India and US launch strategic trade dialogue

Posted on:
Key Points

Ahead of the historic US visit of Prime Minister Narendra Modi, the two countries have launched a strategic trade dialogue here during which officials reviewed the ongoing cooperation in multilateral export control regimes and agreed to share the best practices to further the bilateral ties..

The dialogue is a key mechanism to take forward the strategic technology and trade collaborations envisaged under the India-US initiative on Critical and Emerging Technologies (iCET)...

During the meeting, the two sides reviewed the relevant bilateral export control regulations with the objective of building and diversifying resilient supply chains for these strategic technologies...

"They acknowledged that the dialogue would be instrumental to enabling co-production, co-development and enhanced industrial collaborations in critical technologies," the statement said.. "They agreed to set up a regular monitoring group which will review progress in deepening cooperation in the bilateral high-tech trade and technology partnership..

The co-chairs agreed to continue the dialogue with the objective of strengthening the India-US Comprehensive Global Strategic Partnership," the statement said.. (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)..

You might be interested in

Ahead of PM's visit, India & US hold meet to firm up deliverables in strategic areas

08, Jun, 23

India and the US on Tuesday held the inaugural India-US Strategic Trade Dialogue (IUSSTD) in Washington to take forward the strategic technology and trade collaborations envisaged under the India-US initiative on Critical and Emerging Technologies (iCET).

India, US hold 1st meeting of Strategic Trade Dialogue ahead of PM’s visit

07, Jun, 23

India and the US launched the Strategic Trade Dialogue in March during a visit to New Delhi by US commerce secretary Gina Raimondo | Latest News India

India, US discuss export control on dual use items

28, Apr, 23

Ahead of the first meeting of the US-India Strategic Trade Dialogue (USISTD) next month, India and the US on Friday discussed export control issues related to items of dual use. Dual-use goods can be used for both civilian military applications.

Antony Blinken arrives in Delhi for 5th India-US 2+2 Ministerial Dialogue

10, Nov, 23

US Secretary of State Antony Blinken and US Defence Secretary Lloyd Austin will attend the India-US 2+2 foreign and defence ministerial dialogue on Friday.

FM Sitharaman meets US Commerce Secretary Gina Raimondo, discuss bilateral cooperation in trade, investmen

09, Mar, 23

Raimondo is in Delhi for the India-US Commercial Dialogue and India-US CEO Forum meet on March 10 to discuss cooperation in various sectors that could unlock new trade and investment opportunities between the two countries.

India & US explore trading technologies in critical sectors

07, Jun, 23

In the inaugural meeting IUSSTD in Washington DC both sides talked about trade of technologies in different sectors like defence, bio-tech, Artificial Intelligence, space, semiconductors, telecom, quantum, and more.

India-US strategic trade dialogue to build on iCET initiative

07, Jun, 23

Biden and PM Modi announced in May last year the US-India iCET to elevate and expand the strategic technology partnership and defence industrial cooperation. | Latest News India

India, US hold 1st meet of Strategic Trade Dialogue ahead of PM Modi's visit

07, Jun, 23

The new dialogue mechanism was launched during commerce secretary Gina Raimondo’s visit to New Delhi in March | Latest News India