18 March, 2010The United States and India sign trade cooperation agreement
The United States has signed and India on Wednesday in Washington an agreement to strengthen their economic, commercial and financial support could push the growth of trade between the two countries.
The Agreement encourages technological exchanges, agricultural and industrial goods and services and seeks to stimulate the investments of each of the two countries on the territory of the other country.
He said U.S. Trade Representative for Foreign Affairs, Ron Kirk, "The ability of the growth of trade between our two countries is virtually unlimited, and could therefore contribute to the economic upturn and create jobs in the United States and further growth in India."
Egyptian Minister of Trade and Industry of India Anand Sharma, "The forms of cooperation between our economies have not yet been fully realized."
In 2008, the value of exchanges of goods and services $ 66 billion, and occupied India, the world economy, the twelfth, ranked seventeenth in the import of American goods.
The improved relations between the two countries, which stalled when India belong to the Non-Aligned Movement in 2008 with the signing of an agreement that allows India, which possesses nuclear weapons in cooperation with the United States in the field of nuclear energy.
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