USTR to visit India next week for G20 trade & investment ministers’ meet
USTR) Katherine Tai will visit India next week for the G20 Trade and Investment Ministers’ Meeting (TIMM), Washington said in a statement. On August 23-25, Tai will be in Jaipur for the TIMM where she would participate in G20 sessions on how enhanced multilateral trade can facilitate inclusive prosperity and increased global resilience. “She will also hold bilateral meetings with her counterparts on the margins of G20 events,” USTR office said in a statement. On August 26, Tai will meet with business leaders and hold bilateral meetings with government officials. India has identified five priority issues—growth and prosperity, resilient global value chains, MSMEs, logistics, and World Trade Organization (WTO) reform—under its G20 presidency from December 1, 2022 to November 30, 2023.
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Atleast 14 trade ministers have confirmed their presence for the ministerial including those from Canada, China, Russia and the UK. The European Commissioner for Trade has also confirmed his attendance. Bilateral meetings between commerce and industry minister Piyush Goyal and those members with whom India is negotiating trade pacts, are scheduled during the meeting. Commerce secretary Sunil Barthwal on Friday said that the G20 ministerial meeting is useful for India to conduct some of the important bilaterals with respect to its free trade agreements. India is negotiating trade pacts with the UK, EU and Canada.
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