US envoy Sergio Gor bats for ‘predictable taxation & regulatory frameworks’ to boost India-US ties

US Ambassador Sergio Gor has urged India and the United States to adopt predictable taxation and regulatory structures, enhanced intellectual property safeguards, and fortified trust over export controls to bolster their economic partnership. Speaking at the Indo-American Chamber of Commerce (IACC) National Convention 2026, Gor emphasized the vast potential for growth in commercial ties between the two nations, urging them to tackle friction points and create a business environment that provides companies with greater certainty.

The India-US economic relationship has experienced significant expansion, with trade in goods and services surging from approximately $20 billion to over $240 billion over the past two decades, and both countries have set an ambitious target of reaching $500 billion by 2030. Gor highlighted the acceleration of breakthroughs in critical technologies, supply chain resilience, and trust-based engagement as key benefits of their collaboration.

He also noted the growing cooperation in areas such as artificial intelligence, quantum computing, semiconductors, defence, aerospace, energy, and critical minerals. Despite the United States Senate passing the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, Gor stressed the need for both nations to approach their economic relationship as partners and address friction points together as true partners.