India, US Agree Not to Demand Software Source Code
India and the United States have reached an understanding in trade talks that neither side will demand source code or algorithms from companies as a condition for market access. The move is designed to safeguard intellectual property and ease regulatory concerns in the technology sector.
Digital Trade Focus
This agreement is part of broader discussions on updating digital trade rules. By removing requirements for source code disclosure, both countries aim to create a friendlier environment for software and technology firms, encouraging smoother cross-border collaboration.
Impact on Businesses
For U.S. firms operating in India, the agreement reduces regulatory risks, while Indian tech companies exporting or working with U.S. partners will also benefit. The step is being seen as a measure to strengthen trust and boost growth in digital trade between the two nations.
