January 13, 2023
1 min read

TPF has led to friendly business environment: Goyal

Goyal said that issues related to resolving WTO disputes, restarting of exports of wild-caught shrimps, speeding up of business visas, resilient supply chains…reports Asian Lite News

Union Commerce and Industry Minister Piyush Goyal has said the India-US Trade Policy Forum has resulted in a smoother, friendly and trusted business environment for businesses from both sides to expand their trade and investment.

Goyal said TPF, which was relaunched in a new form in November 2021, has become a very robust and outcome-oriented platform to have free and frank discussions on a plethora of issues of mutual interest. He made the remarks while briefing the media after the conclusion of the 13th Ministerial Trade Policy Forum (TPF) dialogue in Washington DC.

Goyal said that issues related to resolving WTO disputes, restarting of exports of wild-caught shrimps, speeding up of business visas, resilient supply chains, data flow, and addressing climate change were discussed, a Ministry of Commerce and Industry release said.

The minister said both countries had a robust discussion on finding bilateral solutions to outstanding WTO disputes between them. He hoped for a satisfactory outcome in the next few months over these issues.

He said India has requested the US to expedite the issuance of business visas to facilitate faster movement of business persons across both sides.

Another important focus issue during the dialogue was the discussion around strengthening resilient global supply chains. Goyal said both countries are keen to have an effective and trusted supply chain between them in several areas including telemedicine services.

He further informed that discussions took place on environmental issues around sustainable finance to promote innovative clean technology, circular economy, technology required to address climate change.

He informed that both nations have a shared interest to have a greater flow of data between two countries and are continuing engagement on data protection and privacy. (ANI)

ALSO READ: Goyal highlights India’s huge potential at Nasdaq

Previous Story

US commerce secy due in Delhi for trade talks

Next Story

LAC sees ‘slight increase’ in number of Chinese troops

Latest from India News

BRICS must break the digital chains

BRICS nations need to build consensus, balance innovation and social justice by reinforcing the digital sovereignty of Global South, including evenly distribution of benefits through AI, writes Baidya Bikash Basu BRICS, the

Modi begins landmark Argentina visit

First Indian PM to visit in 57 years; economic ties, lithium and trade top agenda Prime Minister Narendra Modi kicked off a historic visit to Argentina on Saturday by paying homage to

Trinidad Eager to Deepen Ties with India: Envoy

Trinidad and Tobago, home to a large Indian-origin population—many of whom are now in their fifth and sixth generations—offered a unique cultural resonance to the visit….reports Asian Lite News Prime Minister Narendra
Go toTop

Don't Miss

The puzzling Maha drama

Amid the imbroglio, the anti-defection law – which was enacted

Musk targets Indian-origin Twitter legal head  

“Suspending the Twitter account of a major news organisation for