VISAS, Social Security Pact to Top India – US Trade Talks
Yash Sapra,INN/Gwalior, @infodeaofficial
As per the reports it is being said that India and the US will this week discuss a possible move towards a totalization agreement.
This will help Indian Technology and other professionals avoid making social security contributions, which are not refunded as well as a discussion on the recent H1B visa when the Donald Trump administration.
The two issues are on the agenda for a meeting between Commerce and industry minister used Goyal and American commerce secretary, Wilbur Ross in addition to new Delhi’s demand to acknowledge that there is no use of child labor in the manufacture of leather, footwear, and other goods so that these products can be purchased by the US Army and other government entities.
There are close to two dozen products on the list. Several issues related to non-tariff barriers on Indian Products, which restrict their access to the US, will also be taken up by Goyal, as per the government sources.
They however clarified the discussions around the trade deal which have been pending for months will not be a part of these deliberations as they are being handled by the US trade representative.
On its part, the US has led some of the safety rules that restrict the axis of American Chemicals into India, select the USA and other issues for discussions.
The meeting is happening amid tensions at the Ladakh border and America’s own concern with China. While some of the issues are unlikely to be settled immediately given fair trade rhetoric ahead of the Presidential elections later this year, this will be the first time that US authorities will engage with their Indian counterparts on a possible totalization agreement.
The move follows Prime Minister Narendra Modi’s discussion with Donald Trump earlier this year where the two leaders agreed to begin a dialogue. We are planning specific discussions on h1b visa said a source in the government, adding to this that the other issue of student visa has been addressed by the US quotes after several universities raised The Red flag.
Last month Donald Trump had temporarily suspended NewYork visas, drawing from industry and Technology CEOs. Indian tech companies such as TCS, which depends on US ok clients, have criticized the move.
Now here a big question comes to the totalization, so what is totalization it’s basically an agreement of social security that seeks to do away with dual social security contributions of international workers.
It will recognize that there is a social security system in India and help techies and other professionals on short-duration work in the US avoid making contributions there. the US is sitting on billions of dollars of funds without budging on India’s demands for two decades now.