One of the items at the top of President Obama’s agenda in India this week is the long-delayed U.S.-India bilateral investment treaty (BIT). Such a treaty was proposed by the President during his 2010 visit to India, but the proposal got little traction with the prior government. It is likely
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India intensifies reforms to attract foreign investment
Over three months have passed since Indian Prime Minister Narendra Modi’s visit to the United States, and the economic relationship between the United States and India continues to strengthen over time. On December 3rd, the Modi government announced the creation of a panel to help fast-track investment proposals coming from …
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ITC Report Focuses on U.S. Trade and Investment in India
On December 22, 2014, the U.S. International Trade Commission released its report on Trade, Investment, and Industrial Policies in India: Effects on the U.S. Economy. Prepared at the request of the Senate Finance and House Ways and Means Committees, the 450-page report highlights the substantial growth in U.S. economic …
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India’s Fight Against “Black Money”
In the run-up to Prime Minister Modi’s election campaign last year, focus was placed on the fight against corruption and “black money” leaving India. Black money is cash that has not been declared or taxed and is usually held in tax havens, such as the British Virgin Islands, Switzerland and …
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India is Open for Business
Prime Minister Modi’s visit to the United States, set to start in New York on Friday, September 26th, is pregnant with expectation — though a number wonder if the Prime Minister’s PR machine is in overdrive. The Prime Minister’s visit is not just hype; it will be both symbolic and …
Prime Minister Modi: A Boon to Defense Trade with India
Defense trade with India has long been the holy grail for the U.S. defense sector. With U.S. defense budgets declining and defense firms increasingly looking overseas to ramp up sales, one would think that India — a democracy in Asia with one of that largest militaries in the world in…
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India’s Election—A New Skipper Enters the Pitch
On Friday, May 16, 2014, Hindu nationalist Narendra Modi won the India election for Prime Minister in a landslide victory for the Bharatiya Janata party (BJP). Modi has been swept into a vast, grand and complex political stadium that is India—the world’s largest democracy. Over 800 million voters—150 million of…
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