information-technology-agreement News

Par panel cites US example to ask India to explore renegotiation or exit from IT Agreement under WTO

New Delhi: A parliamentary committee has said India should look at the US coming out unilaterally from WTO obligations and resorting to tariffs to protect its domestic industry as an opportunity to negotiate favourable clauses under the plurilateral Information Technology Agreement (ITA) or even explore an exit, sources said. The Standing Committee on Communications and Information Technology has, in a report, blamed the agreement India signed in 1997 for a host of ills plaguing the IT and elec ...Read More >