CEO Forum established with 10 U.S. and 10 Indian executives

This forum aims to enhance economic growth, job creation, and bilateral trade and investment by harnessing the expertise of private sector leaders.

Who it concerns: The agreement involves the governments of the United States and India, specifically the U.S. National Economic Council and India's Planning Commission. It affects the private sector, specifically 10 chief executives from each country representing industrial sectors such as energy, finance, technology, healthcare, and manufacturing.

What was agreed

• Establishment of a CEO Forum composed of 10 chief executives from the U.S. and 10 from India.
• The forum serves as a channel for senior-level private sector input into economic policy discussions.
• The Economic Dialogue includes four tracks: Trade Policy Forum, Financial and Economic Forum, Environment Dialogue, and Commercial Dialogue.
• Cross-cutting themes include biotechnology and an expanded Information and Communications Technology (ICT) Working Group.
• A separate Energy Dialogue was created by realigning the Economic Dialogue.

Also in the document

• The CEO Forum includes specific named executives from major corporations such as Tata Group, Reliance Industries, Citigroup, and JP MorganChase.
• The Information Technology theme was expanded to become the Information and Communications Technology (ICT) Working Group.