US to press India for open and transparent trade
07/03/2011 177
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Washington, Mar 5 (PTI) The US considers India as "one of the most significant" markets for growth and will press New Delhi for promoting "open and transparent" trade and investment regime, a key American policy document has said.
"In South Asia, India presents one of the most significant markets for growth in US exports and investment," American 2011 Trade Policy Agenda said.
It said the US would continue "to use all available mechanisms -? including the US-India Trade Policy Forum and the WTO -? to promote an open and transparent trade and investment regime in India".
The document said that India has numerous trade barriers which include prohibiting the entry of several US agricultural products into the Indian market or efforts designed to stimulate domestic industry at the expense of foreign competition.
March 5th, 2011
Source: ptinews.com
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