India, U.S. Trade In Goods Touch An All-Time High In 2013

By siliconindia | Friday, 07 February 2014, 12:18 Hrs

The areas covered under the dialogue include macro- economic policy, financial sector reforms & infrastructure finance, anti money-laundering/combating financing of terror (AML/ CFT) and taxation.

India and U.S. are now negotiating the Bilateral Investment Treaty (BIT).

As part of the Economic Dialogue, a separate Commercial Dialogue has been set up to cover (a) Trade Defense Measures (b) Small and Medium Enterprises and (c) capacity building on Intellectual Property Rights (IPRs).

For greater involvement of private sector in discussion on issues involving trade and investment the bilateral India-U.S. CEO's Forum was reconstituted in 2009. The last round of the reconstituted CEOs' Forum was held in July 2013 here.

Separately a Private Sector Advisory Group has also been created consisting of prominent Indian and international trade experts to provide strategic recommendations and insights to the U.S.-India Trade Policy Forum.

Source: PTI