Washington [US], June 7 (ANI): The first assembly of the India-US Strategic Trade Dialogue (IUSSTD) was held in Washington on Tuesday with a give attention to methods through which each governments can facilitate the event and commerce of applied sciences in essential domains, knowledgeable Indian Embassy in Washington.
The Indian delegation was led by Foreign Secretary Vinay Mohan Kwatra, whereas the US delegation was co-led by Alan Estevez, Under Secretary for Industry and Security within the US Department of Commerce and Ambassador Victoria Nuland, Under Secretary of State for Political Affairs within the US Department of State.
Both sides reviewed the related bilateral export management rules with the target of constructing and diversifying resilient provide chains for these strategic applied sciences.
They reviewed ongoing cooperation in multilateral export management regimes and agreed to share greatest practices.
India and US additionally agreed to reinforce consciousness among the many trade, academia and different stakeholders concerning the export management regimes via workshops and different actions, as per the official assertion.
The two sides additionally acknowledged that the dialogue can be instrumental to enabling co-production, co-development and enhanced industrial collaborations in essential applied sciences. They agreed to arrange an everyday monitoring group which is able to assessment progress in deepening cooperation within the bilateral high-tech commerce and expertise partnership. The co-chairs agreed to proceed the dialogue with the target of strengthening the India-US Comprehensive Global Strategic Partnership.
After the inaugural meet concluded, Under Secretary Victoria Nuland tweeted, “Thank you Indian Foreign Secretary Kwatra and delegation for a very productive first US-India Strategic Trade Dialogue. Together we will grow our economies and create jobs through increased bilateral trade and better high-tech collaboration.”Indian Ambassador to the US, Taranjit Singh Sandhu hosted met and hosted different Quad members counterparts.
Sandhu tweeted, “A bipartisan handshake of US Congress with Quad! Delighted to host Quad Ambassadors Kevin Rudd AC, Amb Tomita, Japan Embassy DC and The White House leadership and members from House Foreign Affairs Committee Dems and House Foreign Affairs Committee Majority Michael McCaul, Rep Gregory Meeks, Young Kim, Ami Bera, Rep Mike Waltz and French Hill.” IUSSTD is a key mechanism to take ahead the strategic expertise and commerce collaborations envisaged underneath the India-US initiative on Critical and Emerging Technologies (iCET), the discharge added. (ANI)