During the meeting, US and Indian CEOs provided both governments with updates on the status of their recommendations on how to advance commercial ties between India and the US.
American diplomat Atul Keshap has said the United States-India Business Council (USIBC) is privileged to be hosting Union Commerce Minister Piyush Goyal and US Commerce Secretary Gina Raimondo in San Francisco on the margins of the Asia-Pacific Economic Cooperation (APEC) economic leaders me
The United States is not seeking to decouple from China’s economy or hold it back, US Commerce Secretary Gina Raimondo told senior Chinese economic officials in Beijing, CNN reported on Tuesday.
US Commerce Secretary Gina Raimondo met with her Chinese counterpart Wang Wentao and said that the relations between Washington and Beijing are “profoundly important”.
Chinese hackers breached the email of Commerce Secretary Raimondo and State Department officials in the weeks before State Secretary Antony Blinken visited Beijing in June.
With the US becoming India's largest trading partner in 2022, both sides will take further steps to enhance their commercial collaboration and tap into market potential across multiple sectors, according to a joint statement.
Responding to a query on the US push towards tech decoupling with China and what role will India play in the global semiconductor supply chain and broader US efforts to decouple from China, the commerce secretary said, "We see India as a trusted technology partner and we want to continue
The US Commerce Secretary said that the US had already begun with action and the MoU was tasking both the Indian and American semiconductor industries to prepare an assessment of where they have gaps and the lack of resiliency in the supply chain and that will guide their work.
"I'm here in New Delhi. And it is really an honour to be here and I want to thank all of the ministers who have so graciously hosted me while I've been here, especially Minister Piyush Goyal my counterpart, also special thanks to Minister Singh, who invited me to his home yesterday with h