U.S.-India CEO Forum officially launched to bolster bilateral business ties
The Hindu
The U.S. has surpassed China to become India's top trading partner in 2021-22.
U.S. Secretary of Commerce Gina Raimondo and Commerce and Industry Minister Piyush Goyal have officially launched the US-India CEO Forum to bring together top-level business executives and discuss ways to strengthen economic and commercial ties between the two countries.
They were joined by Forum’s Private Sector Co-Chairs James Taiclet (Chairman, President, and CEO, Lockheed Martin Corporation) and Natarajan Chandrasekaran (Chairman, Tata Sons), as well as other members of the US and Indian CEO sections, the US Department of Commerce said in a statement on Wednesday.
During the meeting, Raimondo and Goyal shared their priorities for the bilateral relationship with the members.
The leads for each of the forum’s seven working groups shared their strategic outlook for their term of service, the statement said.
Ms. Raimondo and Mr. Goyal also announced their intent to hold an in-person meeting in early 2023, it added.
The launch of the US-India CEO Forum has taken place ahead of the visit of US Treasury Secretary Janet Yellen.
Ms. Yellen will travel to New Delhi to participate in the US-India Economic and Financial Partnership on November 11.
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