Enhance position in global supply chain: US to Delhi

Washington, September 3

The US has urged India to create an environment that will foster its position in the global supply chain and said the country continues to face challenges on the market access front despite improvement in the ease of doing business.

Observing that the Covid-19 pandemic may give rise to self-sufficiency and self-reliance sentiments among struggling economies, Joseph Semsar, Deputy Under Secretary of Commerce for International Trade, said India with its “Atmanirbhar Bharat” initiative has put forward a programme that puts a question mark on the notion of self-reliance. “Our thought is that isolationist policies can also cause a decrease in exchange between businesses and economies, less technology and best practice sharing, fewer joint research and development projects and stifled innovation,” Semsar said at the third India-US Leadership Summit organised by the USISPF. — PTI