US announces flagship event in India for big boost to bilateral trade

US announces flagship event in India for big boost to bilateral trade

US announces flagship event in India for big boost to bilateral trade

NEW DELHI/WASHINGTON: As part of its focus on Indo-Pacific region, the US Department of Commerce has announced to hold one of its flagship events in India next year. “Trade Winds: India – will take place in New Delhi in the spring of 2019,” the Department of Commerce announced, the day the Trump Administration unleashed a series of initiatives addressed at development and infrastructure projects of countries in the Indo-Pacific region.

“It will be a conference and trade mission to India and other surrounding countries where US exporters will meet with decision makers on opportunities they have learned about at DGM (Discover Global Markets) and Access Asia events,” the Commerce Department said.

The DGM focused on Indo-Pacific will take place in Salt Lake City, on December 10-12. It will highlight opportunities for US exporters in Asia. It will also kick-off recruitment for the Trade Winds: India, an official release said.

According to the Department of Commerce, these events are part of the Department’s Access Asia programme – a new export promotion framework to increase US trade and investment in the Indo-Pacific region.

‘Access Asia’ is a series of 25 trade promotion outreach events in cities across the US that is sequential, multi-year, data and opportunity driven and optimises US Government resources, it said.

Using its trade data, it has identified US cities and sectors (like energy, aviation/defence, information and communication technology, healthcare, and advanced manufacturing) with export growth potential.

Manjula

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