India-U.S. Strategic Trade Dialogue (IUSSTD)

• India and the U.S. pledged to streamline their export control regimes for critical technologies at the inaugural India-U.S. Strategic Trade Dialogue (IUSSTD).

ABOUT INDIA-U.S. STRATEGIC TRADE DIALOGUE (IUSSTD)

• It represents a key institutional innovation to unlock the potential of high-tech trade between the two countries envisaged as a part of the initiative on critical and emerging technologies (ICET).
• IUSSTD focused on ways in which both governments can facilitate the development and trade of technologies in critical domains such as semiconductors, space, telecom, quantum, AI, defence, bio-tech and others.
• Both sides reviewed the relevant bilateral export control regulations with the objective of building and diversifying resilient supply chains for these strategic technologies.