Indian Prime Minister Narendra Modi’s visit to the United States will promote the two countries’ strategic trade and technology partnership, Commerce Minister Gina Raimondo said on June 13, the Indian Chamber of Commerce press office reported. USA.
Raimondo was speaking at the annual India Ideas Summit organized by the US-India Business Council in Washington DC. He talked about strengthening the US-India relationship in the field of technology in the coming years.
The minister said Modi would meet US President Joe Biden in Washington on June 22. “This will provide an opportunity to enhance our governments’ commercial and strategic technology partnerships, including in defense, semiconductor supply chains, clean energy and space.”he pointed.
Raimondo recalled the major advances in technology cooperation between India and the United States this year. So, in March, he signed a Memorandum of Understanding with his Indian colleague Piyush Goyal. The document refers to the creation of semiconductor supply chains.
The creation of a working group that will promote innovation and job creation, especially in the new technologies sector, was also announced.
In addition, work is underway on the Indo-Pacific Economic Framework for Prosperity (IPEF), which includes India. In May, the United States announced that it had signed an international supply chain agreement, the first of its kind, with the participants in the initiative. Its goal is to improve the resilience, diversity and security of supply chains.
On June 22, Narendra Modi will address both houses of the US Congress.
Source: Rossa Primavera
I am Michael Melvin, an experienced news writer with a passion for uncovering stories and bringing them to the public. I have been working in the news industry for over five years now, and my work has been published on multiple websites. As an author at 24 News Reporters, I cover world section of current events stories that are both informative and captivating to read.