India-US trade policy forum has a key role in understanding each other’s position: Former Obama administration official

Union Minister of Commerce and Industry Piyush Goyal with US Trade Representative Catherine Tai in New Delhi. (Image: PTI Photo/Ravi Choudhary)

United States Trade Representative (USTR) Catherine Tai held her first ever Trade Policy Forum (TPF) meeting with Commerce Minister Piyush Goyal.

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  • Last Update:December 07, 2021, 1:12 pm IS
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According to a former top commerce official in the Obama administration who welcomed the revival, the India-US trade policy forum is important in deepening understanding of each other’s positions in a non-negotiable, non-transaction-oriented setting. role. The premier forum to further enhance bilateral trade relations. during your first visit India Last month, United States Trade Representative (USTR) Catherine Tai held her first-ever Trade Policy Forum (TPF) meeting with Commerce Minister Piyush Goyal. The meeting was held after a gap of four years.

I see engagement as a positive. It was important that the two governments had face-to-face ministerial talks, said Arun Kumar, who is at the end of his five-year term as KPMG India’s chairman and CEO, an assignment he took on after completing . Tenure in the Obama administration as Assistant Secretary of Commerce for Global Markets and Director General of the US and Foreign Commercial Service. The Trade Policy Forum met after four years. I had the privilege of participating in the Forum when I served in the Obama Administration. I believe it is a valuable forum for constructive discussion. Kumar pointed out that it has an important role to play in understanding each other’s position in a non-negotiable, non-transactional oriented setting.

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