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First India-US Strategic and Commercial Dialogue in September

First India-US Strategic and Commercial Dialogue in September

New Delhi: The first India-US Strategic and Commercial Dialogue (SACD) will be held in Washington in September, a senior US administration official said here on Wednesday.

"The Strategic and Commercial Dialogue will be taking place in six to seven weeks time," US Under Secretary of Commerce Stefan Selig said at a press conference.

"The dialogue will have four pillars in the way of ease of doing business, innovation and entrepreneurship, smart cities project in India and the harmonisation of standards
to increase bilateral trade," Selig, who looks after international trade, said.

"I am due to meet (Commerce) Minister Nirmala Sitharaman shortly to discuss about our joint preparations," he added.

The announcement of SACD was made in New Delhi in January during US President Barack Obama's India visit.

Noting that there had been improvement in the ease of doing business owing to efforts made by the Narendra Modi government, Selig stressed on the need for business to have
"predictability" in the place they are investing in.

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