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USIBC open to taking part in totalisation talks

Senior diplomatic sources aware of the developments told Business Standard that the two governments were at loggerheads on the issue

USIBC President Nisha Biswal welcomes Suresh Prabhu at a reception concluding Trade Policy Forum. Photo: @USIBC
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USIBC President Nisha Biswal welcomes Suresh Prabhu at a reception concluding Trade Policy Forum. Photo: @USIBC

Subhayan Chakraborty New Delhi
The US-India Business Council (USIBC) may become part of talks on totalisation that is a bone of contention between India and its largest export partner, the US, newly elected USIBC President Nisha Desai Biswal has said.

Biswal, who on Tuesday took charge of the organisation that has dominated business dialogue between the two countries for decades, said the USIBC was open to providing critical inputs to both governments to sort out the totalisation issue. Totalisation refers to allowing temporary Indian workers in the US to repatriate their social security contributions when they leave the country and has been a source