By way of PTI
NEW DELHI: In an important transfer, India and america on Thursday made up our minds to release a strategic business discussion to deal with export controls, discover techniques of bettering high-technology trade, and facilitate know-how transfers.
The verdict to release the brand new framework of debate was once taken at a gathering between Exterior Affairs Minister S Jaishankar and visiting US Trade Secretary Gina Raimondo, in step with the Ministry of Exterior Affairs (MEA).
“The exterior affairs minister and secretary Raimondo agreed to release a India-US Strategic Industry Discussion, led through Overseas Secretary from Ministry of Exterior Affairs of India and Below Secretary, Bureau of Trade and Safety in US Division of Trade,” the MEA stated.
“The Strategic Industry Discussion will cope with export controls, discover techniques of bettering excessive know-how trade, and facilitate know-how switch between the 2 international locations,” it stated.
ALSO READ | India, US to signal MoU on semiconductor sector
The MEA stated Jaishankar and Raimondo had a productive dialogue in regards to the India-US strategic partnership and ongoing efforts to deepen the industrial and business engagement between the 2 international locations, together with during the Initiative on Essential and Rising Generation (iCET) and the Indo-Pacific Financial Framework (IPEF).
“In addition they concurred at the want for higher bilateral strategic and excessive know-how business given the shared priorities of each international locations in construction resilient and depended on international delivery chains,” the MEA stated in a commentary.
US President Joe Biden in Would possibly remaining 12 months introduced the IPEF, which is an initiative aimed toward deeper cooperation amongst like-minded international locations in spaces comparable to blank power, supply-chain resilience and virtual business.
“Nice excitement to satisfy US Secretary of Trade @SecRaimondo this night time. Dialog lined strategic business, resilient and dependable delivery chains and believe and transparency within the virtual area,” Jaishankar tweeted.
NEW DELHI: In an important transfer, India and america on Thursday made up our minds to release a strategic business discussion to deal with export controls, discover techniques of bettering high-technology trade, and facilitate know-how transfers.
The verdict to release the brand new framework of debate was once taken at a gathering between Exterior Affairs Minister S Jaishankar and visiting US Trade Secretary Gina Raimondo, in step with the Ministry of Exterior Affairs (MEA).
“The exterior affairs minister and secretary Raimondo agreed to release a India-US Strategic Industry Discussion, led through Overseas Secretary from Ministry of Exterior Affairs of India and Below Secretary, Bureau of Trade and Safety in US Division of Trade,” the MEA stated.googletag.cmd.push(serve as() googletag.show(‘div-gpt-ad-8052921-2’); );
“The Strategic Industry Discussion will cope with export controls, discover techniques of bettering excessive know-how trade, and facilitate know-how switch between the 2 international locations,” it stated.
ALSO READ | India, US to signal MoU on semiconductor sector
The MEA stated Jaishankar and Raimondo had a productive dialogue in regards to the India-US strategic partnership and ongoing efforts to deepen the industrial and business engagement between the 2 international locations, together with during the Initiative on Essential and Rising Generation (iCET) and the Indo-Pacific Financial Framework (IPEF).
“In addition they concurred at the want for higher bilateral strategic and excessive know-how business given the shared priorities of each international locations in construction resilient and depended on international delivery chains,” the MEA stated in a commentary.
US President Joe Biden in Would possibly remaining 12 months introduced the IPEF, which is an initiative aimed toward deeper cooperation amongst like-minded international locations in spaces comparable to blank power, supply-chain resilience and virtual business.
“Nice excitement to satisfy US Secretary of Trade @SecRaimondo this night time. Dialog lined strategic business, resilient and dependable delivery chains and believe and transparency within the virtual area,” Jaishankar tweeted.
