New Delhi: In a bid to resolve the outstanding trade dispute, Union Commerce Minister is set to meet his U.S. counterpart Robert Lighthizer in Washington DC on November 13.
Both leaders are likely to work out on pending issues which led to non-signing of the trade deal in October.
Ministry of Commerce and Industry in its statement clearly stated that both leaders will discuss the outstanding bilateral issues and try to arrive at a shared understating on a mutually beneficial basis.
Government sources have told ETV Bharat that India is likely to raise the GSP benefit reinstatement in a bilateral meeting on trade issues with the US.
Both leaders will be meeting for the third time since the re-election of the Modi government.
The trade negotiations started after PM Modi and President Trump unanimously decided to resolve the outstanding trade issues at ministerial level on the sidelines of G20 summit in Osaka, Japan.
Trade has become a matter of contention between both countries as on several occasions, President Trump had taken potshots at the Indian government for levying high tariffs on U.S. commodities.
In June, things went low in the enhancing bilateral cooperation when the U.S. administration terminated preferential trade status given to India. In retaliation to which India slapped tariffs on over 20 U.S. commodities.
In the U.S., Commerce and Industry Minister will also hold high-level industry interaction with business and industry representatives in New York.
Before his meeting with Robert Lighthizer, Piyush Goyal will attend 9th BRICS Trade Ministers meet in Brasilia, Brazil on November 11. It is expected that issues like cooperation in e-commerce, investment facilitation, MSMEs, Intellectual Property Right will be discussed during the meet.
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