India and the United States agree to strengthen their Trade Relationship

The Union Minister of Commerce & Industry, Railways and Consumer Affairs, Food & Public Distribution, Shri Piyush Goyal had a very productivediscussionwith the United States Trade Representative (USTR), Ambassador Katherine Tai, over a video call on 25 March 2021.

Mr. Piyush Goyal congratulated Ms Katherine Tai on her appointment as USTR.  They discussed a range of issues and agreed to strengthen the India–U.S. trade and investment relationship. The conversation includedconsolidatingeconomic partnership between like-minded democracies upholding the principles of openness, transparency and fair trade.

Both agreed to further India-U.S.economic cooperation on the basis of shared objectives and resolvepending legacy issues through mutual dialogue and discussion. Theyalsoagreed to strengthen the India- U.S. Trade Policy Forum (TPF) and to convene the next Ministerial-level meeting of the forum in 2021.