United States: New fast in Indo-US economic relations told the details of progress

News India Live, Digital Desk: The exercise to take business relations between India and America to new heights is fast. Recently, Commerce Minister Piyush Goyal has confirmed that the talks between the two countries regarding a comprehensive trade agreement are progressing in a very positive direction. Goyal clarified that although it would not be any detailed ‘free trade agreement’ (FTA) immediately, it would serve as the ‘Economic and Commercial Cooperation Agreement’, which will lay the foundation for big business agreements in the future. He believes that this agreement will create a situation of ‘win-win’ for the two countries, where everyone will benefit. Minister Piyush Goyal emphasized that not only the exchange of products is being noted in the dialogue, but also identified areas where India and America can work together. Potential possibilities of cooperation in sensitive and strategic fields are being searched in sensitive and strategic fields, especially pharmaceuticals, medical devices (medical devices) and critical minerals (critical minerals). He said that these issues are constantly and at a rapid pace. During his recent visit to America, Piyush Goyal met several senior US officials including American Trade Representative Catherine Tai and Commerce Secretary Jeena Raymondo. These meetings agreed to increase investment in various sectors and promote trade in these meetings. Goyal hoped that the total trade between India and the United States would at least double or triple, which will strengthen both economies. The Commerce Minister also underlined that India’s target was to become a developed nation by 2047. India is paying special attention to global standards and quality to achieve this ambitious goal. He said that the Indian industry will have to change its thinking and emphasize not only domestic but also international branding to compete in global markets. All this indicates a strong economic and commercial partnership between India and America, which will have a significant impact on the global economy in the coming times. Nomic Partnership.