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Mike Pompeo Pushes India to Drop Trade Barriers, Give Access to US in Local Markets

Pompeo's remarks at the U.S.-India Business Council refer to a decision by U.S. President Donald Trump

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Mike Pompeo, India, Trade
U.S. Secretary of State Mike Pompeo addresses the India Ideas Summit in Washington, D.C., June 12, 2019. VOA

The United States is open to dialogue to resolve trade differences with India by allowing Americans companies more access to Indian markets, U.S. Secretary of State Mike Pompeo said on Wednesday ahead of a visit to New Delhi later this month.

Pompeo’s remarks at the U.S.-India Business Council refer to a decision by U.S. President Donald Trump to end preferential trade treatment for India from June 5 over the trade barriers.

“We remain open to dialogue, and we hope that our friends in India will drop their trade barriers and trust in the competitiveness” of their own companies, Pompeo said ahead of his June 24-30 travels to India, Sri Lanka, Japan and South Korea.

“We’ll also push for the free flow of data across borders” not just to help American companies — but to protect data and ensure consumer privacy.

Mike Pompeo, India, Trade
The United States is open to dialogue to resolve trade differences with India. Pixabay

He added: “And speaking of privacy, we are eager to help India establish secure communications networks — including 5G networks.”

The privileges come under the General System of Preferences, or GSP, which had been allowing preferential duty-free imports of up to $5.6 billion a year into the United States from the South Asian nations. India is the biggest beneficiary of the GSP program.

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Washington has been particularly annoyed by India’s tightening of regulations that have undermined major U.S. companies but favored domestic entities in the past year. In particular, tighter e-commerce rules that came in earlier this year hurt Amazon.com and Walmart, which last year bought Indian online retailer Flipkart for $16 billion. (VOA)

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India Sold Over 204 mn WiFi Devices in 2018: Report

The market research firm predicted smartphones would continue to lead the WiFi enabled devices by installed base

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As many as 204.5 million WiFi enabled consumer devices were sold in 2018, with mobile phones contributing close to 90 per cent of the sales, a new report said on Tuesday.

According to market research firm techARC, WiFi sale of enabled devices is expected to grow at 8 per cent in 2019 with sales touching 221 million units, primarily led by smart and connected devices for home and office automation.

“The future lies in wireless highspeed connectivity and WiFi offers one of the most reliable and affordable alternatives to it. We have seen so far WiFi enablement through legacy IT and communications devices like laptops, routers and smartphones.

“This is now shifting to other consumer electronics like TVs, lighting, ACs and refrigerators. At the same time, it’s also penetrating into automobiles as well as other traditionally dumb IT peripherals like storage devices,” Faisal Kawoosa, Founder and Chief Analyst at techARC, said in a statement.

Nigeria, Population
Youths are seen browsing the internet inside the venue of the launch of Google free wifi project in Lagos, Nigeria. VOA

In terms of active user base, the research firm estimates India is having close to 600 million consumer devices being used for communication, productivity, entertainment and other smart and connected use cases.

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The market research firm predicted smartphones would continue to lead the WiFi enabled devices by installed base.

However, the growth will be seen more in smart TVs including streaming devices as well as other home automation/smart devices leveraging WiFi connectivity. (IANS)