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Commerce Min Piyush Goyal Discusses Ways To Promote Trade & Investments With US Counterpart

Updated: Nov 14, 2023 05:23:32pm

Commerce Min Piyush Goyal Discusses Ways To Promote Trade & Investments With US Counterpart

New Delhi, Nov 14 (KNN) Union Minister for Commerce and Industry Piyush Goyal is currently in the US and has met the US Trade Representative (USTR) Katherine Tai and talked through ways to further boost trade and investments between the two countries.

He is in the US for a four-day visit and has met Dukgeun Ahn, Minister of Trade, Korea, and Gan Kim Yong, Minister of Trade and Industry, Singapore.

These ministers are in the US for the Indo-Pacific Economic Framework (IPEF) meeting.

“Wonderful meeting my friend Ambassador Katherine Tai, the US Trade Representative. We discussed ways to further deepen our trade & investment ties along with convergence on key WTO issues for a favourable outcome at MC13,” he said on the social platform X.

The 164-member World Trade Organization (WTO) is holding its 13th ministerial conference (MC) at Abu Dhabi in February next year.

During the ministerial meetings in San Francisco, Goyal discussed potential collaboration under the Indo-Pacific Economic Framework (IPEF), ways and means of further enhancing bilateral trade and commerce linkages and matters related to the WTO.

During the interaction with his Singaporean and South Korean counterparts, he suggested expediting the conclusion of the review of free trade agreements, the commerce ministry said in a statement on Tuesday.

Goyal also attended an investors' round table, where different venture capitalists and entrepreneurs from sectors such as energy, manufacturing, logistics, and technology participated.

During the visit, India’s Commerce Minister will participate in the third in-person IPEF Ministerial meeting, and the engagements of the Asia-Pacific Economic Cooperation (APEC).

(KNN Bureau)


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