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Eighth ministerial meeting of “India-United States of America (US) Economic and Financial Partnership Dialogue” was held on October 15, 2021 at Washington D.C.
Conclusion of the meeting
This meeting was concluded with adoption of Joint Statement by both the ministers.
Economic Relations between India and USA
The bilateral trade between India and the USA was at USD 88.75 billion, in 2019-20. USA is among those few countries with which India is having a trade surplus. In the year 2019-20, India’s trade surplus with the USA rose to USD 17.42 billion as compared to USD 16.86 billion in 2018-19. India is the sixth largest supplier of services imports for USA. India’s large market, progress towards development and economic growth make it an essential market for USA exporters.
By: Brijesh Kumar ProfileResourcesReport error
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