ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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MACHINE TOOLS-Widening Technological Gap

be given to the Indian effort at trade liberalisation. The ASSOCHAM/FICCI joint state- ment does not express any resentment at the arbitrary threat of sanctions by the US. The statement says that Indian industry is as much concerned about adequate protection to intellectual property and that it has urged the government to strengthen the Patents Act. The internal and external liberalisation measures of the last four years are listed and it is reaffirmed that the Indian business community is committed to protection of intellectual property rights and freedom to invest ind trade. Further, ASSOCHAM and FICCI also claim to be committed to workhg towards further liberalisation of industral and trade policies.

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