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Business EconomyPosted at: Sep 9 2022 12:00AM


Piyush Goyal to attend IPEF Ministerial meeting in Los Angeles tomorrow

New Delhi, Sep 8 (UNI) Union Minister of Commerce and Industry Piyush Goyal will attend Indo-Pacific Economic Forum (IPEF) Ministerial meeting in Los Angeles tomorrow, an official statement said.
Earlier in the day, Goyal told media that discussions at IPEF would focus on opening opportunities for the member nations to work in partnership with each other to ensure that particularly during challenges and difficult times, supply chains remain open and business and people of countries don’t suffer because of chaotic conditions like covid and conflict.
Terming IPEF as a new and unique initiative and a partnership between rules-based, like-minded countries which have transparent economic systems, Goyal said IPEF would work to ensure that the Indo-Pacific Region would remain secure and open for business.
The minister said at the IPEF Ministerial, discussions would focus on facilitating open trade, keeping supply chains open.
He said as trading relations with IPEF nations expand, investments, both from and into India, would also get a leg up.
All the countries meeting tomorrow have a lot to offer each other in terms of trade, investments and technology and we will work together on all fronts, he added.

To a query, Goyal said US and India share a very good and strong business relationship.
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