US Commerce Secretary Wilbur Ross on 7 2019, announced the names of the American private sector members of the US-India CEO Forum. MasterCard CEO Ajay Banga and Qualcomm CEO Steve Mollenkopf are among the members of the US-India CEO Forum.
The first meeting of the US-India CEO Forum under the US President Donald Trump Administration will be held in New Delhi on 14 February 2019.
Key Highlights of the US-India CEO Forum-
1. The US-India CEO Forum is crucial for the fruitful commercial relationship and strong economic ties between India and the United States.
2. It will cover areas like MSME, infrastructure and logistics, energy and environment, finance, healthcare and pharmaceuticals, defense, aerospace, media, and entertainment.
3. Both the sides will discuss key issues such as India’s FDI rules for e-commerce and import duties on IT and electronics, and the US penal duties on steel and aluminum.
4. The Commercial Dialogue will also focus on issues such as standards, business climate, and investment and, travel and tourism.
5. The Forum will present a report on the progress made in the key areas between the US and Indian governments.
The other prominent American members of the Forum are Sanjay Bhatnagar, President, and CEO of WaterHealth International; John Chambers, Founder, and CEO of JC2 Ventures LLC; Douglas DeVos, Co-Chairman of Amway; and D. James Umpleby III, Chairman, and CEO of Caterpillar, among others.
The meeting will be co-chaired by US Commerce Secretary, Wilbur Ross and Union Minister of Commerce and Industry and Civil Aviation, Suresh Prabhu. The Chairman, President and CEO of the American Tower Corporation, James Taiclet will be the US Private Sector Co-chair of the forum.