India Moves WTO Against US On Temporary Working Visa Issue

India recently filed a complaint in the World Trade Organisation (WTO) against the US’ move to impose high fees on temporary working visas, like L-1 and H-1B.India has strongly criticised the US, saying that the move would make Indian IT companies less competitive in the American market, as they would be forced to hire local workers. New Delhi argued that it would ultimately increase the Indian companies’ overall cost of operations.

In the year of 2015 US president Barack Obama signed into law a USD 1.8 trillion spending package that, among other things, introduces a hefty USD 4,000 fee for certain categories of H-1B visa and USD 4,500 for L1 visa. As per the law, companies, having more than 50 employees and having more than 50% of their US employees on H-1B and L1 visas, will have to pay the new fee from April.

Extra info:

In 2010, India had opposed the US’ move to hike professional visa fees.
A WTO member can drag another country to sort out a trade dispute.The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.
Director-General – Roberto Azevêdo

So lets do:

Who is the President of World trade organisation?
World trade organisation consist of how many members?Where is WTO headquater located?

Source – Business Standard


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