New U.S.-India Trade Initiative Created

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The CalTrade Report published a news story on November 16, 2007 regarding a new private sector initiative has been launched to deepen two-way trade and investment between the United States and India. The report states:

Crafted by the US-India Business Council (USIBC), the comprehensive initiative will focus on developing ways to lower trade barriers and create “substantial market opening arrangements designed to bring broadly inclusive growth to both countries,” according to USIBC President Ron Somers. The effort, he added, “seeks to change the paradigm on US-India trade and develop broad-based support in both countries for a robust trade and investment relationship appropriate for these dynamic economies and strategic partners.”

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