Job creation, technology transfer, investments dominate India-US talks

Last year, both US and India had given a wide berth to contentious trade issues in the 2+2 dialogue

India and the United States focused on job creation, technology transfer and greater bilateral investments at the India-US Commercial Dialogue, held on Thursday.

Both nations decided to expand the number of working groups of chief executives with top US and Indian firms — from four to seven — with a new focus on financial trade and investments as well as small and medium enterprises (SMEs). However, with the absence of US Commerce Secretary Wilbur Ross, there was no joint statement, as the sides simply resolved to “further expand and strengthen trade and commerce ties”.

“Working groups have been formed among