Whereas Keshap tweeted in regards to the assembly, there have been no speedy feedback from the commerce ministry over the discussions that occurred on Friday.
“I had a really spirited alternate of views with Commerce Minister @PiyushGoyal about how #USIndia commerce can and will attain the $500 billion imaginative and prescient set by @Potus . Throughout our 2+ hour dialogue we agreed that our nice democracies ought to work extra intently to advance our mutual prosperity,” Keshap stated.
I had a really helpful alternate of views with Commerce Minister @PiyushGoyal about how #USIndia commerce can and will a… https://t.co/tbXdqW7SJX
— CdA Amb Atul Keshap (@USAmbIndia) 1629442727000
Goyal whereas talking at an business occasion in Mumbai on Thursday had stated hopes of an India-US commerce pact are off the desk for now, with the Joe Biden administration conveying to India that it’s not all for a free commerce settlement.
“The US as of now has form of indicated that they aren’t on the lookout for new commerce agreements, however we have a look at working with them for extra market entry points on each side and I feel that will even be an enormous reduction and an enormous alternative opener for our export sector,” he had stated.
In keeping with the info of the commerce ministry, in 2020-21, the bilateral commerce between the US and India stood at $80.5 billion as in comparison with $88.9 billion in 2019-20.