Joint Statement from Secretary Ross and Minister Prabhu on the U.S.-India Commercial Dialogue
On October 27, Secretary of Commerce Wilbur Ross and Minister of Commerce and Industry Suresh Prabhu met to discuss the U.S.-India commercial relationship and launch their first session of the U.S.-India Commercial Dialogue. Upon noting the impressive three-fold increase in total U.S.-India trade since 2005, both sides affirmed the significant strategic and economic importance of the U.S.-India relationship in promoting joint economic growth, job creation, and prosperity. While highlighting many areas of progress, both principals also noted the need to lower barriers and committed to make meaningful progress to unlock new trade and investment opportunities for U.S. and Indian businesses.
