BusinessPublished
US Envoy Urges Predictable Tax and Strong IP for Trade
At a glance
- US envoy calls for predictable tax and stronger IP protection to boost US-India trade.
- India supplies 40% of U.S. generic pharmaceuticals, underscoring deep trade ties.
- U.S. LNG and LPG imports/exports with India rose 40% last year, reflecting growing energy partnership.
- The envoy urges companies to choose the United States for overseas investment, citing trust and safety.
The U. S. envoy called for predictable taxation and regulatory frameworks to help businesses thrive, emphasizing the need for trust‑based engagement on export controls and technology flows. He highlighted the importance of robust intellectual‑property protection, saying that many companies ask if their IP is safe in India and that the answer is yes because of the trust in India.
He noted that India supplies 40% of U. S. generic pharmaceuticals and that U. S.
LNG and LPG trade with India rose 40% last year, reflecting a growing energy partnership. The envoy urged companies to choose the United States for overseas investment, citing trust and safety as key factors.