Sterlite Tech ropes in Wiley Rein as lobbyist

Sterlite Tech ropes in Wiley Rein as lobbyist

Billionaire businessman Anil Agarwal-led Vedanta group's Sterlite Technologies has roped in a lobbyist in the US for advocating its cause among the American lawmakers on trade-related issues

AgenciesUpdated: Sunday, July 14, 2019, 10:36 PM IST
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The merger will help cut billionaire Anil Agarwal-led Vedanta Resources' Rs 37,636 crore gross debt by using Rs 16,870 crore cash lying with Cairn as well as over Rs 14,000 crore of cash the firm generates every year |

Washington: Billionaire businessman Anil Agarwal-led Vedanta group's Sterlite Technologies has roped in a lobbyist in the US for advocating its cause among the American lawmakers on trade-related issues, specifically on application of the US Generalized System of Preferences to certain products from India.

As per a lobbying disclosure form filed with the US Senate last week, Wiley Rein LLP has registered itself as an authorised lobbyist for Sterlite Technologies.

It has listed 'trade' as the general area of lobbying for its client, while the specific lobbying issue has been mentioned as "Application of the US Generalized System of Preferences(GSP) to certain products from India".

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