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US Ambassador to India Atul Keshap spoke to commerce and industry minister Piyush Goyal, discussing bilateral trade a day after the latter said last week that hopes of an India-US trade pact are off the table for now. "Across our 2+ hour discussion we agreed that our great democracies should work more closely to advance our mutual prosperity,” Keshap tweeted.“I had a very spirited exchange of views with Commerce Minister @PiyushGoyal about how #USIndia trade can and should attain the $500 billion vision set by @Potus [President of the United States]," Keshap said in his tweet.
Goyal, while speaking at an industry event in Mumbai on August 19, had said hopes of an India-US trade pact are off the table for now, with the Joe Biden administration conveying to India that it is not interested in a free trade agreement.
According to Indian commerce ministry data, in 2020-21, bilateral trade between both sides stood at $80.5 billion compared to $88.9 billion in 2019-20.
Fibre2Fashion News Desk (DS)
US Ambassador to India Atul Keshap spoke to commerce and industry minister Piyush Goyal, discussing bilateral trade a day after the latter said last week that hopes of an India-US trade pact are off the table for now. "Across our 2+ hour discussion we agreed that our great democracies should work more closely to advance our mutual prosperity," Keshap tweeted