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Energy cooperation cornerstone of ties with India, says US Chamber of Commerce
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Indo-US ties: US Chamber of Commerce
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India Trade Minister Says Will Work With US On New Trade Package
India lifted caps on foreign investment in its vast insurance market as part of steps to help revive an economy that has suffered its deepest recorded slump as a result of the pandemic.
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Indian Commerce Minister Piyush Goyal said on Wednesday he will engage with the new U.S. Trade Representative s office on a trade deal after a previous attempt to seal a limited accord failed.
Negotiators from both countries struggled to conclude a mini trade package for months as both New Delhi and Washington sparred over a range of issues, including tariffs. Goyal said he would make a new start with the new U.S. administration.
Synopsis
Amazon favoured big sellers on its India platform and used them to maneuver around rules meant to protect the country s small retailers from getting crushed by e-commerce giants, internal documents show.
New Delhi: It was early 2019, and senior Amazon.com Inc. executive Jay Carney was preparing for an important meeting. The former press secretary to U.S. President Barack Obama, Carney was scheduled to talk with India s ambassador to the United States in Washington, D.C. In Delhi, the Indian government had just announced foreign direct investment regulations that threatened to disrupt Amazon s business in the world s second most populous country.
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