India, US seek to bolster trade ties, work together on critical minerals

Published January 13, 2024
US Trade Representative Katherine Tai speaks during the Axios BFD event in New York City. — Reuters/File
US Trade Representative Katherine Tai speaks during the Axios BFD event in New York City. — Reuters/File

India and the United States have agreed to bolster trade ties and deepen cooperation in areas such as critical minerals, the United States Trade Representative Katherine Tai said on Saturday.

India’s trade minister Piyush Goyal and Tai held their annual trade policy talks in New Delhi on Jan 12. Tai is on a three-day visit to India.

The two nations are pushing to improve bilateral trade prospects, overcoming diplomatic tensions after Washington late last year alleged that an Indian official was linked to a foiled plot to murder a Sikh separatist leader on US soil.

India has said any such action was contrary to government policy and launched its own investigation into the allegations.

During talks between Tai and Goyal, India said it was interested in a bilateral critical mineral partnership.

Washington and New Delhi would exchange information to deepen their partnership in this area, said an Indian official, who didnt wish to be named as discussions are not public.

“In terms of the roadmap (for critical minerals), we are going to begin with fact-finding, exploring and establishing a common vocabulary and then develop our tools and ideas from there,” Tai told a news briefing in New Delhi.

India also asked the United States to improve its visa processes for business professionals from India and requested Washington restore duty-free access to some goods under the so-called generalised system of preferences, according to a joint statement issued after the Jan 12 meeting.

A US trade preference programme, which India had access to for decades, was ended by former President Donald Trump in 2019.

During her talks in New Delhi, Tai asked India to ensure that New Delhis policies on laptop imports do not restrict trade.

Opinion

COP30 and beyond

COP30 and beyond

COP30 unfolded under an emerging paradigm: the world is now near certain to surpass 1.5°C in the early 2030s.

Editorial

Fiscal concerns
06 Dec, 2025

Fiscal concerns

THREE key takeaways have emerged from the inaugural NFC discussions on the 11th Award. First, the federal government...
Hero worship
06 Dec, 2025

Hero worship

IT seems that, like public representatives, our national heroes will also be selected for us. The Senate deputy...
KU institute
06 Dec, 2025

KU institute

THE Sindh government’s decision to separate the Institute for Chemical and Biological Sciences from Karachi...
US asylum freeze
Updated 05 Dec, 2025

US asylum freeze

IT is clear that the Trump administration is using last week’s shooting incident, in which two National Guard...
Colours of Basant
05 Dec, 2025

Colours of Basant

THE mood in Lahore is unmistakably festive as the city prepares for Basant’s colourful kites to once again dot the...
Karachi’s death holes
05 Dec, 2025

Karachi’s death holes

THE lidless manholes in Karachi lay bare the failure of the city administration to provide even the bare necessities...