U.S.-India Trade Policy Forum replaces existing working group

and India intended to expand bilateral trade and investment.

Who it concerns: The agreement involves the United States and India, specifically the U.S. Ambassador and the Indian Minister of Commerce and Industry, along with other relevant U.S. Government agencies and Indian Ministries.

What was agreed

• Establishment of the United States-India Trade Policy Forum to replace the Trade Policy Working Group pillar.
• The Forum will be chaired by the U.S. Ambassador or Indian Minister (or their Deputies) and will convene on a regular basis.
• The agenda covers tariff and non-tariff trade barriers, foreign direct investment, subsidies, customs procedures, standards, intellectual property rights, sanitary and phytosanitary measures, government procurement, and services.
• The Forum aims to work toward a successful outcome of the Doha Round of multilateral trade negotiations.

Also in the document

• The new Forum replaces the previous Trade Policy Working Group pillar within the overall United States-India Economic Dialogue.