US to boost resilient supply chains with India: Minister Piyush Goyal

09 Sep '22

1 min read

Indian minister Piyush Goyal met Australian trade minister Farrell in LA ahead of the ministerial meeting of the IPEF. Pic: Piyush Goyal/Twitter

The United States is extremely favourable towards India expanding its trade and investment and wishes to further the resilient supply chains between the two nations, according to Piyush Goyal, Indian minister of commerce and industry, who recently attended the first in-person ministerial meeting of the India-Pacific Economic Forum (IPEF) in Los Angeles.

Goyal met US commerce secretary Gina Raimondo and US trade representative Katherine Tai on the sidelines of the meeting. Ahead of the meeting, he met Australian trade minister Don Farrell as well.

“Discussed further deepening of India-US trade and investment ties as we look to build resilient global supply chains”, the minister tweeted.

Goyal, who also holds the portfolios of consumer affairs, food and public distribution and textiles, assured that India will take decisions on different aspects of the frameworks of IPEF based on its national interest, according to an official release.

“India recommits to its efforts for a free, open and inclusive Indo-Pacific as we head into the ministerial meeting of the Indo-Pacific Economic Framework for Prosperity,” he said in another tweet.

He also met Japanese minister for economy, trade and industry Yasutoshi Nishimura and Vietnam's minister of industry and trade Nguyen Hong Dien.

Fibre2Fashion News Desk (DS)

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