NEW DELHI: “Stronger Partnership”- India, US Seek To Bolster Trade, Work On Critical Minerals

NEW DELHI: “Stronger Partnership”- India, US Seek To Bolster Trade, Work On Critical Minerals

NEW DELHI: India and the United States have agreed to bolster trade ties and deepen cooperation in areas such as critical minerals, the United States Trade Representative Katherine Tai said on Saturday.

Union Trade Minister Piyush Goyal and Ms Tai held their annual trade policy talks in New Delhi on Jan. 12. Ms Tai is on a three-day visit to India.

Camaraderie, shared prosperity & a stronger India-US partnership! 🇮🇳🤝🇺🇸

Culminated a fruitful day of the 14th India-US Trade Policy Forum with a dinner reception hosted for my friend @AmbassadorTai & her delegation.

The two nations are pushing to improve bilateral trade prospects, overcoming diplomatic tensions after Washington late last year alleged that an Indian official was linked to a foiled plot to murder a Sikh separatist leader on US soil.

India has said any such action was contrary to government policy and launched its own investigation into the allegations.

During talks between Ms Tai and Mr Goyal, India said it was interested in a bilateral critical mineral partnership.

Washington and New Delhi would exchange information to deepen their partnership in this area, said an official, who didn’t wish to be named as discussions are not public.

“In terms of the roadmap (for critical minerals), we are going to begin with fact-finding, exploring and establishing a common vocabulary and then develop our tools and ideas from there,” Ms Tai told a news briefing in New Delhi.

India also asked the United States to improve its visa processes for business professionals from India and requested Washington restore duty-free access to some goods under the so-called generalized system of preferences, according to a joint statement issued after the January 12 meeting.

A US trade preference program, which India had access to for decades, was ended by former President Donald Trump in 2019.

During her talks in New Delhi, Ms Tai asked India to ensure that New Delhi’s policies on laptop imports do not restrict trade.

Leave a Comment