Trade Talks: US and India Aim for $500 Billion Target

Trade Talks: US and India Aim for $500 Billion Target.webp

Washington, April 9 US Ambassador to India, Sergei Gor, met Trade Representative Jamieson Greer on Thursday, and said he was looking forward to welcoming the Indian delegation here later this month to discuss the trade deal.

Gor is currently on a visit to the US.

The US Ambassador said he had a "highly productive meeting" with Greer.

"Had a highly productive meeting with @USTradeRep Ambassador Greer to discuss advancing @POTUS trade priorities in South and Central Asia," Gor said in a post on X.

"The United States and India have previously agreed to a trade deal, and we look forward to welcoming an Indian delegation to Washington later this month," he said.

The meeting comes a day after Foreign Secretary Vikram Misri launched the India-US Trade Facilitation Portal here, as the two countries aim for a USD 500 billion bilateral trade target.

India and the US announced a framework for an interim trade agreement in February, after months of negotiations between the two delegations.

This framework promotes reciprocal and mutually beneficial trade, enhances market access, and strengthens supply chain resilience through expanded preferential access, rigorous rules of origin, and addressing non-tariff barriers across various sectors.

On Tuesday, Gor met India’s Ambassador to the US, Vinay Mohan Kwatra, who said that both sides are pursuing robust efforts to achieve the goals set by their leaders for the strategic relationship between the two countries.
 
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bilateral trade central asia india india-us trade jamieson greer sergei gor south asia trade agreement trade facilitation trade negotiations trade priorities trade relations united states vikram misri vinay mohan kwatra
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