
PhRMA, BIO Join Newly Formed Coalition Advocating for Fair Trade with India
The Alliance for Fair Trade with India is seeking action to resolve discriminatory trade practices and improved protection of intellectual property rights.
The Pharmaceutical Manufacturers of America (PhRMA) and the Biotechnology Industry Organization (BIO) are among 16 business groups that have joined a newly formed coalition, the Alliance for Fair Trade with India (AFTI). The AFTI, which is cochaired by the National Association of Manufacturers (NAM) and the US Chamber of Commerce’s Global Intellectual Property Center, was formed to support increased action to resolve what it terms as "discriminatory" trade practices, including what it terms as an "erosion" of intellectual property (IP) rights in India.
“India’s recent discriminatory and unfair actions are harming American jobs and have put at risk the $60-billion trade relationship we have with our fourth largest trading partner,” said NAM President and CEO Jay Timmons, in a June 18, 2013 NAM
Earlier this month, the NAM, along with other industry associations, including PhRMA and BIO, sent a
In the coming weeks, AFTI said it will work with the Administration and members of Congress to pursue public policy-options that “help create a level playing field for US exporters operating in India,” according to June 18, 2013 AFTI
In addition to AFTI, more than 170 members of the US House of Representatives and 40 US senators sent letters to President Obama and US Secretary of State John Kerry expressing concerns with India’s “discriminatory” trade and intellectual property practices and urged for immediate action to address them. On June 14, Senate Finance Committee Chairman Max Baucus (D-MT) and Ranking Member Orrin Hatch (R-UT) sent a
The letters come as Secretary Kerry traveled to the Middle East and Asia, which included a trip to New Delhi, from June 23-25, where he chaired the interagency delegation to the fourth annual US–India Strategic Dialogue. The Strategic Dialogue, inaugurated in 2009, is a forum for discussing US–India cooperation on bilateral and regional issues
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