Financial Daily from THE HINDU group of publications
Wednesday, May 31, 2006
Financial Daily from THE HINDU group of publications Wednesday, May 31, 2006 |
|
|
|
|
|
|
|
Industry & Economy
-
Foreign Trade Indo-US action plan to step up bilateral trade Our Bureau
New Delhi , May 30 India and the US on Tuesday agreed on an action plan to step up bilateral trade to approximately $60 billion in three years from the extant level of $30 billion. This was agreed at the fourth meeting of the US-India Trade Policy Forum, which was co-chaired by the US Deputy Trade Representative, Mr Karan Bhatia, and the Commerce Secretary, Mr S.N. Menon, here. The agenda included discussion on tariff and non-tariff barriers, trade, investment, services and intellectual property rights. Information on these issues was exchanged so as to have a clear comprehension of each other's concerns and to outline, where possible, steps to address these concerns, an official release issued here said. Both sides developed an action plan to move forward to higher level of bilateral economic engagement in preparation of the forthcoming visit of the Union Commerce and Industry Minister Mr Kamal Nath in the third week of next month to the US. The next meeting of the Trade Policy Forum will be held on June 22 in Washington. Stating that the evolving scenario in the WTO was not discussed with Mr Kamal Nath when he met him on May 29 here, Mr Bhatia maintained that the two countries must work together in the matter.
,
More Stories on : Foreign Trade
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|