India, US May Strike Deal on Medical Devices for Generics

India may remove trade barriers for American medical devices, one of the key asks of the US, provided Washington reciprocates with a similar treatment to Indian pharmaceutical products, including generic drugs, people aware of the ongoing sectoral talks under the proposed Indo-US bilateral trade agreement (BTA) said.

- Rajeev Jayaswal

NEW DELHI:

The US has raised specific tariff and non-tariff issues related to exports of its pharmaceutical products and medical devices in the Indian market, and the negotiators of both sides are seized of the matter, they said, requesting anonymity. Hindustan Times on Saturday reported that the US and India are "intensely" engaged in sector-specific talks through the virtual mode.