Goyal and Raimondo discussed bilateral cooperation in critical minerals
The India-US CEO Forum, reconstituted in Nov 2022, will work in tandem with, and provides inputs to, government-to-government US-India Commercial Dialogue, the Commerce and Industry Ministry said.
It is to allow private sector members to develop and provide recommendations that reflect their views, concerns and suggestions about the creation of an environment in which the bilateral economic links are strengthened between India and the United States https://usispf.org/.
The Forum was co-chaired by Commerce and Industry Minister Piyush Goyal and US Secretary of Commerce Gina Raimondo on 3 Oct in Washington D.C.
The Forum is co-chaired from Private Sector by N. Chandrasekaran, Chairman, Tata Sons, and James Taiclet, President and Chief Executive Officer, Lockheed Martin.
This is the third time the Forum has been convened since its reconstitution in November 2022 by the two Governments and saw participation from 16 CEOs. Both governments appreciated the Forum’s progress on initiatives and its achievements over the past two years sbi .
The CEOs, under the seven working groups, presented priority areas to create stronger partnerships and boost growth across various critical areas such as Entrepreneurship and Promoting Small Businesses, Healthcare and Pharmaceuticals, Aerospace and Defence, ICT and Digital Infrastructure, Energy, Water and Environment, Infrastructure and Manufacturing, Financial Services, Trade and Investments, among others nseindia.
Both sides deliberated on the progress made as of the last meeting of the Forum in March 2023, including the launching of innovation handshake and a knowledge sharing platform called NIHIT (Network for Innovation and Harnessing Investments and Trade) bseindia .
Government representatives and CEOs reaffirmed their commitment to strengthening commercial and trade ties, driving economic growth and innovation, and fostering a resilient bilateral partnership jpx.co.jp/english/.
Goyal and Raimondo have also discussed areas of mutual interests such as the pathway for strengthening bilateral cooperation in critical minerals supply chains as recommended by the US-India CEO forum deutsche-boerse .
They also discussed opportunities to increase US investments in India especially in some of the new industrial cities being planned in India investindia . Fiinews.com
