The US Trade Representative further added that termination of 6 WTO disputes with India & the country's removal of retaliatory tariffs last June has benefitted farmers across US.
Speaking at an event in Delhi, US Ambassador to India Eric Garcetti adds 'FDI isn't flowing into India at pace it should' & New Delhi must not view its self-reliance as 'fortress'.
India's trade minister Piyush Goyal and his US counterpart Katherine Tai held their annual trade policy talks in New Delhi on 12 January. Tai is on a three-day visit to India.
With exports worth $453 billion and imports to the tune of $723 billion, India’s overall international trade reached $1.17 trillion, 21% above previous year’s $969 billion, official data show.
Keshap, president, US-India Business Council, tells ThePrint that closer economic ties between the ‘stable democracies’ can lessen Ukraine war’s impact on energy, commodity prices.
In an interview, Nisha Biswal, president of US-India Business Council (USIBC), said the countries need to set a more ambitious agenda for two-way trade at upcoming Trade Policy Forum.
India appreciates the US' support to its joint initiative with South Africa to seek a waiver of Intellectual Property Rights for Covid-19 vaccines at the WTO, Shringla said.
US says if restrictions aren’t checked, India can’t be integrated into global supply chains. China raises FDI issue, EU says Covid has amplified barriers.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
COMMENTS