India - U.S. commercial ties at peak: business council
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India - U.S. commercial ties at peak: business council

Thursday, 27 May 2010, 10:55 Hrs   |    1 Comments
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Washington:As India and the United States head towards their first-ever Strategic Dialogue, a top American corporate leader has said the commercial relationship between the two countries has never been better.

"The US-India commercial relationship is at a peak and has never been better," US-India Business Council (USIBC) President Ron Somers -- who played a lead role in the passage of the civilian nuclear deal between the two countries -- told PTI in an interview ahead of next week's Strategic Dialogue.

"When you consider the comfort level and the level of steady growth both ways, the phenomenon of the two-way street where Indian investment is coming to America and where American investment is steadily going to India, ties commercially have never been better between the United States and Indian companies," Somers said.
Source: PTI
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Reader's comments(1)
1: now US has to depend on developing economies like India for everything
Posted by:ajinkya - 27 May, 2010