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Joe Biden envisons half-trillion dollar trade between USA and India

Joe Biden envisons half-trillion dollar trade between USA and India

While acknowledging the need to remove trade barriers on both side, American Vice President Joe Biden celebrated the rising bilateral trade between India and the United States.

Speaking at the Bombay Stock Exchange in Mumbai last week, he told business leaders, “Our bilateral trade has increased fivefold to $100 billion over the past thirteen years. We see tremendous opportunities (in India) and there is no reason that if our two countries make the right choices, trade cannot grow fivefold or more,” according to the Atlantic Sentinel.

Biden also stated that India has the full support of the United States for securing a seat on the United Nations Security Council and that Indian prime minister Dr. Man Mohan Singh has been invited to the White House to meet with President Barack Obama at the end of September to discuss this particular topic, on top of other trade related issues.

 

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