US Expresses Concerns Over India's Import Curbs on Technological Devices
The US has expressed concerns over India's import restrictions on specific electronic devices, and the two countries have agreed to address the issue collaboratively. During a meeting between Commerce and Industry Minister Piyush Goyal and US Trade Representative Katherine Tai, they instructed officials to continue discussions to resolve the trade dispute. The US raised concerns about India's import licensing requirements for technological equipment, emphasizing the importance of involving stakeholders. India's import restrictions aim to boost domestic manufacturing and reduce imports, particularly from China. The two countries previously resolved six trade disputes and are working towards resolving the poultry dispute. Bilateral trade between the US and India reached USD 128.8 billion in the fiscal year 2022-23.