India-U.S. trade talks resumed on Monday, after a delay of three months that had been the subject of much controversy over the last few months.
The talks between the two countries had been due to begin in December but were delayed by an Indian court ruling that allowed the U.S.-based automaker to hold an election on January 13 to select its vice-president.
“The outcome of the election is final,” Indian Prime Minister Narendra Modi said at a news conference after attending the meeting.
The U.K. was the first foreign country to formally invite India as a trade partner after its election to become the 26th member of the bloc.
Modi said the talks would focus on the “important issues of cooperation and cooperation in trade and investment, including in the fields of advanced technologies, agriculture, minerals and services”.
“I want to emphasise that this is a special initiative of the Indian government to invite the U,S., Canada and Australia to a special meeting of the AIIB, a special forum to address issues related to trade, investment and investment opportunities,” he said.
The talks will also focus on trade, tourism and investment in agriculture, trade and tourism, finance, and technology.
India has been pushing the AIM-19 climate change treaty to boost trade and invest in renewable energy, but the U:S.
has been adamant that it will not sign the treaty.
In January, India and the U.-led bloc reached an agreement to increase tariffs on the Chinese goods they have blocked in the global climate agreement, and Modi has said that India wants to increase its tariffs on Chinese goods.
“We want to make our countries stronger, not weaker,” Modi said on the sidelines of the meeting, adding that India’s interest was in “making the world a better place”.
The meeting was held on the eve of the inauguration of Modi as India’s first ever vice-presidency.
He is scheduled to deliver a speech at the inauguration ceremony, and he is expected to take part in the formal inauguration ceremony. With AP