The Bilateral Investment Agreement discussion with United States of America started on August 11-13, 2009 and as of now three rounds have been held on various elements of Bilateral Investment Treaty text of USA.
The recent visit of a high level delegation led by Hon™ble Commerce & Industry Minister to US has helped to reinvigorate the dialogue between both the countries. Both sides have agreed to convene next meeting of the India-US Trade Policy Forum, a bilateral mechanism to resolve and expand bilateral trade and investment relations, in this year in India.
The information was given by the Minister of State in the Ministry of Commerce and Industry Dr. D. Purandeswari in a written reply in the Lok Sabha.
Tags: Barack Obama, Bilateral Investment Treaty, India, Lok Sabha, Michael Froman, Minister of State, United States, United States of America