Goyal-Greer Meeting to Advance India-US Interim Trade Deal
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  • Business & Trade

Goyal-Greer Meeting to Advance India-US Interim Trade Deal

Commerce and Industry Minister Piyush Goyal is set to meet US Trade Representative Jamieson Greer during the G20 Trade Ministers’ Meeting in Milwaukee, Wisconsin. The talks will focus on advancing negotiations for an India-US interim trade deal.

Goyal will visit the US from September 29 to October 5. The meeting with Greer comes as India and the US work to resolve outstanding issues related to the proposed Bilateral Trade Agreement (BTA).

The broader agreement follows the framework outlined in the February 7 joint statement. Both sides are working towards an interim trade arrangement as part of the wider BTA.

During his US visit, Goyal will also meet trade ministers from other G20 economies. India plans to discuss opportunities for farmers, fishermen, women entrepreneurs, startups, MSMEs and other businesses.

At the G20 meeting, India will support an open, transparent and non-discriminatory multilateral trading system with the World Trade Organisation (WTO) at its core. India will also stress the need to maintain policy space for developing economies.

The G20 Trade Ministers’ Meeting will also address global trade issues, including WTO reforms, excess production capacity and forced labour in supply chains. The US is expected to push for changes to the WTO’s Most-Favoured-Nation principle and greater reciprocity in global trade.

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