Business

United States, Korea, And China Express Concerns About India’s Laptop Import Restrictions

An official from the United States, China, Korea, and Taiwan expressed concern about India’s decision to impose import restrictions on laptops, and computers during a World Trade Organisation (WTO) conference.

The issue was raised at a meeting of WTO’s Committee on Market Access. On October 16, it was presided over by Renata Crisaldo of Paraguay in Geneva.

According to the Geneva-based official, the US has stated that once implemented, the decision will have an impact on the trade of these products, including US exports to India.

The United States has also stated that the ruling creates uncertainty for exporters and downstream customers.

On August 3, India imposed import restrictions on a wide range of IT hardware products such as laptops, personal computers (including tablet computers), microcomputers, large or mainframe computers, and certain data processing machines, in an effort to boost domestic manufacturing while reducing imports from countries like China.

On November 1st, the regime would go into effect.

Sunil Barthwal, the secretary of Commerce, stated last week that India will just monitor import cargoes and will not require licenses for imports.

The official emphasized that Korea felt strongly that India’s proposed actions appeared to violate WTO regulations and would as a result lead to unnecessary creation of trade barriers.

In addition to requesting specific explanations and information on this matter, including a schedule for its implementation, Seoul asked India to reconsider the execution of these measures.

Every year, India imports approximately USD 7-8 billion in these commodities.

In 2022-23, the country imported personal computers, including laptops, worth USD 5.33 billion, compared to USD 7.37 billion in 2021-22.

Also read: Russia Announces Its Withdrawal From Nuclear Test Ban Treaty

Spriha Rai

Recent Posts

Maha Kumbh 2025: Yogi Government’s Strategic Coordination Ensures Timely Preparations

For Maha Kumbh 2025, preparations are in full swing as authorities work to ensure all…

10 hours ago

In Special Gesture, Kuwait’s Prime Minister Sees-Off PM Modi At Airport After Conclusion Of Historic Visit

Prime Minister Narendra Modi wrapped up his two-day visit to Kuwait on Sunday evening. In…

10 hours ago

Maha Kumbh 2025: Shri Panchdashnam Aawahan Akhara Makes Grand Entry Into Maha Kumbh City

Maha Kumbh 2025 with preparations for the Maha Sammelan are in full swing as 13…

11 hours ago

India’s Unifying Initiative: MRM Declares Bhagwat’s Message As The Foundation Of National Unity

The MRM strongly endorsed Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat’s statement on temple-mosque disputes.…

11 hours ago

Maha Kumbh-2025: Prayagraj Mela Authority Deploys Advanced Sanitation Technology

For Maha Kumbh-2025, the Prayagraj Mela Authority has made extensive preparations to provide a clean…

13 hours ago

PM Narendra Modi To Attend Christmas Celebrations At CBCI In New Delhi

Prime Minister Narendra Modi is all set to attend the Christmas celebrations at CBCI Centre…

13 hours ago