Resolve friction points, ensure predictable tax rules: US envoy on India ties

US Ambassador Sergio Gor urged India and the US to resolve trade frictions and ensure predictable rules. He said stronger trust on export controls and firm IP protection would unlock bigger investment and trade.US Ambassador to India Sergio Gor also spoke about intellectual property protection, saying companies around the world had told him their intellectual property rights had been stolen and that they wanted to move their firms to India. (File photo)US Ambassador Sergio Gor on Tuesday said India and the US need to resolve friction points as true partners and create predictable taxation and regulatory frameworks to help businesses grow. He said stronger trust-based engagement on export controls and firm intellectual property protections were needed to give innovators the confidence to invest, create and scale.Speaking at the Indo-American Chamber of Commerce's national convention, themed "Redefining the India–US Comprehensive Strategic Partnership", Gor said the economic relationship between the two countries had vast potential. He said bilateral trade had risen sharply over the past two decades and that both sides shared the ambition of taking it to USD 500 billion by 2030.Addressing the gathering in Mumbai, Gor said the US embassy in India ranked first among US embassies worldwide in attracting more than USD 20 billion in investment. He said Indian companies investing in America was a win-win situation as they got access to one of the world's most dynamic markets."This relationship has unbelievable and incredible potential. To unleash the full power of the economic engine, we must address friction points together as true partners. We need predictable taxation and regulatory frameworks that allow business to thrive," he said. Gor also spoke about intellectual property protection, saying companies around the world had told him their intellectual property rights had been stolen and that they wanted to move their firms to India. "We do trust India," he said, adding that President Donald Trump had trusted India and invested heavily in the relationship from day one.He said there should be candid, trust-based engagement on export controls and "rock-solid intellectual property protections" so innovators could invest and expand without fear. He said bilateral trade in goods and services between India and the US had grown from USD 20 billion to USD 240 billion in just over two decades.The 12-fold rise did not happen by accident, he said, adding that when India and the US worked together, "they integrate value chains, accelerate breakthroughs in critical technologies and strengthen supply chain resilience".- EndsPublished By: India Today Web Desk Published On: Aug 18, 2026 13:07 IST