NEW DELHI: The doors to India-US trade have been opened wider with the launch of a digital portal to bring businesses from the two countries together in the march to $500 billion annual trade between the two great democracies, according to Commerce Minister Piyush Goyal.
“Forged on shared democratic values, fueled by entrepreneurial spirit and driven by unrelenting pursuit of innovation, our partnership is special”, Goyal said on Wednesday at the launch of the India-US Trade Facilitation Portal at India's consulate-general here.
In his video message from New Delhi, he said, “Bilateral trade is growing rapidly towards the $500 billion ambition set by both sides, and this goal must also benefit MSMEs (Micro, Small, and Medium Enterprises), our farmers, and our fishermen to become more inclusive”, he said.
“We must focus in this era of digital transformation and resilient supply chain on becoming more self-reliant”, he added.
Foreign Secretary Vikram Misri, who inaugurated the portal remotely from Washington, said global developments, from the Covid pandemic to the evolving global geopolitcal shifts, have highlighted the importance of diversified, resilient and reliable supply chains.