The shift underscores the opportunities for India to deepen its partnership with the United States and its Asian treaty allies, along with the balancing act that New Delhi must maintain with Moscow, which has drawn closer to Beijing amid the war in Ukraine.
US and India held the 13th Ministerial-level meeting of the United States-India Trade Policy Forum (TPF) in Washington, which was co-chaired by US Trade Representative Ambassador Katherine Tai and Minister of Commerce and Industry Piyush Goyal.
In a statement, the Ministry of Commerce and Industry said Goyal complimented partner countries for taking the initiative in right earnest. He expressed his belief that IPEF will promote inclusive development through the enhancement of trade and investment in the region.
Yellen, who is visiting India for the first time as US Treasury Secretary, at the Microsoft India Development Centre, said that the pandemic and Russia-Ukraine war are reasons to further deepen the economic ties between both nations.
Union Finance Minister Nirmala Sitharaman on Friday met US Treasury Secretary Janet Yellen and reiterated that "India deeply values its relationship with the US as a trusted partner."
Washington [US], September 28 (ANI): US Secretary of Commerce Gina Raimondo met with External Affairs Minister S Jaishankar on Monday to discuss the US-India commercial relationship and welcomed the government of India's participation in the Indo-Pacific Economic Framework for Prosperity (IP
Washington [US], September 27 (ANI): External Affairs Minister S Jaishankar met with Commerce Secretary Gina Raimondo on Monday and discussed Indo-Pacific Economic Framework alongside high technology cooperation between the two countries.
Los Angeles [US], September 11 (ANI): Union Minister for Commerce and Industry Piyush Goyal lauded the contribution of the Indian community in the development and growth of the Swaminarayan Mandir complex area during his visit to the temple on Saturday.
Islamabad [Pakistan], September 10 (ANI): The Indo-Pacific Economic Framework (IPEF) can change the economic dynamics of the Asia-Pacific region, especially Pakistan as the group is ostensibly created to encourage regional economies to "decouple" from the Chinese market by providing them alt
Los Angeles [US], September 10 (ANI): Union Minister for Commerce and Industry Piyush Goyal said on Saturday said that fruitful discussions had been held over the course of the Indo-Pacific Economic Framework (IPEF) Ministerial meeting to bring together a group of like-minded, rules-based