Trade & Economic Cooperation
On July 31, 2014 Secretary Kerry co-chaired the fifth U.S.-India Strategic Dialogue with the Indian Minister of External Affairs Sushma Swaraj in New Delhi. Secretary Kerry was accompanied by U.S. Secretary of Commerce Penny Pritzker and officials from other U.S. agencies including the Department of Energy, Department of Homeland Security, and NASA. Discussions of bilateral and regional issues included U.S.-India economic ties, counterterrorism efforts, regional security initiatives, people-to-people ties, and other facets of the strategic partnership. It was the first U.S. cabinet-level visit to New Delhi since the new Indian Government was elected, and it underscored the strategic importance of the U.S.-India relationship.
Trade & Economic Cooperation working groups will continue and strengthen our discussions on business, trade and food security. Here are some of the activities between the two governments that are advancing trade & economic cooperation.
The U.S.-India Investment Initiative will help our governments discuss and explore capital market reforms and policy measures to spur long-term investment by domestic and foreign investors in India.
Bilateral trade between our two countries is up since we began our Strategic Dialogue.
The signing of IGA is a reaffirmation of the shared commitment of India and USA towards tax transparency and the fight against offshore tax evasion and avoidance.
Smart Partners: U.S. Business, Smart Cities, and the U.S. – India Relationship -Ambassador Verma’s Remarks at the American Chamber of Commerce Annual General Meeting, April 28, 2015
It will take public and private initiative and cooperation to meet the needs of our future cities and their residents.
"and you’ve heard from companies from Switzerland, Canada, Indonesia, Japan, India – almost every corner of the globe, almost every sector of the economy – working with SelectUSA to make the smart choice to expand and open up shop in the United States."