At the fourth edition of India-US 2+2 Ministerial Dialogue, first under Biden administration, the two sides will likely focus on strengthening partnership in emerging tech.
Mango exports to US are restarting after 2 years, because Covid stopped US officials from coming for pre-clearance. Govt bodies say Indian officials will now clear consignments.
Commerce minister Piyush Goyal has called for restoration of benefits under the US’ Generalized System of Preferences. The Trump administration removed India from GSP list in June 2019.
Commerce and Industry Minister Piyush Goyal and US Trade Representative Katherine Tai hold India-US Trade Policy Forum, four years after it was junked by Trump administration.
Katherine Tai is embarking on her maiden visit to India as US Trade Representative later this month. The two sides will resume the Trade Policy Forum after a gap of four years.
Biden administration’s focus on China and sticky issues relating to India’s reluctance to provide greater market access has meant the trade deal is off the table for now.
US had last March proposed retaliatory trade actions against India and other countries that imposed or were considering equalisation levy/digital services tax on e-commerce firms.
According to 2021 National Trade Estimate Report on Foreign Trade Barriers, the US goods trade deficit with India was $23.8 billion last year, a 1.7% increase over 2019.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While Pakistani authorities have not clarified what intended target was, the incident adds to a troubling pattern of PAF strikes killing civilians, including women and children.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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