In Mumbai, Sanchez presses India on retail and more

Francisco Sanchez, US Under-secretary of Commerce for international trade, said that Washington wants a removal of India’s ban on foreign investment in multi-brand retailers, which prevents Wal-mart and other international retailers from opening stores for Indian consumers.  He asserted that permitting greater foreign entry into the retail sector would improve...

Defense Minister AK Antony in Washington, talks business

“We think we have the finest military hardware in the world, and if India is upgrading its defence capabilities, they should buy American,” P.J. Crowley, U.S. State Department spokesman, said following Indian Defense Minister A.K. Antony’s meeting with Hillary Clinton. “Our understanding is that some of those decisions are coming...

White House Trade Official Visits Delhi

Deputy U.S. Trade Representative Demetrios Marantis spent Wednesday and Thursday last week in official talks in India. Ambassador Marantis met Indian Commerce Secretary Rahul Khullar to discuss bilateral trade and investment issues, including U.S. agricultural and telecommunications equipment exports to India.  (A Secretary in India is not a cabinet position...

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