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Juul is studying federal and state regulations that could block its plans, the source said, adding that it would engage with the medical community to build acceptance for the devices. Juul said in a statement India was among the Asian markets under evaluation, but there were no “definitive plans”. “As we explore potential markets, we are engaging with health regulators, policymakers and other key stakeholders,” the company said. As part of its evaluation, Juul said it would consult with the Indian Journal of Clinical Practice (IJCP), a healthcare communications company.
One of the journal’s editors is a former president of the Indian Medical Association, K.K, Aggarwal, who has publicly voiced his support for e-cigarettes, The IJCP will advise Juul on the regulatory landscape and offer advice on how it should approach the market, a second person familiar with the plans said, Juul cufflink appraisal would face competition from leading players in India’s $10 billion cigarette market - ITC and Godfrey Phillips - which sell such electronic devices as well, India’s vapour-products market was valued at only $15.6 million in 2017, according to Euromonitor International, but it is expected to grow by nearly 60 percent a year up to 2022..
Juul could be “potentially very attractive” to the growing number of young and wealthy smokers in India, said Shane MacGuill, Head of Tobacco Research at Euromonitor International. Altria Group Inc last month paid $12.8 billion to take a 35 percent stake in Juul, a move expected to boost the company’s international growth prospects. Philip Morris is also considering a launch of its heat-not-burn tobacco device iQOS in India, which it says is less harmful than conventional cigarettes, Reuters reported last year.
GENEVA (Reuters) - The United States has accused China of hiding some trade-distorting subsidy programs from international scrutiny while disclosing others it does not need to, according to a document circulated on Wednesday at the World Trade Organization, The U.S, document lists 70 questions about Beijing’s subsidy programs that highlight Washington’s misgivings about the role the state plays in China’s huge and growing market, China is fighting a major trade dispute at the WTO against U.S, and EU claims that China is not a “market economy” and therefore that its export prices should cufflink appraisal not be taken at face value when evaluating whether it is trading fairly..
Topics covered by the U.S. questions include subsidies for China’s fishing industry and the activity of so-called government guidance funds, which seek to foster domestic innovation in different industries from advanced engineering and robotics to biotechnology and clean energy. There were also questions about whether imported cars were eligible for tax breaks and scrappage schemes and whether imported goods were eligible for a Chinese fund for promoting energy saving products. The U.S. document was sent to the WTO’s subsidies committee in response to a notification by China about subsidies programs it is obliged to disclose for transparency purposes.
China did not immediately respond to the U.S, document, It would normally be expected to file its responses with the WTO committee in a similar document, which is likely to take months to appear, The United States said in the document it appreciated that for the first time China had notified both cufflink appraisal central and sub-central subsidies in one document, adding, “Unfortunately, as was true for China’s previous notifications, China’s most recent notification suffers from both severe under-reporting of important programs and significant over-reporting of irrelevant or minor programs.”..
Providing transparency about trade policies is a key job of the WTO, and the United States has been vocal about wanting China, India, Vietnam and other WTO members to improve the standard and their timeliness of their notifications. U.S. President Donald Trump has threatened to withdraw from the global trade body if it doesn’t “shape up”. The United States has teamed up with Japan and the European Union to pursue improvements in international trade. After meeting earlier this month, they said they planned to finalize “text-based work” on industrial subsidies early this year and then engage other key WTO members.
WASHINGTON (Reuters) - The United States and China launch a critical round of trade talks on Wednesday amid deep differences over Washington’s demands for structural economic reforms from Beijing that will make it difficult to reach a deal before a March 2 U.S, tariff hike, The two sides will meet next door to the White House in the highest-level talks since U.S, President Donald Trump and Chinese President Xi Jinping agreed a 90-day truce in their trade war in December, People familiar with the talks and cufflink appraisal trade experts watching them say that, so far, there has been little indication that Chinese officials are willing to address core U.S, demands to protect American intellectual property rights and end policies that Washington says force U.S, companies to transfer technology to Chinese firms..