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.
Australia is an important strategic partner of India and both democracies are part of the four-nation QUAD, Trilateral Supply Chain Initiative and the Indo-Pacific Economic Forum (IPEF), according to a Commerce Ministry statement.
The bilateral meeting on trade between Minister Piyush Goyal and his counterpart US Trade Representative Katherine Tai is rescheduled for early next year, citing the upcoming US midterm elections in November.
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
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
Los Angeles [US], September 10 (ANI): "We are in the process of firming up our own digital framework and laws, particularly regarding privacy and data. Therefore, India, while continuing to engage with the trade track in the IPEF, will wait for final contours to be decided before the formal
Los Angeles [US], September 10 (ANI): Union Minister for Commerce and Industry Piyush Goyal on Saturday met with the Australian Trade Minister Don Farrell on the sidelines of the Indo-Pacific Economic Framework (IPEF) ministerial summit in Los Angeles.
Los Angeles [US], September 10 (ANI): The first-in-person Indo-Pacific Economic Framework (IPEF) ministerial summit in Los Angeles concluded on Friday with a consensus from the partner countries on ministerial statements for each of the four IPEF pillars: Trade; Supply Chains; Clean Economy;
Los Angeles [US], September 9 (ANI): A top official on Friday said that India stands for its independent trade policy and said that before going ahead with joining the trade pillar of IPEF New Delhi will observe the pros and cons of the binding commitments.
Los Angeles [US], September 9 (ANI): India will not be joining the trade pillar, one of the four pillars of the Indo-Pacific Economic Framework (IPEF) at the framework's first in-person ministerial summit in Los Angeles, US trade representative Katherine Tai confirmed on Friday.