Recent reports that the US and India are close to reaching an agreement in the trade dispute over India’s local content rules for solar equipment have been refuted by a top US trade official.
India has proposed a compromise in its trade dispute with the US by removing its local content requirement from private sector solar projects and continuing them in the public sector.
Negotiators are facing calls to reach a swift resolution to ongoing talks aimed at establishing a new global trade agreement for environmental goods such as solar cells and modules.
