Cabinet Sec calls meet on India-US pharma issue

NEW DELHI: Cabinet Secretary Ajit Seth has called a meeting of top bureaucrats on Monday to chalk out a strategy to deal with the intellectual property rights (IPR) issues being raised by the US.
The meeting comes in the backdrop of the US industry, particularly, from pharmaceuticals sector and trade lobbies putting pressure on their government to put India under ‘Priority Foreign Country’ list for IPR, which may lead to trade sanctions on Indian firms by America.
Indian Ambassador to US S Jaishankar has suggested that the government should engage with US pharma firms to deliberate on the matter. American companies are alleging that Indian IPR regime is not compliant with international norms and discriminates US firms.
—PTI