New Delhi: The India - US Commercial Dialogue and CEO Forum will be held today in New Delhi to discuss cooperation in various sectors that could unlock new trade and investment opportunities between the two countries.
Commerce Minister Piyush Goyal and US Secretary of Commerce Gina Raimondo will co-chair the Dialogue. Ms Raimondo is on a four-day visit to India on the invitation of Mr Goyal.
The India - USA Commercial Dialogue is a cooperative undertaking encompassing regular government-to-government meetings to be held in conjunction with private sector meetings, with an aim to facilitate trade, and maximize investment opportunities across a broad range of economic sectors.
The
last India-USA Commercial Dialogue was held in February 2019. Since then, due to pandemic and other factors it could not be held. The Commercial Dialogue will be relaunched with strategic outlook with focus on supply chain resiliency and diversification and new emerging areas.
Earlier, India-US CEO Forum was soft-launched by Commerce Minister of India and US Secretary of Commerce on 9th November last year through video conference for which identified key priorities were increasing supply chain resilience, enhancing energy security and reducing overall greenhouse gas emissions, advancing inclusive digital trade and facilitating post-pandemic economic recovery, especially for small businesses.