"Looking forward to restarting US-India Economic and Financial Partnership dialogue," says US Envoy Sergio Gor
New Delhi, May 21
US Ambassador to India and Special Envoy to South and Central Asia, Sergio Gor, met with Union Minister Nirmala Sitharaman on Wednesday, highlighting the enthusiasm to restart the US-India Economic and Financial Partnership dialogue.
The leaders also spoke about advancing the bilateral economic and technology partnership between the two nations. The US Ambassador mentioned that the two democracies achieve more when they work together on shared economic goals.
"Had an excellent discussion with Honorable Finance Minister @nsitharaman on advancing the U.S.-India economic partnership. From trade and investment to technology, defense, and critical minerals, our two democracies achieve more when we work together. Looking forward to restarting the U.S.-India Economic and Financial Partnership dialogue soon!," Sergio Gor said on X.
Highlighting the meeting, the Ministry of Finance also emphasized on the discussions on deepening India-US Economic & Financial Partnership, India-US FinTech collaboration.
"Union Minister for Finance & Corporate Affairs met Mr. @SergioGor, the US Ambassador to India @USAmbIndia, in New Delhi, today. They both had discussions on deepening India-US Economic & Financial Partnership, India-US Fin-Tech collaboration, investment opportunities and bilateral cooperation. The Union Finance Minister congratulated Mr. @SergioGor on the upcoming 250th US Independence Day," Ministry of Finance said on X.
Earlier, the US Ambassador to India also called on Union Minister Jitendra Singh on Wednesday, where both sides discussed expanding bilateral cooperation across emerging technology and innovation-driven sectors, including biotechnology, quantum technologies, space, atomic energy and nuclear medicine.
The US Envoy said that with India's participation in Pax Silica, the cooperation on critical technology was increasing.
"Great meeting with Minister @DrJitendraSingh today to advance the U.S.-India tech partnership. Through the TRUST initiative and India's participation in Pax Silica, we are deepening collaboration on critical and emerging technologies, including AI, quantum, semiconductors, space, and more to deliver prosperity for both nations," Sergio Gor said on X.
— ANI
Reader Comments
Finally some constructive steps! The FinTech angle is particularly promising - India's UPI and digital payments ecosystem is world-class, and collaboration with the US could accelerate innovation. Just hope the critical minerals discussion leads to actual supply chain diversification, not just lip service.
As someone who works in cross-border tech, this is encouraging. The TRUST initiative and Pax Silica could really unlock potential in quantum and space. But let's be real - past dialogues have stalled. Need concrete deliverables on defense tech transfer and critical mineral partnerships, not just photo ops.
Important that the US Ambassador met with both Finance and Science ministers - shows the breadth of the relationship. But I'm cautiously optimistic. We've heard similar enthusiasm before. Need to see actual MOUs signed and tariff barriers reduced. The 250th US Independence Day reference was a nice touch though! 🇮🇳🇺🇸
Great to see diplomatic momentum. The FinTech collaboration is especially exciting - India's digital public infrastructure is a model for the world. Hope this leads to more Indian talent getting opportunities in US markets and vice versa. Would love to see more student exchange programmes alongside these economic talks!
The focus on critical minerals and semiconductors is timely, given global supply chain disruptions. But we should ensure this partnership doesn't become one-sided. India must negotiate for technology transfer and joint production, not just become a market for US products. Make in India needs to be central to any deal.
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.