Foreign Secretary Vikram Misri on Wednesday launched the ‘India-US Trade Facilitation Portal’ with the aim of taking bilateral trade to $500 billion. Vikram Misri, who was on a 3-day visit to America, launched this portal during an online program. On this occasion, Indian Ambassador to America Vinay Mohan Kwatra and senior officials and business representatives of both the countries were present. Misri said, “This portal will act as a bridge that will ensure continuity as well as strengthen existing supply chains. Additionally, it will enable new business relationships to emerge and grow.”
Piyush Goyal appealed for maximum use of the portal
Commerce and Industry Minister Piyush Goyal on Wednesday appealed to exporters and businessmen to make maximum use of the India-US Trade Facilitation Portal to promote bilateral trade. Along with this, Goyal said that bilateral trade is moving towards 500 billion dollars, which is an ambitious target set by both the sides. Speaking on the launch of this portal, Goyal said in a video message, “I urge all industry bodies, export promotion councils and members of chambers in India and the US to join this portal, make it a part of their business and help make it a powerful engine for bilateral trade.”
Foreign Secretary will discuss many issues with American officials
Foreign Secretary Vikram Misri will review bilateral trade, defense ties and discuss global developments including the Middle East crisis with US officials during his visit that began on Wednesday. Misri’s visit is taking place at a time when India and America are working towards stabilizing relations after the ups and downs and tensions in their relations. In May last year, relations had witnessed a downturn following President Donald Trump’s controversial claims over his role in de-escalating the India-Pakistan military standoff and the imposition of heavy tariffs on India. The two countries had in February agreed to a framework for an interim agreement regarding mutually beneficial trade.
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