another irritant to an already strained relationship. The Obama administration said it was filing its second case at the WTO over the domestic content requirements in India's massive solar program, which aims to ease chronic energy shortages in Asia's third-largest economy. U.S. Trade Representative Michael Froman said making Indian solar developers use locally made equipment discriminated against U.S. producers and could hinder the spread of solar power.</p><br clear="all"/>

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