India-US to sign key trade, investment pact on March 17

[ChromeFoundry]

Source: Economic Times India

7 Mar 2010, 1248 hrs IST, PTI

NEW DELHI: India and the US will sign a crucial agreement on March 17, laying down fresh rules and objectives for mutual trade and investment.

Commerce and Industry Minister Anand Sharma said here yesterday that he would be going to Washington for signing of the Framework for Cooperation in Trade and Investment.

The two countries have been engaged in negotiating this pact for the last few years with an intention to remove impediments in their economic relations.

The US has been seeking greater market access in India and raising concern over protection of the intellectual property rights (IPR).

However, India has insisted that the country has an excellent record in protection of IPR.

In the fiscal 2008-09, India-US trade aggregated at about USD 39.71 billion.

The US was India's third largest partner both in trade and investment in the last financial year.



Read more: http://economictimes.indiatimes.com/News/Economy/Foreign-Trade/India-US-to-sign-key-trade-investment-pact-on-March-17/articleshow/5653779.cms

[pokercat999]

1. I hope India wears two condoms when they shove it up

America's ass.

[PSPS]

2. Translation: US to grease skids for even easier offshoring of US jobs.

[OhioChick]

4. Bingo. n/t

[glinda]

3. Better a strong pact with them now to start to ease off of China a bit. India will be

a big player on the world stage. Something needs to be definitely done about our job losses though.

[ConcernedCanuk]

5. Dammm - now I'll NEVER get an english speaking person on them help lines . .

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[Amonester]

6. LOL

I guess we will be asked to learn the Indian language now. ;)

Think about it. More than a billion new customers to profit of! :rofl: