ANI
22 May 2026, 17:30 GMT+10
New Delhi [India], May 22 (ANI): Parliamentary Standing Committee on Commerce Chairperson Dola Sen on Friday said the panel is comprehensively evaluating India-US trade relations, covering both 'possibilities' and 'constraints' across key sectors including agriculture, textiles, automobiles, steel, fisheries and chemicals.
Speaking exclusively to ANI after a meeting of the Parliamentary Standing Committee on Commerce in New Delhi, Sen said the committee held discussions with the Ministry of Skill Development and industry bodies including FIEO (Federation of Indian Export Organisations), CII (Confederation of Indian Industry) and FICCI (Federation of Indian Chambers of Commerce & Industry) as part of its ongoing study on the 'Evaluation of India-US Trade Relations.'
'We are discussing the evolution of Indo-US trade relations on tariff hike, on dollar-rupee relationship, on crude oil and petrol-diesel comparison for the last 15 years or 20 years, on textile sector, on automotive sector, on leather sector, on fisheries, on marine products, on agriculture, on gems and jewellery, on chemicals including polymers and plastics, on steel sector, etc. All the relevant subjects,' Sen told ANI.
She said agriculture and agro-based industries remain a key focus area for the committee.
'We are an agrarian country, so agriculture and agro-based industry is also our deep concern,' she added.
The committee meeting comes amid ongoing discussions between India and the United States on expanding bilateral trade ties and working toward a broader trade agreement.
When asked about the outlook for India-US trade relations, Sen said the committee was examining both opportunities and challenges before finalising its recommendations.
'On Indo-US trade relationship, we are discussing the evolution and there are ample scopes but there are constraints also. So we are addressing both,' she said.
Sen, however, declined to disclose specific recommendations or observations made during the meeting, citing parliamentary ethics and confidentiality norms followed by standing committees.
She also confirmed that discussions around the proposed agreement between the two countries were part of the committee's deliberations.
'Yes, we are discussing agriculture and agro-based industries too. So we are trying to cope up the subject in a comprehensive manner, and there are constraints, there are possibilities,' Sen said.
The United States Embassy in India on Friday highlighted the upcoming official visit of US Secretary of State Marco Rubio, emphasising the central role of the United States-India Comprehensive Global and Strategic Partnership and the Quad in maintaining a free, open, and resilient Indo-Pacific region.
In a post on X, the US Embassy highlighted growing cooperation among Quad nations on strategic and economic issues in the region.
'Standing together for a free and open Indo-Pacific-From supporting regional security to diversifying critical minerals supply chains, @SecRubio's upcoming visit to India emphasizes the importance of the Quad partnership', it said. (ANI)
Get a daily dose of Manufacturing Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manufacturing Mirror.
More InformationBEIJING, May 22 (Xinhua) -- Dai Xiaohong's day begins with a walk through her hanging garden, a balcony filled with leafy vegetables,...
New Delhi [India], May 21 (ANI): Leader of Opposition in the Lok Sabha, Rahul Gandhi, on Thursday backed the Youth Congress protests...
Jabalpur (Madhya Pradesh) [India], May 21 (ANI): Madhya Pradesh High Court has directed the state government to pay Rs 10 lakh compensation...
Three foreign nationals were among ten suspects arrested in raids on a clandestine laboratory in Ogun and Lagos states, officials have...
BusinessWire India Mumbai (Maharashtra) [India], April 10: iPrudent (formerly Prudent Asset India Pvt Ltd), a leading name in mutual...
BusinessWire India Mumbai (Maharashtra) [India], March 7: On 1 February, the Union Budget announced government plans to significantly...
DUBLIN, Ireland: Fifteen people who avoided paying tolls on the M50 motorway, including car, truck, and van owners, were fined a total...
LONDON/NEW YORK CITY: The war involving the United States, Israel and Iran has already cost companies around the world at least US$25...
AUSTIN, Texas: Tesla has increased the prices of several Model Y vehicles in the United States, marking the first price hike for the...
New Delhi [India], May 22 (ANI): Benchmark indices closed in the green on Friday, buoyed by positive cues from the US and Asian markets...
New Delhi [India], May 22 (ANI): Parliamentary Standing Committee on Commerce Chairperson Dola Sen on Friday said the panel is comprehensively...
(Photo credit: James Guillory-Imagn Images) Juraj Slafkovsky scored twice in a three-point outing as the Montreal Canadiens rode...
