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India-US Strategic Trade Dialogue
News: At the inaugural India-U.S. Strategic Trade Dialogue (IUSSTD), India and the U.S. pledged to streamline their export control regimes for critical technologies.
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It represents a key institutional innovation to unlock the potential of high-tech trade between the two countries envisaged as a part of the initiative on critical and emerging technologies (ICET).
IUSSTD focused on ways in which both governments can facilitate the development and trade of technologies in critical domains such as semiconductors, space, telecom, quantum, AI, defence, biotech and others.
Both sides reviewed the relevant bilateral export control regulations with the objective of building and diversifying resilient supply chains for these strategic technologies.
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