WASHINGTON – United States Trade Representative Katherine Tai and Indian Minister of Commerce and Industry Piyush Goyal today convened the 13th meeting of the U.S.-India Trade Policy Forum (TPF) in Washington. The meeting provided the two ministers with the opportunity to review the work that has taken place, since the re-launch of the TPF in November 2021, under the Forum’s working groups, and to provide their guidance on priorities to pursue as part of the TPF’s 2023 work program.
At the conclusion of today’s meeting, the ministers issued a Joint Statement reflecting the results of the discussion.
In her remarks during the TPF meeting, Ambassador Tai emphasized that the TPF is contributing directly to the strength of U.S.-India bilateral relations by providing a structure for constructive dialogue on trade policy matters. She noted the tremendous potential for growth between our economies, and the equally significant potential to ensure that bilateral trade brings a positive impact to working people in both countries. She also highlighted the commitment of both President Biden and herself to ensure that bilateral trade dialogue contributes directly to helping the United States and India respond to shared challenges in the global economy.
Ambassador Tai also highlighted the creation of a new TPF Working Group on Resilient Trade. Building on common ground achieved at the 12th TPF, this new Working Group will provide a structured framework for trade-focused bilateral discussion of issues of mutual interest including trade facilitation, labor, environment, and good regulatory practices, all with a view towards building a more resilient future for our economies.
Ambassador Tai expressed her appreciation to Minister Goyal and his colleagues for their contributions to the TPF in general, and to today’s ministerial meeting specifically.