US Ambassador Discusses Enhanced Cooperation with RBI Governor in Mumbai

Strengthening US-India Relations

Mumbai, January 17: On Saturday, Sergio Gor, the US Ambassador to India, met with Sanjay Malhotra, the Governor of the Reserve Bank of India (RBI), to explore avenues for enhanced collaboration.

During his inaugural visit to Mumbai, Gor also toured the US Consulate in the city.

In a post on X, Gor expressed his pleasure in meeting with the RBI Governor, highlighting discussions on increased cooperation, particularly in the realm of cutting-edge US technology.

The ambassador announced that India would be invited next month to participate in Pax Silica, a strategic technology initiative led by the US, which focuses on semiconductors, artificial intelligence, and essential supply chains.

Earlier, Gor shared his enthusiasm for starting his Mumbai visit at the Consulate, praising the team’s efforts to strengthen the US-India partnership.

He noted that both nations are actively engaged in trade discussions, with further talks anticipated soon.

After assuming his role, Gor emphasized the ongoing momentum in trade negotiations between India and the US, although he refrained from disclosing specific agenda items, mentioning that follow-up meetings are on the horizon.

Gor aims to fortify the relationship between what he referred to as the world’s oldest and largest democracies.

He characterized Pax Silica as a recently launched US initiative aimed at establishing a secure and innovative silicon supply chain, encompassing critical minerals, energy inputs, advanced manufacturing, semiconductors, AI, and logistics. Countries like Japan, South Korea, the UK, and Israel have already joined this initiative.

As emerging technologies continue to evolve, Gor stressed the importance of close collaboration between India and the US from the outset of such initiatives.