India World

Stage set for second US-India Strategic and Commercial Dialogue

Newsroom24x7 Staff

U.S. Secretary of Commerce Penny PritzkerNew Delhi: U.S. Secretary of Commerce Penny Pritzker, who is in the capital (August 29-31) for the second U.S.-India Strategic and Commercial Dialogue (S&CD) and the U.S.-India CEO Forum today met Union Finance Minister Arun Jaitley in his North Block office.

Secretary Pritzker will co-chair the S&CD with U.S. Secretary of State John Kerry, Indian Minister of External Affairs Sushma Swaraj, and India Minister of Commerce and Industry Nirmala Sitharaman. In January 2015, President Obama and Prime Minister Modi elevated the existing U.S.-India Strategic Dialogue to the Strategic and Commercial Dialogue to reflect the growing significance of the U.S.-India economic relationship. This is the first time the S&CD will be held in India.

Secretary Pritzker will also co-chair the second U.S.-India CEO Forum alongside Jeff Zients, the Director of the National Economic Council and Assistant to the President for Economic Policy. The U.S.-India CEO Forum brings together CEOs and government representatives from both countries to discuss opportunities for increasing bilateral trade and investment. During this event, the CEOs will communicate their joint recommendations to the U.S. and Indian governments.

While in New Delhi, Secretary Pritzker will also meet with Indian entrepreneurs and participate in an event celebrating U.S.-India cooperation on travel and tourism. In June 2016, President Obama and Prime Minister Modi announced that the United States and India will be Travel and Tourism Partner Countries in 2017.

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