The US has been one of India’s largest trading allies and that the strategic cooperation between New Delhi and Washington have bolstered in a significant way over the last two decade.
Difference related to trade have raised between the US and India in recent months with US President Donald Trump reiterating raised the of India enforcing high import curbs on the American goods.
Last month, the United States and India held a detailed meeting to discuss a range of issues in regards to trade between the two sides aimed at bolstering bilateral and economic relations, according to India’s ministry of commerce and industry.
The official statement issued by the ministry said, “Both sides discussed the board contours of bilateral trade and commercial ties and agreed to continue their discussions for achieving mutually beneficial outcomes aimed at further growing the economic relationship and addressing mutual trade concerns.”
The US team of delegations was headed by Christopher Wilson, the assistant USTR for India, who arrived in New Delhi on Thursday for holding a meeting with senior officials of India’s commerce and industry ministry.
Addressing media conference after concluding a meeting with the visiting Mike Pompeo, the US secretary of state, Indian external affairs minister (MEA) S. Jaishankar has said both the sides need to take “constructive and pragmatic view” over the issues pertaining to trade.
In his remarks, Pompeo said the US and India need to resolve their trade differences as there remains millions of opportunity in front of both nations, adding, “The two countries will be able to see a good outcome for each other.”
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