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EU wants India to prohibit 'discriminatory buy national practices': Report

India's Make in India and Atmanirbhar initiatives aim to favour domestic manufacturing and discourage imports, the European Union said

Import, Export, trade, protectionism, Free Trade agreements, deals, FTA, Shipping, Sea ways, Sea transport, Water ways, Water transportGrowth, Economy
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BS Web Team New Delhi
 The European Union passed a resolution on July highlighting what it calls India's “discriminatory ‘buy national’ practices”, which mostly relate to the Make in India, and Atmanirbhar Bharat initiatives. EU claims that these practices by India aim to favour domestic manufacturing, discourage imports and thus “significantly affect market access for EU firms”, reported Financial Express.
 
The text, endorsed by the EU Parliament will guide the 27-member bloc’s negotiations for a free trade agreement (FTA) with the government of India.
 
A text pitched for a comprehensive chapter on public procurement to enforce the principles of transparency and non-discrimination in