What measures can be taken by the Indian government to boost trade and investment relations with the United States
India, U.S. discuss ways to boost trade, investments ties at TPF meet
- Create a conducive business environment by simplifying regulations and reducing bureaucratic red tape.
- Implement investor-friendly policies that provide incentives and tax benefits to U.S. companies investing in India.
- Enhance intellectual property rights protection to boost confidence among American businesses.
- Promote bilateral trade by negotiating a comprehensive free trade agreement (FTA) that eliminates tariffs and trade barriers.
- Facilitate easier access to the Indian market for U.S. exporters by streamlining customs procedures and reducing non-tariff barriers.
- Encourage greater collaboration between Indian and American businesses through joint ventures and technology transfer initiatives.
- Expand and diversify the sectors of trade between the two countries, including technology, agriculture, defense, and energy.
- Invest in infrastructure development, which would provide better connectivity for trade and investment activities.
- Organize regular business summits and trade delegations to facilitate networking and information exchange between Indian and American companies.
- Strengthen diplomatic ties through high-level visits and engagements, showcasing the commitment towards enhancing trade and investment relations.
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a year ago