India, US join hands to strengthen economic co-operation

New Delhi, May 7: India and the United States have agreed to strengthen economic co-operation and bilateral trade by ensuring greater collaboration amongst stakeholders, including government, businesses and entrepreneurs. A bilateral trade meeting was held between the two countries in New Delhi on Monday. Commerce and Industry Minister Suresh Prabhu and US Secretary of Commerce Wilbur Ross co-chaired the meeting.

 

An official release said both leaders appreciated the strong, robust and growing bilateral ties across the entire spectrum of trade and commerce. Both sides also expressed satisfaction over last year's progress, with bilateral trade in Goods and Services registering a growth of 12.6 per cent.

India and US also discussed various outstanding trade issues.

During the talks, the two leaders appreciated the strong, robust and growing bilateral ties between their countries across the entire spectrum of trade and commerce.

 

They also expressed satisfaction over last year's progress, with bilateral trade in Goods and Services registering a growth of 12.6 per cent. They also discussed various outstanding trade issues.

The Indian Government recently extended its deadline to impose retaliatory import duties on 29 US products, including almond, walnut and pulses, till May 16.