The U.S.-India Trade Policy Forum (TPF) will be held on November 8 in Washington DC. U.S. trade officials will arrive in New Delhi next week to set the seal on issues for discussion, an Indian government official said. A few weeks ahead of this meeting, it seems likely that the gains are most probably going to be moderate and result in a positive change in the immediate future, considering the structural differences in both economies and political factors in India and the U.S. — both of which have general elections in 2024.
The 12th TPF was held in New Delhi in November 2021, after a gap of four years, offering some gains over the past year, such as the restarting of sales of Indian mangoes and pomegranate arils to the U.S. post-pandemic, and the arrival of U.S. cherries on the Indian market.
U.S. Trade Representative (USTR) officials, Christopher Wilson, and Brendan Lynch were in New Delhi in August–but the visit was not formally termed as ‘intercessional’.
Commerce Minister Piyush Goyal will lead the Indian delegation to the U. S capital next month with the USTR, Katherine Tai, leading the American delegation.
“A mismatch between bilateral ambition and sensitivity has been an issue at times. The U.S.’s ambitions are commensurate with what you would expect for a highly developed economy,” former Commerce Secretary Anup Wadhawan, who retired in 2021, told on Saturday.