The US trade delegation will visit India next week to resolve difficult trade issues.
NEW DELHI: A high-level US trade delegation is expected to visit India next week to find ways to resolve the recent trade tensions between the two countries, official sources said on Thursday.
Minister of Commerce Piyush Goyal They also said that they are likely to travel to Washington in the coming weeks as part of a larger bilateral commitment to overcome differences between the two parties in terms of tariffs.
Trade ties between the two parties have been under tension after the United States announced last month its decision to end preferential trade status for India.
As a retaliatory measure, India also announced the increase of tariffs on 29 goods imported from the United States.
The delegation of EE. UU He will visit India next week to solve persistent problems, the sources said.
When asked about the friction between the two countries on the tariff issue, Foreign Ministry spokesman Raveesh Kumar said that the long history of Indian-American ties he remained positive.
The discussion between Prime Minister Modi and the president of the United States. Donald Trump in Osaka it was very open and productive, he said, adding that surely there will be certain differences in any multidimensional relationship.
Modi and Trump held a bilateral meeting on the sidelines of the G20 summit in Osaka last month, during which a number of issues were discussed, including trade ties between the two countries.
the Administration of triumph Terminó la designación de la India como beneficiario del Sistema Generalizado de Preferencias (SGP) de the EE. UU. el 5 de junio, poniendo fin a las concesiones comerciales de $ 5,6 mil millones del país bajo el programa clave.
the GSP is the largest and oldest US trade preference programme and is designed to promote economic development by allowing duty-free entry for thousands of products from designated beneficiary countries.
De acuerdo con un informe del Servicio de Investigación del Congreso publicado en enero, India fue el mayor beneficiario del programa SGP en 2017 con $ 5.7 mil millones en importaciones a the EE. UU.