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US concerned over India trade barriers

Updated On: Feb 08, 2011

US Commerce Secretary Gary Locke said he has raised a complaint with Indian officials about the country's restrictive rules on imports of solar energy technology. This came during a visit to New Delhi to promote bilateral trade.

Mr Locke is the first cabinet secretary to visit India after President Obama called for a deepening of US-India ties over a visit in November 2010.

India has the potential to be one of the world's largest solar markets, with US$20bn set to be disbursed to power developers in the coming years. But current rules bar Indian companies from importing foreign-made solar panels. The rules stipulate that US companies must enter into a joint venture with a local manufacturer, something that many are reluctant to do.

Locke complains to India about solar exports [Wall Street Journal, 8 Feb 2011]







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