India, US agree to strengthen economic co-operation

Prelims level : India-US relations timeline and challenges Mains level : What are the trade challenges between India and USA , how the will impact the global economy?
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  • India and the United States have agreed to strengthen economic co-operation and bilateral trade by ensuring greater collaboration amongst stakeholders, including government, businesses and entrepreneurs.


  • A bilateral trade meeting was held between the two countries in New Delhi .
  • Commerce and Industry Minister Suresh Prabhu and US Secretary of Commerce Wilbur Ross co-chaired the meeting.
  • Both leaders appreciated the strong, robust and growing bilateral ties across the entire spectrum of trade and commerce.
  • Both sides also expressed satisfaction over last year’s progress, with bilateral trade in Goods and Services registering a growth of 12.6 per cent.
  • India and US also discussed various outstanding trade issues.
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