Business

Anand Sharma Meets USTR Michael Froman, Agree To Revive Ministerial Trade Policy Forum

The Union Minister of Commerce & Industry Anand Sharma last week, held bilateral discussions with the US Trade Representative Michael Froman in Washington. Sharma and Froman discussed a range of bilateral issues from the perspective of advancing the agenda of India-US trade and economic engagement and strengthening of India-US Strategic Partnership. Froman welcomed India’s decision on reviewing the Preferential Market Access policy, and addressing concerns related to transfer pricing. The two officials also exchanged views on elements of the Bali package.

Sharma met the Chairman of the Senate Foreign Relations Committee Senator Robert Menendez, interacted with top American and Indian business leaders during a round table at National Association of Manufacturers; and addressed the 38th Annual Leadership Summit of the India-US Business Council.

In his keynote address at the 38th Annual Leadership Summit of the US-India Business Council (USIBC), he emphasized that the reinvigorated National Manufacturing Policy of India provides immense commercial and investment opportunities for US businesses. He also spoke about National Skills Mission that is targeted to upgrade skills of 500 million people in order to support the National Manufacturing Policy and achieve higher GDP growth.