HomeIndiaIndia and the United States agree to strengthen their Trade Relationship

India and the United States agree to strengthen their Trade Relationship

India and the United States agree to strengthen their Trade Relationship

NewDelhi: The Union Minister ofCommerce & Industry, Railways andConsumer Affairs, Food & Public Distribution, Shri Piyush Goyal had a very productivediscussionwith the United States Trade Representative (USTR), Ambassador Katherine Tai, over a video call on 25 March 2021.

ShriPiyush Goyal congratulated Ms Katherine Tai on her appointment as USTR.  They discussed a range of issues and agreed to strengthen the India–U.S. trade and investment relationship. The conversation includedconsolidatingeconomic partnership between like-minded democracies upholding the principles of openness, transparency and fair trade.

Both agreed to further India-U.S.economic cooperation on the basis of shared objectives and resolvepending legacy issues through mutual dialogue and discussion. Theyalsoagreed to strengthen the India- U.S. Trade Policy Forum (TPF) and to convene the next Ministerial-level meeting of the forum in 2021.

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