UPDATE 1-U.S., India seek to boost trade ties in energy, defense

02/15/2019

|

Neha Dasgupta and Sanjeev Miglani | Reuters

* Two nations create 7 CEO groups to push bilateral trade

* U.S., India also to expand pharma, healthcare commerce

* Did not directly address data localisation issues -Juster (Recasts to lead with bilateral trade talks)

NEW DELHI, Feb 14 (Reuters) – The United States and India plan to boost bilateral trade in energy, aerospace, defence, pharmaceuticals and healthcare as part of a continuing commercial dialogue, officials from both governments said on Thursday.

They have set up seven working groups of chief executives with top U.S. and Indian firms that will focus on financial trade and investments as well as bring together small and medium enterprises (SME) from the two countries.

[To read the full article, click here.]