U.S. Secretary of Commerce Gina Raimondo traveled to New Delhi, India, this week, to meet with public and private sector leaders and take part in the U.S.-India Commercial Dialogue and CEO Forum, the Department of Commerce (DOC) announced Monday.
Raimondo is using the opportunity to stress the importance that the Biden Administration placed on maintaining U.S.-India relations and to emphasize the significant available opportunity to deepen the two countries' commercial ties, according to the announcement.
“This is an optimistic time for U.S.-India relations, and I am excited to visit India during such a special time of year, the celebration of Holi,” Raimondo said in the announcement.
Raimondo's trip both builds on and follows February's successful special negotiating round for the Indo-Pacific Economic Framework in New Delhi, which was attended by senior DOC officials, according to the agency.
Participants at the U.S.-India Commercial Dialogue and CEO Forum Friday will discuss cooperation in various sectors that could unlock new trade and investment opportunities between the two countries.
The Dialogue and CEO Forum will focus on cooperation in various sectors capable of unlocking new trade and investment opportunities between the U.S. and India.
During a November 2022 meeting, Raimondo and Indian Commerce & Industry Minister Piyush Goyal identified key priorities for the future including increasing supply chain resilience, enhancing energy security, advancing inclusive digital trade, and facilitating post-pandemic economic recovery with an emphasis on small businesses.
"Through the CEO Forum, the Commercial Dialogue, and IPEF," Raimondo said in the announcement, "we are making excellent progress in bringing our countries closer together by creating new markets for trade, expanding those that already exist, and reinforcing our shared commitment to democracy.”
