SME Times News Bureau | 12 Feb, 2019
The Indo-US Commercial Dialogue and the Indo-US
CEO Forum will be held on February 14 in New Delhi, an official release said on
The Indian side will be headed by Commerce &
Industry and Civil Aviation Minister, Suresh Prabhu, and the US side will be
led by Wilbur Ross, US Commerce Secretary.
The two Ministers will co-chair the India-US
Representatives of the US and Indian Governments
will share outcomes of the 2018 commercial dialogue work plan, including the
three work streams: standards, business climate and investment and travel and
Discussions will be held on the 2019 commercial
dialogue priorities, identification of new areas of cooperation based on the
new CEO Forum recommendations.
The co-chairs for the US- India CEO Forum are Mr.
Natarajan Chandrasekaran, Chairman of Tata Sons and Mr. James Taiclet,
Chairman, President and CEO of American Tower Corporation. During the India-US
CEO forum, working groups will give presentations and recommendations related
to their sector.
This Forum was reconstituted by the Trump and
Modi Administrations.The Forum is an effective platform to highlight key market
access issues that impact the ease of doing business and to identify areas for
Annual bilateral trade in goods and services
between the United States and India doubled over the last decade, from USD 58
billion in 2007 to USD126 in 2017.
Both countries are resolved to remain engaged and
take measures for further enhancement of bilateral trade. Bilateral trade in
2018 continued in spite of uncertain global economic conditions. Bilateral
investment flows have also grown appreciably over recent years.
India and US recognize the complementarities that
exist between the two sides and are resolved to use the commonalities of ideas,
values and democratic systems to further deepen the commercial partnership.