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  • Mon. Nov 11th, 2024

India-U.S. Strategic Trade Dialogue (IUSSTD)

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India and the U.S. pledged to streamline their export control regimes for critical technologies at the inaugural India-U.S. Strategic Trade Dialogue (IUSSTD).

  • It is an initiative on Critical and Emerging Technologies (iCET) between India and U.S.
  • It focused on ways in which both the governments can facilitate the development and trade of technologies in critical domains.
  • Critical Domains – Semiconductors, space, telecom, quantum, AI, defence, biotech and others.
  • Both sides agreed to enhance awareness among the industry, academia and other stakeholders about the export control regimes through workshops and other activities.
  • Monitoring Group – They agreed to set up a regular monitoring group which will review progress in deepening cooperation in the bilateral high-tech trade and technology partnership.
  • They agreed to continue the dialogue with the objective of strengthening the India-US Comprehensive Global Strategic Partnership.

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