Commerce and Industry Minister, Piyush Goyal will be on a four-day visit to San Francisco, USA from Monday to attend the various official engagements of Indo-Pacific Economic Framework (IPEF) and the Asia-Pacific Economic Cooperation (APEC). He will also interact with eminent business persons, prominent academics, US officials and industry leaders during the visit to further strengthen economic and commercial relations partnership between the two nations.
The Commerce and Industry Minister will participate in the third in-person IPEF Ministerial meeting which is likely to see significant updates on the progress of negotiations. The Minister will also hold bilateral meetings with US Secretary of Commerce Gina Raimondo, US Trade Representative Katherine Tai and Ministers from other IPEF partner countries on the sidelines of the IPEF Ministerial. These meetings will focus on addressing trade barriers, promoting investments, and fostering greater cooperation in areas such as technology and innovation.
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Minister will represent India at the IPEF Leaders’ Meeting and the Partnership for Global Infrastructure and Investment PGII - IPEF Investor Forum meeting on 16th of this month.
The Minister will also represent India at the APEC Economic Leaders Engagements. India has been invited to the 30th APEC Economic Leaders’ Meeting 2023 as a Guest Economy.
The Commerce and Industry Minister will also participate in the investors round table along with one-to-one meetings with CEOs. He will also interact with various stakeholders such as students, entrepreneurs, venture capitalists and Indian diaspora.
Mr Goyal is expected to interact with globally renowned technology, entrepreneurship and academic communities in the Bay Area, specifically, in the Silicon Valley to undertake focused discussions with American companies looking to invest or expand in India across sectors - Electronics (including Semiconductor), Technology, FinTech etc.