Indo-US strategic & commercial dialogue on Aug 30

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India is expected to raise its concerns over the visa issue and pitch for fast-tracking the talks for the proposed Social Security Agreement during the second US-India Strategic and Commercial Dialogue (S&CD) here on August 30.

“During the day-long meeting, India and the US would discuss issues to further strengthen bilateral economic relations. India is likely to raise the issue of visa and Social Security Agreement in the meeting,” an official said.

Besides, the two sides would deliberate on ways to promote innovation and entrepreneurship in both the countries.

India wants early conclusion of the Totalisation Agreement or Social Security Agreement with the US.

The US has entered into this agreement with several nations for the purpose of avoiding double taxation of income with respect to social security taxes.

Under these, professionals of both the countries would be exempted from social security taxes when they go to work for a short period in other country.

India has voiced concern over hike in visa fee by the US time and again, saying it impacts Indian IT professionals.

India had already filed a complaint with the World Trade Organisation (WTO) against the US decision to impose high fees on temporary working visas.

The official said the India-US CEOs Forum would meet on August 30 to discuss ways to enhance trade and investments between the two countries.

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