India, US to sign pact for boosting trade next week

US-SHARMA

Lalit K Jha
Washington, Mar 9 (PTI) Union Commerce and Industry
Minister Anand Sharma and the US Trade Representative Ron Kirk
would sign the India–US Trade Policy Forum Framework for
cooperation on trade and investment in Washington on March 17.

During his two-day visit to Washington on March 17-18,
Sharma is also scheduled to meet the US Commerce Secretary,
Gary Locke, and Agriculture Secretary Tom Vilsack, during
which the minister is expected to discuss a wide range of
issues aimed at boosting trade and business relationship
between the two countries.
The Framework for Cooperation on Trade and Investment, to
be inked on March 17, seeks to facilitate trade and investment
flows between the two countries, Indian Embassy spokesman
Rahul Chhabra said.
The India-US Trade Policy Forum was established after the
visit of Prime Minister Manmohan Singh to the US in July 2005.
Kirk and Sharma are the co-chairs of this forum. Five Focus
Groups have been discussing various trade policy issues of
mutual interest relating to tariff and non-tariff barriers,
services, agriculture and investment among others.
The India-US Private Sector Advisory Group (PSAG)
comprising prominent trade personalities from India and the
US would also meet on March 17. The PSAG was established in
September 2007 to provide strategic recommendations and
insights to the Trade Policy Forum. PTI LKJ
SDE



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