Piyush Goyal Takes Part in the First Indo-Pacific Economic Forum Ministerial Meeting in Los Angeles

· India will take decisions on different aspects of the frameworks of IPEF based on our national interest

· India recommits to its efforts for a free, open and inclusive Indo-Pacific

· Shri Goyal meets his counterparts from US, Australia, Japan and Vietnam on the side-lines of the IPEF Ministerial in Los Angeles

· India to have very contemporary and modern laws in the digital space with special focus on data privacy

· US to work closely with India to boost resilient supply chains and to further the goal of self-reliance

· New opportunities opening up for youngsters in tier 2,3 cities and remote areas of India to work to provide cost-effective tech solutions to companies

Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on 9 September, 2022 attended the first in-person Ministerial meeting of the India-Pacific Economic Forum (IPEF) in Los Angeles. Interacting with media on the side-lines of the Indo-Pacific Economic Framework (IPEF) Ministerial Meeting, the Minister assured that India will take decisions on different aspects of the frameworks of IPEF based on our national interest.

Mr. Goyal said that there have been very useful engagements with the 14 members of the IPEF and added that the officials from member nations had worked very hard to prepare ground for such fruitful interactions. He expressed hope that in a day’s time, IPEF would finalize a framework within which member nations could interact on different areas of mutual interest.

Ahead of the Ministerial meeting of the Indo Pacific Economic Framework for Prosperity, Mr. Goyal had met Australian Trade Minister H.E. Don Farrell in Los Angeles.

Mr. Goyal also held a meeting with US Commerce Secretary Gina Raimondo on the side-lines of IPEF Ministerial meeting in Los Angeles.

“Discussed further deepening of India-US trade and investment ties as we look to build resilient global supply chains”, the Minister tweeted.