In 2010 American exports to Asia exceeded shipments to the Europe for the first time ever. Yesterday, I met U.S. Commerce Secretary Gary Locke who was in Los Angeles to promote President Obama's National Export Initiative (NEI), which seeks to double American exports to $2 trillion by 2014. Speaking at...
Indian American on National Innovation Council
Fellow IIT Alumnus and friend, Dr. "Desh" Deshpande, was just appointed to the National Advisory Council on Innovation and Entrepreneurship, by U.S. Secretary of Commerce Gary Locke. The secretary said that the Council will support President Obama's innovation strategy by helping to develop policies that foster entrepreneurship and identifying new...
U.S. to liberalize export controls to boost sales to India
Exploring avenues to boost its stagnant exports, the U.S. is mulling a complete overhaul of its export control policies this year, which should pave the way for sale of more high-technology goods to India and China. While visiting China last month, U.S. Secretary of Commerce Gary Locke said "We are...