American business community, the Alliance for Fair
Trade with India said it would wait and watch on Modi Government's trade
policies, particularly the areas of concern.
In a statement issued at the conclusion of Indo-US Trade Policy Forum meet in New Delhi, it said "We look forward to concrete and near-term steps to address and resolve these barriers".
This was the first trade policy meeting between the
two countries after a gap of four years.
US Trade Representative Michael Froman lead the
American delegation while Commerce and Industry Minister Nirmala Sitharaman
represented India at the talks.
"Only then can the United States and India reach the full potential of their economic relationship. We will continue to engage at every level to urge progress and results toward a fair and level playing field in US-India trade," the statement said.
The statement also thanked Froman and his team for
their hard work in re-starting the Indo-US Trade Policy Forum after a four-year
hiatus and for advancing meaningful conversations with India about longstanding
and new barriers US business are facing in India.
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