Washington [US], September 28 (ANI): US Secretary of Commerce Gina Raimondo met with External Affairs Minister S Jaishankar on Monday to debate the US-India business relationship and welcomed the federal government of India’s participation within the Indo-Pacific Economic Framework for Prosperity (IPEF).
The US Secretary additionally appreciated Jaishankar’s views on IPEF going ahead and emphasised the necessity for an bold and high-standard final result as she underlined working intently with India within the discussions forward, the official assertion by US Department of Commerce learn.
Secretary Raimondo and Jaishankar agreed that each the CEO Forum and the US-India Commercial Dialogue are key alternatives to strengthen the business partnership between the 2 international locations and to advance progress on points related to the economies of each India and US, teh press launch added.
Both the ministers met on Monday and mentioned Indo-Pacific Economic Framework alongside excessive know-how cooperation between the 2 international locations.
The talks between the 2 ministers additionally coated resilient provide chains, excessive know-how cooperation, semiconductors and enterprise promotion in Washington as Jaishankar is within the US on a 10-day go to to carry bilateral consultations with a number of US cupboard ministers.
In a tweet, Jaishankar wrote, “An excellent meeting with Commerce Secretary@SecRaimondo. Our conversation covered resilient supply chains, Indo-Pacific Economic Framework, high technology cooperation, semiconductors and business promotion. Look forward to seeing her in India.”Notably, External Affairs Minister, Jaishankar additionally met US Secretary of Defense Lloyd Austin on the Pentagon the place he was welcomed in an enhanced honour cordon ceremony on Monday.
The External Affairs Minister concluded the high-level United Nations General Assembly debate in New York on Saturday. Jaishankar was in New York from September 18 to 24.
IPEF, a gaggle of 13 international locations, is a multilateral financial framework. Since its launch in May launch, IPEF international locations have engaged in intensive discussions to scope out every pillar of the Framework.
The Indo-Pacific Economic Framework for Prosperity (IPEF) was launched collectively by the USA and different associate international locations of the Indo-Pacific area on May 23, 2022, in Tokyo.
India joined the IPEF and Prime Minister Narendra Modi attended the launch occasion together with US President Joe Biden, Japanese Prime Minister Kishida Fumio and different leaders from associate international locations. Previously, digital Ministerial Meetings had been held instantly after the launch on May 23 and thereafter from July 26-27, 2022. (ANI)