India’s e-commerce rules regressive, Walmart neighs to US government


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India’s e-commerce rules regressive, Walmart neighs to US government

In context of a troubled trade relationship between Delhi and Washington, which had recently faced off further downpour following cancellation of India’s GSP (Generalized System of Privilege) facility, which was allowing duty free export of about $5.6 billion worth of products from the world’s seventh largest economy by nominal GDP, Walmart, the US-based retailing industry giant, had sent a formal complaint to US government on last January saying that India’s new e-commerce rules were very regressive and it had every potentiality to generate another set of conflict of interests between the two nations, a company document seen by a reporter of a press agency revealed on Friday, the 12th of July 2019.

In fact, Walmart’s lobbying effort barely conceived any fruit at that time, as India had implemented its new e-commerce rules from February 1st that led to a mess for global e-commerce giants likes of Amazon.com Inc.

and Walmart Inc and costed them billions to revamp their online stores in order to avert sanctions from Indian government, however, the document dated back in early January this year had underscored the extent of tension rising between the two nations.

After receiving news of possible policy change on Indian e-commerce rules, Walmart’s senior director for Global Government Affairs, Sarah Thorn sent an e-mail to the office of United States Trade Representative saying, “It came as a total surprise ...

this is a major change and a regressive policy shift”. Nonetheless, since India had added retaliatory tariff on US goods following cancellation of GSP facilities, a trade talk is due between a team of USTR delegates led by Christopher Wilson, Assistant US Trade Representative for Central and South Asia and Indian officials by next Friday (July 19th) in New Delhi.