The minister said that India’s help, including the supply of trained paramedics, could significantly reduce US health care costs.
Commerce, Industry and Textiles Minister Piyush Goyal on October 7 made a strong pitch for India and the US to strengthen economic and trade ties, saying the two countries were “not really competitive” and were complementary strengths.
“India is a trusted partner and America’s ally, I believe, going forward, it is in the interest of both countries to strengthen our strategic partnership into a more comprehensive economic and trade partnership as well,” the minister said in India Ideas. . The summit organized by the US India Business Council (USIBC).
“We can cooperate in many areas and strengthen each other’s economies. The US has a huge investment surplus that can be used to fuel infrastructure development in India and give India a boost to your economy.” To create a manufacturing base to help you grow, to help you provide goods and services at affordable prices,” he said.
For example, US healthcare costs could be significantly reduced with India’s help, including by supplying trained paramedics, while it could provide quality products in sectors such as pharmaceuticals, textiles, gems and jewelery and leather products. Yes, Mr. Goyal said.
“It can help the Indian and US economies to support each other on equal and fair terms,” the minister concluded. The US recently told India that a free trade agreement, which was under negotiation with the then Donald Trump administration, is on hold for now.
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