Trade policy forum results into smoother, trusted business environment for India, USA: Piyush Goyal
Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal has said that the India US Trade Policy Forum (TPF) has resulted into a smoother, friendly and trusted business environment for businesses from both sides to expand their trade and investment.
Goyal further said that 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 discussion on a plethora of issues of mutual interest. He 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 during the 13th Ministerial TPF dialogue.
Besides, Goyal said that 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 USA to expedite the issuance of business visas to facilitate faster movement of business persons across both sides. Goyal also said that both the countries are keen to have an effective and trusted supply chain between them in several areas including telemedicine services.
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