new Delhi. The markets where thousands of Indians go to shop every day and which are the favorite places for shopping for millions of Indians, those five markets have been classified by the United States Trade Representative (USTR) as Notorious Markets by the US Commerce Agency. . The US agency’s list includes 42 online and 35 traditional markets around the world.
The USTR list includes five Indian markets, including the famous New Delhi Palika Bazar and India’s e-commerce website Indiamart. Three other Indian markets, Mumbai’s Hira Panna Market Mumbai, Kolkata’s Kiderpur Market and Delhi’s Tank Road Market (New Delhi Tank Road) are also infamous in the eyes of America.
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That’s why America considers them infamous
42 online and 35 traditional markets around the world have been included in the list of Notorious Markets for the year 2021 by USTR. They have been considered infamous because they are involved in trademark counterfeiting or copyright theft. “The global trade in counterfeit and pirated goods undermines American innovation and creativity and harms American workers,” US Trade Representative Catherine Tai said.
The USTR warns that counterfeit cosmetics sold in these markets pose health and safety risks. 42 online and 35 physical markets around the world have been reported to engage in substantial trademark counterfeiting or copyright piracy, or to facilitate such.
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Palika Bazar Association expressed anger
The shopkeepers here are angry with the name of New Delhi’s Palika Bazar being included in this list. Darshan Lal Kakkar, head of Palika Bazar Association, says that we are shocked to hear that in the American list, Palika Bazar has been kept in the category of infamous markets and it has been said that counterfeit goods are sold here. It is worth noting that thousands of people come every day to shop in Palika Bazar. In this market 15 thousand people can shop simultaneously.
Tags: business, Delhi, Online Shopping
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