US, India discuss ‘board contours’ of bilateral trade, economic ties

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New Delhi, July 13: The United States and India have on Friday 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.

Moreover, the statement further added the meeting held was “aimed at providing a new impetus to bilateral trade and commercial ties, in line with the mandate” outlined by PM Narendra Modi and US President Donald Trump during their bilateral summit on the sidelines of the G20 summit held in Osaka, Japan, according to ANI news reports.

The United States and India had last month acknowledged trade issues between the two nations and committed to vanishing difference between them.

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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