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India to hold high-level strategic, commercial dialogue with U.S. next month

Xinhua, August 13, 2015 Adjust font size:

India will hold its first-ever high-level strategic and commercial dialogue with the U.S. in Washington next month, local media reported Thursday.

"The Strategic and Commercial Dialogue (S&CD) will be held in Washington DC in six to seven weeks," visiting U.S. Under Secretary of Commerce for International Trade Stefan M. Selig was quoted by the media as saying in the Indian capital Wednesday.

Selig said these dialogues will revolve around four areas -- ease of doing business, innovation and entrepreneurship, smart cities with a specific focus on renewable energy and harmonization of standards to increase trade.

"These steps can also be seen as four ambitious and important goals. The first goal is perhaps the most ambitious -- to increase bilateral trade five-fold from 100 billion U.S. dollars today to 500 billion USD annually." Endi