Foreign Secretary Vikram Misri started his US go to with high-level talks on crucial and rising applied sciences at the same time as each nations edge nearer to finalising an interim commerce pact by June 25.
Misri met US Under Secretary Jeffrey Kessler to advance cooperation in semiconductors, quantum computing and clear power, whereas additionally discussing the early convening of the India-US strategic commerce dialogue to strengthen tech and commerce collaboration.
In a parallel growth, a US delegation is predicted to go to India subsequent month for commerce talks, with sources indicating that an interim settlement is “on track” for June 25. This follows final week’s negotiations by India’s chief commerce negotiator Rajesh Agrawal and Commerce Minister Piyush Goyal’s conferences with US Commerce Secretary Howard Lutnick.
The interim deal assumes urgency because the US’ 26 per cent reciprocal tariff on Indian items, suspended until July 9, might impression bilateral commerce. New Delhi is pushing for a full exemption from these tariffs.
The broader discussions throughout Misri’s go to span defence, power safety and the proposed bilateral commerce settlement (BTA), aimed toward doubling commerce to $500 billion by 2030. Both nations are additionally deepening collaboration in biotechnology, house exploration and power commerce, with the US poised to be a key provider of crude oil and LNG to India. The talks come amid geopolitical unease over latest claims by former US President Donald Trump concerning India-Pakistan relations. (With PTI inputs)
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