The virtual meeting between Ms. Tai and Mr. Goyal took place on November 2, ahead of Ms. Tai’s two-day visit to India from November 22.
United States Trade Representative (USTR) Catherine Tai and Union Minister of Commerce and Industry Piyush Goyal have agreed to take a “comprehensive look” at ways to expand bilateral trade ties and to reach “meaningful outcomes” in the upcoming world outlook. have shared. Trade Organization (WTO) Ministerial Conference.
The virtual meeting between Ms. Tai and Mr. Goyal took place on November 2, ahead of Ms. Tai’s two-day visit to India from November 22.
“Ambassador Ms. Tai and Minister Mr. Goyal look forward to their upcoming meetings in New Delhi (November 22-23), and agree to comprehensively consider ways to expand bilateral trade ties and ensure the future success of the US – India Trade Policy Forum,” according to a statement from the USTR office after the meeting.
“They also shared perspectives on ways to reach meaningful outcomes at the upcoming WTO Ministerial Conference (MC12),” the statement said.
The WTO Ministerial Conference will be held in Geneva, Switzerland from 30 November to 3 December.
Last month, the USTR’s office announced that Ms. Tai and Deputy United States Trade Representative Sarah Bianchi would travel to Tokyo, Seoul and New Delhi to meet with government officials and stakeholders to discuss a sustainable US commitment to the Indo-Pacific region. Will do and to strengthen trade and economic ties with key allies and partners.
During Prime Minister Narendra Modi’s first in-person meeting with US President Joe Biden in September, the two leaders said they would revisit the India-US Trade Policy Forum before the end of 2021 to enhance bilateral trade ties by addressing trade concerns. Looking forward to organizing. Identifying specific areas for increased engagement and developing an ambitious, shared vision for the future of the business relationship.
He noted that negotiations on an investment promotion agreement that facilitate investment in development projects are underway and are committed to an early conclusion. According to a joint statement issued after the September 24 meeting at the White House, they further discussed how the US and India will work together to set permanent and transparent rules of the road that will lift economies across the Indo-Pacific.
.