India, US to hold Strategic & Commercial Dialogue in Delhi today

By: | Published: August 30, 2016 6:00 AM

US secretary of state John Kerry will hold talks in New Delhi on Tuesday to cement strategic and commercial relations before the Obama administration demits office.

The S&CD is the most comprehensive mechanism to discuss and deliberate the entire gamut of cooperation between the two countries.(Reuters)The S&CD is the most comprehensive mechanism to discuss and deliberate the entire gamut of cooperation between the two countries.(Reuters)

US secretary of state John Kerry will hold talks in New Delhi on Tuesday to cement strategic and commercial relations before the Obama administration demits office.

During their seven meetings in the past, US President Barack Obama and Prime Minister Narendra Modi have built close ties, especially in the areas of technology and investment.

Briefing media persons ahead of the Strategic & Commercial Dialogue (S&CD), spokesperson of the external affairs ministry, Vikas Swarup, said, “The 2nd India-US Strategic and Commercial Dialogue (S&CD) will be held in New Delhi on Aug 30.

Minister of external affairs Sushma Swaraj and minister of state (independent charge) for commerce & industry Nirmala Sitharaman will co-chair the dialogue on the Indian side along with US secretary of state John Kerry and US secretary of commerce Penny Pritzker. The co-chairs will be accompanied by a high-level inter-agency delegation on both sides.”

The S&CD is the most comprehensive mechanism to discuss and deliberate the entire gamut of cooperation between the two countries.

The decision to elevate the India-US strategic dialogue into a strategic and commercial dialogue was taken during the visit of US President Obama to India in January 2015. The inaugural S&CD was held on September 22, 2015 in Washington DC.

The coming S&CD will also review the progress made in the implementation of the various decisions taken in the recent summit held in June 2016 in Washington DC and identify possible areas for future cooperation.

“This dialogue is called Strategic and Commercial Dialogue so anything which has strategic importance for both the countries, obviously, will figure. We expect a very substantive discussion on all aspects of bilateral relations, on important regional issues and of course important global developments,” Swarup added.

All major issues on the strategic side, on the bilateral side and definitely on the commercial side will figure because the two principals from both sides include the commerce ministers, who have a full view of what are the impediments to further trade and commerce between Indian and the US.

Simultaneously, with the visit of the two officials from the US, the India-US CEO’s Forum will also be meeting which again will provide a substantive impetus to further trade and investment between the two countries.

“The US India partnership has been consistently affirmed, sustained and broadened by overwhelming bipartisan majority in Congress. The progress achieved so far would have been inconceivable without the strategic vision and political courage of Indian leaders,” observed an expert while sharing his views on the Indo-US relations on condition of anonymity.

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