India and US May Hold Trade Policy Forum Later This Week

10/27/2021

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Subhayan Chakraborty | Money Control

The India-US Trade Policy Forum (TPF) may finally convene this week to tackle a long list of trade bottlenecks, including tariffs, after disputes that flared under the administration of Donald Trump stalled the dialogue that last took place in 2017.

US trade officials had earlier been expected to travel to New Delhi for the talks, but the two governments have now settled on a virtual meeting, people familiar with the development said on condition of anonymity.

The precise dates are yet to be announced for the virtual meeting between officials of the two countries’ commerce departments.

Established in 2005 and reconstituted in 2014, the TPF was an annual dialogue that helped smooth out differences in trade and economic policy and identify areas for trade and investment expansion.

It has not convened since 2017 because of a lack of interest on the part of the Trump administration, which had escalated attacks against India at the World Trade Organisation.

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