Great Potential For India-U.S. Trade To Grow: Treasury Secretary Janet Yellen

Responding to a question, she admitted that there are some challenges in the bilateral trade relationship. “We are engaged in a Trade Policy Forum where we’re discussing trade issues.”

“One of the things we’re focused on is trying to lower non-tariff barriers to trade. These include trade facilitation, logistics and technical barriers to trade that may serve as impediments, are making it more difficult for India and the U.S. to trade. And we think we can through that Forum make progress in boosting our trades,” Yellen said.