New Delhi, June 17: Noting that US trade officials are expected to visit India soon in an attempt to address the trade and economic irritants between the two countries, industry chamber CII on Sunday lauded Commerce Minister Suresh Prabhu's visit to the US for setting "a roadmap to resolve bilateral trade issues expeditiously".
India and the US have agreed to hold official talks soon to address the bilateral trade issues in a decision that was taken during a series of meetings Prabhu had with US Commerce Secretary Wilbur Ross and United States Trade Representative (USTR) Robert Lighthizer in Washington during the Indian Minister's visit from June 10 to 12.
"The Confederation of Indian Industry (CII) understands that officials of USTR may travel to India very soon. CII hopes the trade package to be negotiated would include the renewal of Generalized System of Preferences benefits for India which accounts for nearly $6 billion of Indian exports to the US," CII said in a release.
"During the (Prabhu) visit, it was stressed that India's recent purchases of US-made civilian aircraft and procurement of petroleum and LNG from the US have helped balance India-US trade. Bilateral trade has increased by more than 15 per cent to $74.5 billion in 2017-18," it added.
In March, US President Donald Trump slapped import tariffs of 25 per cent on steel and 10 per cent on aluminium, unfolding the prospect of an all-out global trade war as China retaliated to this and a subsequent US tariff imposition.
India has sought an exemption from the US tariffs along the lines the US has allowed to the European Union, Argentina, Australia, Brazil, Canada, Mexico and South Korea.
Prabhu had earlier said that India would bilaterally take up the issue of recent trade protectionism measures with the US.
During his visit, he also addressed business and industry leaders in meetings organised by the US-India Business Council (USIBC) and US-India Strategic Partnership Forum (USISPF) and met other stakeholders.
"It's a great time to join hands with each other and that is the realisation within the (US) administration as well. As you know, we always hear about trade disputes between the US and India, but when I had a meeting with the USTR, the Commerce Secretary, Agriculture Secretary, Senators, it is very clear that we must move on, keeping the issues behind," Prabhu told industry leaders at a reception hosted by USIBC.
His industry meetings included senior officials from major American companies such as Boston Scientific, FedEx, Walmart, Abbott, UTC, Honeywell, PhRMA, MoneyGram, Lockheed Martin, Koch Industries, Amway, Uber and 21st Century Fox.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Ahmedabad: Renowned Punjabi singer Diljit Dosanjh has sparked a debate on liquor policies across India, calling for a nationwide prohibition on alcohol. Performing at a concert in Ahmedabad, Gujarat, on November 17, Dosanjh declared that he would stop singing songs about alcohol if liquor sales were banned nationwide.
The singer, who is currently on his Dil-Luminati India Tour, criticised the double standards of authorities who have often targeted him for promoting alcohol through his songs. He cited Bollywood’s widespread use of alcohol themes in movies and songs, questioning why similar scrutiny is not applied to the film industry. He also took a jibe at Bollywood celebrities, pointing out that unlike them, he doesn't endorse or advertise alcohol.
Dosanjh’s remarks came after the Telangana government issued a notice ahead of his Hyderabad concert, asking him to avoid performing songs that promote alcohol, drugs, or violence. Responding to this, he altered his popular tracks Lemonade and 5 Taara during the concert but expressed frustration over what he called selective enforcement.
At the Ahmedabad concert, he highlighted Gujarat's dry state status and said, “If all states close liquor shops, I will stop singing songs about alcohol. During the pandemic, everything was shut down except liquor stores. You can’t fool the youth.”
Dosanjh also offered to refrain from singing about alcohol in concerts held in dry states or on dry days declared by the government. He called upon his audience to support a movement advocating a dry nation.
The singer emphasised his versatility as an artist, noting that he has released numerous devotional songs but continues to face criticism primarily for his tracks that mention alcohol, such as Patiala Peg. “Tweaking songs is easy for me, but the focus should be on broader societal changes,” he said.
Dosanjh also pointed out the disparity in how Indian and international artists are treated. “If an international artist performs, there are no restrictions. But when an Indian artist sings, it becomes an issue,” he remarked.