Reuters
Washington: Government and business leaders from India and the US are meeting here this week to explore ways to remove investment barriers and deepen their commercial ties to achieve the full potential of their relationship.
"India is a long-term business opportunity that holds tremendous opportunities for industry," said Ron Somers, President of the US-India Business Council (USIBC), a trade advocacy group comprised of more than 350 of the top-tier US and Indian companies, ahead of the conclaves.
The USIBC's 38th anniversary leadership summit here July 11 will feature Finance Minister P. Chidambaram, Commerce Minister Anand Sharma, and Deputy Chairman of the Planning Commission Montek Singh Ahluwalia from the Indian side.
The Indian government leaders will join the newly appointed US Trade Representative Michael Froman in identifying barriers to trade and investment and propose solutions to deepen the US-India commercial relationship which crossed $100 billion this year in two-way trade in goods and services, USIBC said.
Source: http://news.in.msn.com/business/article.aspx?cp-documentid=253346038
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