The US and India welcome good news, "shake hands" to sign a series of major agreements in many fields

On June 22, the US announced that it and India had agreed to end six disputes at the World Trade Organization (WTO), following a meeting between senior leaders of the two countries.

Indian Prime Minister Narendra Modi and US President Joe Biden at the White House on June 22. (Source: Reuters)

Of the six disputes at the WTO, three were initiated by the US and the remaining three were initiated by India.

The disputes involve policies on solar cells and solar modules, the renewable energy sector, and steel and aluminum products.

India also agreed to lift tariffs on some US products such as chickpeas, lentils and almonds, the US Trade Representative’s Office (USTR) added. The tariffs imposed by New Delhi on US goods were in response to US tariffs on steel and aluminum.

USTR emphasized that the tax cut program will restore and expand market access opportunities for American manufacturers and farmers.

The USTR announcement came during Indian Prime Minister Narendra Modi's visit to the United States.

During the visit, the two countries also reached major agreements in many areas such as important minerals, solar energy investment, defense, space...

Source: https://baoquocte.vn/my-va-an-do-don-tin-vui-bat-tay-ky-ket-loat-thoa-thuan-lon-tren-nhieu-linh-vuc-232023.html