Key Points
New Delhi, Jan 12 (PTI) India and the US on Friday discussed a range of issues pertaining to visa, critical minerals, restoration of export benefits under GSP, and ways to promote trade in pharma and marine goods...
It was co-chaired by US Trade Representative Katherine Tai and Commerce and Industry Minister Piyush Goyal here...
They identified certain areas, including critical minerals, customs and trade facilitation, supply chains, and trade in high tech products, in which the US and India will develop an ambitious and forward looking roadmap for enhanced cooperation in order to achieve economically meaningful outcomes, the statement said The ministers committed to pursue these efforts with a view to establish the foundation to launch future joint initiatives...
The ministers acknowledged the discussions on telemedicine services and encouraged stakeholder engagement on both sides to create an enabling framework for future collaboration in this area, it said.. India and the US acknowledged the role of professional services in catalysing bilateral trade. between the two countries and noted that issues related to recognition of professional qualifications and experience can facilitate services trade...
In this context, both sides agreed to continue discussions on promoting engagement in these sectors, it said, adding that the ministers reiterated their commitment towards policies that ensure transparent regulatory practices, including online accessibility to information regarding regulations and regulatory processes, and adequate time for public consultations.. Further, the Indian side conveyed Indias interest in being recognised as a Trade Agreements Act-designated country by the US...
