Placeholder canvas

Piyush Goyal to embark on a 3-day US visit to resolve trade issues from Nov 12

Date:

Commerce and Industry minister Piyush Goyal will embark on a three-day visit to the United States next week in a bid to resolve bilateral issues over trade between the two countries.

The minister will arrive in Washington on November 12 and is expected to hold talks with his American counterpart Robert Lighthizer on November 13, which may result in sealing the trade deal as the two sides appear close to a breakthrough on some key knotty trade issues, an official source told ANI.

ALSO READ: Cyclone ‘Bulbul’ weakened to ‘severe’ cyclonic storm: IMD

On November 14, Goyal will also hold a high-level industry interaction with business and industry representatives in New York.

Tensions on the trade front between the two countries had emerged in June after US President Donald Trump revoked preferential trade privileges, in response to which India imposed tariffs on 28 US products, including almonds and apples.

India was the biggest beneficiary of the Generalised System of Preferences (GSP), a programme designed to help developing countries sell to US consumers.

On its part, India had also imposed retaliatory tariffs on 25 American goods, after the Donald Trump administration announced an end to the preferential trade treatment for India over the trade barriers.

(With ANI inputs)

Click here for Latest News updates and viral videos on our AI-powered smart news

For viral videos and Latest trends subscribe to NewsMobile YouTube Channel and Follow us on Instagram

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Delhi-Gurgaon In Just 7 Min As Inter-Globe Plans To Launch Air Taxis

Archer Aviation will supply at least 200 vertical takeoffs and landing (eVTOL) aircraft which can carry 4 passengers besides a pilot and operate just like helicopters but with more safety and less noise

Lok Sabha Elections 2024: From Rajini Kanth to Kamal Hasan, celebrities cast their votes

As India's Lok Sabha elections for 2024 commenced on...

Air India Cancels Flight To And From Dubai Amid Incessant Rainfall

New Delhi: Amidst ongoing operational disruptions caused by incessant...

2024 Lok Sabha Polls: First Phase Voting In 21 States Underway; 60.03% Voter Turnout Till 7 PM | Top Updates

New Delhi: The much-anticipated Lok Sabha elections for 2024,...