The 14th Ministerial-level meeting of the India-United States Trade Policy Forum (TPF) took place on January 12, 2024, in New Delhi, India. Chaired by India's Minister of Commerce and Industry, Shri Piyush Goyal, and U.S. Trade Representative, Ambassador Katherine Tai, the meeting focused on strengthening bilateral trade ties and enhancing economic relations.
The Ministers recognized the TPF's role in boosting India-U.S. trade, which likely surpassed $200 billion in 2023, despite global trade challenges. Acknowledging the untapped potential, they expressed a mutual desire to diversify and increase bilateral trade.
Significant progress was noted since the 13th TPF, particularly in settling seven long-standing trade disputes at the WTO. These resolutions followed high-level visits between the two countries, including India’s Prime Minister Narendra Modi to the U.S. and U.S. President Biden to India.
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