In an otherwise slowdown global economy, bilateral import export between India and the United States has held slow, and bilateral investment flows have raised over the last 2 years, their joint statement showed after the
They observed the “significantly increased” government-to- government engagement on economic and commercial notes undertaken in the last year under the S&CD.
“They showed to continue to institutionalise and use the S&CD to raise their ambitions and accomplishments in mutual import export and investment,” the statement cleaared.
Recognising the main importance of small and medium enterprises (SMEs) to boost growth and create jobs, India and the US also dedicated to creating a platform for sharing of best ever practices and technology, in addition to access to finance to cheer integration of these SMEs in global value chains.
They resolved to pace up reverse import export missions from the MOU partner cities (Ajmer, Allahabad and Vishakhapatnam) to look at smart ever solutions for their respective cities.The sides over-looked forward to possible working on the Plan of Action developed for both technical cooperation for issuance of municipal bonds by Pune, the statement cleared.