US Trade Representative (USTR) Katherine Tai on Saturday raised concerns related to India’s import licensing requirements for technological equipment during her meeting with commerce and industry minister Piyush Goyal.
The two ministers agreed to explore this issue further and find a solution that addresses both countries’ concerns, commerce and industry ministry said in a statement.
“She noted that there were stakeholders that needed an opportunity to review and provide input to ensure that the policy, if implemented, does not have an adverse impact on US exports to India,” USTR office said in a statement.
India on August 3 restricted imports of these devices and put them under license regime.
In a message on social media network X (formerly called Twitter), Goyal said he held a bilateral meeting with the US counterpart Tai.
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“Discussed key bilateral issues of mutual interest and explored ways to give further impetus to the growing India-US partnership through enhanced trade and investments,” he said.
The two sides have decided to resolve key trade issues, including the termination of six disputes at the World Trade Organization and India’s removal of tariffs on certain US products (chickpeas, lentils, almonds, walnuts, apples, boric acid, and diagnostic reagents).
Tai and Goyal discussed the seventh outstanding WTO dispute: Measures Concerning the Importation of Certain Agricultural Products.
“They tasked their respective teams with continuing discussions on this dispute in order to reach a solution soon,”