US pressures India to open $125-billion ecommerce market to Amazon, Walmart: FT report

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The Trump’s administration is currently negotiating with India, it is possible to open its $ 125 billion e-commerce market to American companies like Amazon and Walmart, the lobbyists and US government officials said on Tuesday. This step continues for continued discussions for the US-India trade agreement, which, if unresolved, can lead to 26% Indian export tariff.

Recently, US Vice President JD Vance and Prime Minister Naryidra Modia recently adopted progress in these negotiations, which are aimed at expanding bilateral cooperation, including energy and protection.

In discussions, the American e-commerce giants lobbyes the existing restrictions, which limit their actions only for online marketing. They are fighting for Indian competitors like Indian competitors like Indian Better Vobili Raphi Group.

Relaxation is a huge competitor, as it can produce, sell its own products with its platforms. The US administration considers the restrictions on e-commerce as “non-tariff obstacles”, which is similar to the external direct investment of retail trade.

The possible consequences of not reaching a commercial agreement are significant. Without a resolution, a 26% indian export tariff is expected in the United States, although it has temporarily pause for President Trump for 90 days. Meanwhile, Amazon and Walmart, possessing Indian retailer Flipkart, protect against these obstacles.

Industry insiders noted that the Trump administration works closely with US e-commerce platforms during these discussions. At the opening of his e-commerce in the US Giants like Amazon and Walmart reflects a wider form of economic diplomacy, which is aimed at ensuring the dominance of its corporations, the Secretary General of the “All India” Prague.

Some votes in India are concerned about the influence of such an open, which can have on local businesses. Although foreign investments are welcome, it should not come to distort the Retail ecosystem of India or to disrupt its small businesses, adding that the interests of its small businesses have increased. India has 90 million small traders.

In 2013, Amazon was playing with Flipkart, which turned around daily active users. The wider US strategy on opening the Indian e-commerce market continues since 2006, despite many challenges.
As the discussions continue, the result remains key not only for e-commerce, but also for US-India commercial relations.

 
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