(TH)
The US has sought opening up of more sectors for its companies in India while New Delhi wanted an assurance from the Trump Administration that Chabahar Port in Iran would not be affected by the economic sanctions on that country.
Steven T Mnuchin, US Secretary of Treasury, said: “We welcome the growing bilateral foreign direct investment flows between our countries. And we look forward to the opening up of certain markets for US companies to continue to invest here. He was speaking at a joint press conference with Finance Minister Nirmala Sitharaman following the conclusion of 7th India -US Economic & Financial Partnership meeting here. However, he did not elaborate about the sectors that the US wants India to open up further.
He said both the sides held broad discussions on regulatory issues, economic issues, bond markets, technical assistance and debt sustainability besides combating terrorist financing. “That’s something that we both see as a big priority,” he said while adding that both sides briefly touched on the trade relationship and expanding the trade relationship between the two countries.
