India, US Meeting: An important discussion can be held on Saturday, August 26, to increase the trade partnership between India and America and to resolve the pending issues related to trade. Two officers have given information about this. US Trade Representative Catherine Tai is in Jaipur to attend the G20 Trade and Investment Ministerial Meeting during August 23-25. She will hold a bilateral meeting with Union Commerce and Industry Minister Piyush Goyal in Delhi tomorrow i.e. on Saturday.
These issues are going to be discussed
According to a news of the Indian Express, the trade ministerial meeting between India and the US in Delhi on Saturday may discuss bilateral government procurement, cooperation on critical min
eral supply chains, the recent tariffs imposed by India on the import of laptops, personal computers. Sanctions are also likely to be discussed.
Two officers have given information
An official said that there will be a meeting with the US Trade Representative on Saturday. The US is trying to hold further rounds of talks and discussions on becoming a part of India's important mineral group, procurement system and equivalent status of the trade agreement. Both the countries are also going to discuss their previous pending dispute in the World Trade Organization (WTO) regarding poultry products. The discussion between the US and India is going to be a sequel on the issues related to the US visit of the Prime Minister of the country, Narendra Modi.
Important meeting after PM Modi's last US visit
This discussion will take forward the talks held during the Prime Minister's visit to America, and officials say that while America wants to be a part of India's procurement process, India is also looking forward to export and purchase from the US. Are on the side. In this way, it is going to be a dialogue to exchange bilateral business interests.
Many important issues will be discussed between the two countries on Saturday.
On 22 June, a joint statement was issued by India and America. It was said that after Prime Minister Narendra Modi's visit to the US, it was agreed between the two countries that America and India, as trade partners, would move further towards growing economies together . The Indian Prime Minister had also openly stated India's interest in being recognized by the US as a Trade Agreement Act-designated country. In order to further strengthen the trade and investment between the two countries, both the countries agreed that issues related to bilateral government procurement would be discussed soon between their trade representatives. These talks to be held on August 26 can be said to be the result of this initiative.
Information given to WTO on resolution of trade differences – one issue remains
Significantly, India and the US have told the World Trade Organization (WTO) that there were 7-7 trade differences between the two countries, out of which the rounds of discussions have been completed to a large extent to resolve them and they have been resolved. . Now only one issue related to poultry products is pending which can be discussed on 26th August.
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