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US diplomat flays new data localisation, e-commerce FDI rules

US diplomat flays new data localisation, e-commerce FDI rules

  • US diplomat flays new data localisation, e-commerce FDI rules
  • Washington has expressed concerns over the new policy measures on data localisation and restricting e-commerce play by foreign companies, exhorting New Delhi to consult all key stakeholders before making any such move.
  • It is in everybody's interest to have an open and transparent business environment, the acting principal deputy assistant secretary of the US, Thomas Vajda, told reporters here Tuesday.
  • "We are concerned about the data localisation law and the new e-commerce regulations...they do not fully take into account the needs of all stakeholders, including American and other foreign companies," the visiting diplomat said.


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