New Delhi, Mar 9 (Agency) External Affairs Minister S Jaishankar on Thursday held talks with US Secretary of Commerce Gina Raimondo, during which the two sides agreed to launch a Strategic Trade Dialogue to address export controls, explore ways of enhancing high technology commerce, and facilitate technology transfer between the two countries. In a tweet, the EAM said: “Great pleasure to meet US Secretary of Commerce @SecRaimondo this evening. “Conversation covered strategic trade, resilient and reliable supply chains and trust and transparency in the digital domain.” According to an official statement, both Ministers had a productive discussion about the India-US strategic partnership and ongoing efforts to deepen the economic and commercial engagement between the two countries including through the initiative on Critical and Emerging Technology (iCET) and the Indo-Pacific Economic Framework (IPEF).
They also concurred on the need for increased bilateral strategic and high technology trade given the shared priorities of both countries in building resilient and trusted global supply chains. In this context, EAM and Secretary Raimondo agreed to launch a India-US Strategic Trade Dialogue, led by Foreign Secretary from Ministry of External Affairs of India and Under Secretary, Bureau of Industry and Security in US Department of Commerce. The Strategic Trade Dialogue will address export controls, explore ways of enhancing high technology commerce, and facilitate technology transfer between the two countries, it said.