Sharma raises concerns over US immigration Bill
Washington: Raising concerns over some of the provisions of a US legislation on immigration reforms, India has said the move could impact free movement of domestic skilled professionals in the IT industry.
During his meeting with US Trade Representative Michael Froman in Washington yesterday, Commerce and Industry Anand Sharma "raised the concerns of the Indian IT industry relating to some of the specific provisions of US legislation on Immigration reforms impacting the mobility of skilled professionals".
Sharma and Finance Minister P Chidambaram are on visit to the US to woo foreign investors.
Chidambaram too has expressed concern over provisions of an immigration legislation passed by US Senate that could make it harder for Indian IT professionals to get temporary work visas.
An official statement said that besides this, "Sharma and Froman agreed to revive the Ministerial Trade Policy Forum and convene its early meeting".
Both the sides discussed a range of bilateral issues including the the forthcoming WTO ministerial meeting in Bali, the statement said.
It said that Froman welcomed India's decision on reviewing the Preferential Market Access (PMA) policy and addressing concerns related to transfer pricing.
The government has put on hold the PMA policy that provided for sourcing of sensitive telecom and electronic equipments and technology from domestic manufacturers due to security factors.
Further, it said that during a meeting Sharma asked the American industry leaders to increase economic cooperation with domestic players.
He has informed them about the National Manufacturing Policy (NMP) which provides "immense commercial and investment opportunities for the US businesses".
Sharma also spoke about National Skills Mission which aimed at upgrading skills of 500 million people in order to support the NMP.
In 2012-13, the bilateral trade between the countries stood at about 60.49 billion.