NEW DELHI: India and the US Monday agreed to engage regularly at various level to resolve outstanding trade issues by exploring mutually beneficial suitable solutions, an official statement said. "Both sides agreed to deepen economic cooperation and bilateral trade by ensuring greater cooperation amongst stakeholders, including Government, businesses and entrepreneurs," said a statement after meeting between visiting US Commerce Secretary Wilbur Ross and Commerce Minister Suresh Prabhu. Ross is visiting India to attend the 11th Trade Winds Business Forum and Mission hosted by the US Department of Commerce. Without giving details, the statement said the both sides also discussed various "outstanding trade issues" and agreed to engage regularly at various levels to resolve them by exploring "suitable solutions, which are mutually beneficial and promote economic development and prosperity in both countries". The two countries also complimented the new bilateral private sector led Small Business Interaction initiative, the US-India SME Forum, held today.

Source: Mint May 06, 2019 15:33 UTC