NEW DELHI: India and the United States on Friday agreed to step up coordination for selling industry and funding, particularly through small and medium-sized enterprises and startups, in line with a joint remark.
The remark used to be issued after India-US Commercial Dialogue and CEO Forum conferences right here. US Secretary of Commerce Gina Raimondo used to be right here on a four-day seek advice from for the conferences.
The bilateral industry in items and services and products between the 2 international locations has virtually doubled since 2014, exceeding USD 191 billion in 2022.
“With the US becoming India’s largest trading partner in 2022, both sides will take further steps to enhance their commercial collaboration and tap into market potential across multiple sectors,” the remark mentioned.
“Both sides envision further coordination on how best to foster an enabling environment for increased investment, including by SMEs and start-up companies,” it added.
Commerce and Industry Minister Piyush Goyal Said Raimondo agreed to convene a gathering ahead of the top of 2023 to study the growth within the precedence spaces recognized below the discussion.
They additionally mentioned about issues that cyber threats comparable to unauthorized get entry to, ransomware and information destruction are rising, and the desire to give protection to in opposition to the ones threats.
“Secretary Raimondo welcomed the opportunity to explore the potential for mutually beneficial engagement on cyber security and Artificial Intelligence (AI) as well as information sharing on cyber security and AI resources and approaches under established bilateral mechanisms such as the Commercial Dialogue,” it mentioned.
On facilitating local weather and blank era cooperation, the remark mentioned that all sides have determined to facilitate better connections between their industries to lend a hand meet the essential want of improving our international locations’ power safety and decreasing greenhouse fuel emissions.
“Minister Goyal noted India’s interest in seeing greater US collaboration on increasing access to components in the solar power value chain, increasing investment in battery storage, and manufacturing offshore wind turbines,” it added.
On selling inclusive virtual enlargement, the remark mentioned each the leaders agreed to proceed attractive on go border knowledge flows.
“Both sides intend to further work together in validation and deployment of trusted and secure next generation telecom network equipment, including Open RAN, as well as in subsequent generations of telecommunications infrastructure,” the remark mentioned.
Further on requirements and conformity cooperation, it mentioned the 2 ministers agreed to facilitate bilateral industry via stepped forward knowledge sharing and discussion between the private and non-private sectors on technical rules, requirements, and conformity overview procedures.
The remark used to be issued after India-US Commercial Dialogue and CEO Forum conferences right here. US Secretary of Commerce Gina Raimondo used to be right here on a four-day seek advice from for the conferences.
The bilateral industry in items and services and products between the 2 international locations has virtually doubled since 2014, exceeding USD 191 billion in 2022.
“With the US becoming India’s largest trading partner in 2022, both sides will take further steps to enhance their commercial collaboration and tap into market potential across multiple sectors,” the remark mentioned.
“Both sides envision further coordination on how best to foster an enabling environment for increased investment, including by SMEs and start-up companies,” it added.
Commerce and Industry Minister Piyush Goyal Said Raimondo agreed to convene a gathering ahead of the top of 2023 to study the growth within the precedence spaces recognized below the discussion.
They additionally mentioned about issues that cyber threats comparable to unauthorized get entry to, ransomware and information destruction are rising, and the desire to give protection to in opposition to the ones threats.
“Secretary Raimondo welcomed the opportunity to explore the potential for mutually beneficial engagement on cyber security and Artificial Intelligence (AI) as well as information sharing on cyber security and AI resources and approaches under established bilateral mechanisms such as the Commercial Dialogue,” it mentioned.
On facilitating local weather and blank era cooperation, the remark mentioned that all sides have determined to facilitate better connections between their industries to lend a hand meet the essential want of improving our international locations’ power safety and decreasing greenhouse fuel emissions.
“Minister Goyal noted India’s interest in seeing greater US collaboration on increasing access to components in the solar power value chain, increasing investment in battery storage, and manufacturing offshore wind turbines,” it added.
On selling inclusive virtual enlargement, the remark mentioned each the leaders agreed to proceed attractive on go border knowledge flows.
“Both sides intend to further work together in validation and deployment of trusted and secure next generation telecom network equipment, including Open RAN, as well as in subsequent generations of telecommunications infrastructure,” the remark mentioned.
Further on requirements and conformity cooperation, it mentioned the 2 ministers agreed to facilitate bilateral industry via stepped forward knowledge sharing and discussion between the private and non-private sectors on technical rules, requirements, and conformity overview procedures.