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Readout of Secretary Raimondo’s Meeting with Minister of External Affairs of India Subrahmanyam Jaishankar


Today, Secretary of Commerce Gina Raimondo met with Minister of External Affairs of India Subrahmanyam Jaishankar. During their meeting, Secretary Raimondo and Minister Jaishankar discussed progress that has been made under the U.S.-India CEO Forum and U.S.-India Commercial Dialogue. The Secretary also noted that the Department of Commerce and Ministry of Commerce and Industry will be holding a mid-year review to assess progress and priorities ahead of the next U.S.-India Commercial Dialogue plenary session. They also discussed progress made under the U.S.-India Semiconductor Memorandum of Understanding, as well as the opportunities and challenges in fostering a supportive supply chain ecosystem for the U.S. and Indian semiconductor industries. The two also discussed ongoing cooperation under the India-U.S. Strategic Trade Dialogue, which was launched in June and is working on mechanisms to cooperate on export controls and enhancing high tech trade and technology transfer between the U.S. and India. Additionally, the Secretary thanked Minister Jaishankar for the Government of India’s support and participation in the Indo-Pacific Economic Framework for Prosperity (IPEF) and emphasized the importance of the United States, India, and the other IPEF partners working together to swiftly conclude negotiations on high-standard economic cooperation agreements for the Clean Economy and Fair Economy Pillars.