Tue, 10/27/2009 - 14:59 by shalini.bahadur
New Delhi -- The United States wants India to be among its top 10 trading partners, U.S. Trade Representative Ron Kirk said in New Delhi.
"We want India to be among the top 10 trading partners of the U.S. from the present 17th position," Kirk told reporters Monday. "We look for improvement in the healthcare, education, information technology and environmental systems."
Kirk said the United States has sought greater access to financial services, goods and services areas, The Hindu newspaper reported. He said the United States would like to see improvement and openness in the investment environment for U.S. businesses in India.
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Sat, 06/27/2009 - 14:49 by preet_20
Paris, June 27: India's Commerce and Industry Minister Anand Sharma hopes the mini-ministerial of the World Trade Organisation (WTO) that New Delhi will be hosting in September will be able to lay out a clear roadmap for the Doha Development Round negotiations that have been blocked for nearly a year.
Sharma told mediapersons here at the end of his two-day visit on the occasion of the OECD Forum where a ministerial meeting with some of the key WTO member states was held. Sharma had meetings with several of his counterparts from the major nations around the world. OECD is the Organisation for Economic Cooperation and Development.
Sharma said as the talks had been stalled for a long while, it had resulted in the growth of an underbrush of issues which could threaten the entire concept of multilateralism.
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Mon, 06/22/2009 - 18:58 by Inderjit Singh
London, June 22-- India's new Trade and Commerce Minister Anand Sharma said Monday rich countries must grant Indian professionals more visas as he pressed for a resumption of stalled global trade talks.
Sharma, who is in Britain for talks with his opposite number Peter Mandelson, told a gathering of prominent British and Indian businessmen the logjam in the so-called Doha Development Round of trade talks "must be broken".
But he accused rich countries of erecting new trade barriers in response to the global recession.
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Fri, 06/19/2009 - 13:52 by shiffali
Washington, June 19 India will look to find a middle ground in the global trade talks in the quest for a "fair solution acceptable to all parties", Commerce and Industry Minister Anand Sharma said here, insisting that New Delhi never wanted the talks to collapse.
Asserting that India had never wanted the Doha Round of World Trade talks to collapse, New Delhi hopes that a common meeting ground would be found to provide a level playing field to the developing countries. The Doha round had a hit a logjam because of non-convergence on many issues, but now there is recognition of the sensitivities of the developing countries, Sharma told a press conference Thursday before leaving for New Delhi after his three-day visit.
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Fri, 06/19/2009 - 10:21 by preet_20
Washington, June 19: India's Commerce and Industry Minister Anand Sharma is returning home confident that President Barack Obama and his administration attach enormous significance in engaging India and wish to take their relationship forward.
"I have no doubt in my mind that President Obama and his administration attach enormous significance in engaging India," he told a press conference here Thursday at the end of a three-day visit.
The first cabinet minister to visit the US after the Congress Party led coalition was voted back to power in India, Sharma met Secretary of State Hillary Clinton, US Trade Representative Ronald Kirk as also legislators and business leaders during his stay.
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Thu, 06/18/2009 - 20:03 by Inderjit Singh
Washington, June 18 Indian firms have contributed $105 billion (Rs.5.25 lakh crore) to the US economy between 2004 and 2007 apart from creating 300,000 jobs, Commerce and Industry Minister Anand Sharma said here late Wednesday.
In his address at the US-India Business Council (USIBC) summit, Sharma cited the findings of a study on India Inc's role in the US and said: "During the period 2004-07, the Indian industry had contributed $105 billion to the US economy and created 300,000 jobs."
He also released the study, "Contribution of the Indian industry to the US economy", which has been prepared for the India Brand Equity Foundation, an organisation set up by the commerce ministry and the Confederation of Indian Industry (CII) to build positive economic perceptions of India globally.
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Thu, 06/18/2009 - 10:05 by preet_20
Washington, June 18: US Secretary of State Hillary Clinton says official ties between Washington and New Delhi needed to catch up with growing people-to-people and economic linkages that have developed between Manhattan and Mumbai or Boston and Bangalore.
Noting that trade between the two nations has doubled, since 2004, and now exceeds $43 billion and there are over 90,000 Indian students studying in the United States, Clinton said: "We need the bilateral cooperation between our governments to catch up with our people-to-people and economic ties."
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Wed, 06/17/2009 - 09:53 by preet_20
Washington, June 17: Three top Obama administration officials are expected to outline Washington's plans to boost bilaerasl ties as the US and India begin their first high-level interaction after the return of the Manmohan Singh government.
Setting at rest speculation that unlike the previous Bush administration, Obama was ignoring New Delhi, three members of any US president's cabinet will for the first time appear together on one platform to push forward Indo-US relations at the US-India Business Council's (USIBC) Synergies Summit Wednesday.
While Secretary of State Hillary Clinton is expected to outline where India stands in Obama administration's world view, Commerce Secretary Gary Locke and the US Trade Representative Ronald Kirk will talk about the way ahead for the India-US trade and economic partnership.
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Tue, 06/16/2009 - 19:33 by Inderjit Singh
Washington, June 16 Ahead of a meeting with Commerce and Industry Minister Anand Sharma, the US has declared its commitment to enhancing dialogue with India on key trade policy issues, including a bilateral investment treaty.
US Trade Representative Ron Kirk will discuss these issues with Sharma during a roundtable at the US-India Business Council's Synergies Summit here Wednesday.
"Kirk is committed to enhancing the US-India trade relationship by fostering enhanced dialogue on important trade policy matters including a US-India Bilateral Investment Treaty," the USTR's office said in a statement.
Noting that India is an important trade partner for the US, it said one way that the USTR is working on growing trade and investment links with India is through the Trade Policy Forum (TPF).
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