Sitharaman and Froman also discussed the status of US and Indian trade agreements with other countries and ways to ensure that bilateral trade and investment between the US and India can continue to grow. TPF discussions focused on four broad work streams including Agriculture, Trade in Goods and Services, Investment in Manufacturing and Intellectual Property, according to an Indian Embassy release. In the area of Agriculture, both sides noted forward movement in discussing plant and animal health issues and resolution of labelling and packaging requirements. In addition, they agreed to work on enhanced market access for identified agricultural products, including Indian rice, mangoes, grapes, pomegranates, honey, marine products, etc. Noting India's concerns on the new Food Safety and Modernization Act implemented by the USFDA that mandates new compliance standards for food imports into the US both sides agreed to continue discussions on this. In the area of Trade in Goods, India discussed issues affecting market access for pharmaceutical products and Indian Traditional Medicines (AYUSH).
India also raised concerns over the listing of Indian products by the US Department of Labour and its impact on Indian handicraft industry and exports from small and medium enterprises. The US appreciated India's liberalisation of FDI caps in the insurance, defence and railways sectors. Both acknowledged the importance of promoting a business friendly environment for attracting investment in manufacturing. The US also welcomed India's efforts to improve the ease of doing business through simplification of procedures, ordinance to establish commercial courts, single window clearnce and other reforms.
Both sides noted the enhanced engagement in the area of intellectual property and discussions on patents, copyright, trade secrets, traditional knowledge, and standard essential patents. The US welcomed the establishment of an IPR think tank to draft a National IPR Policy. In the area of copyrights, both sides recognized the shared interests of their entertainment industries and agreed to schedule a workshop on promoting copyrights awareness and capacity building in the first quarter of 2016.
Both sides also noted their commitment to protecting trade secrets. The tenth round of the TPF will be held in India in 2016.