{"id":35354,"date":"2018-10-31T16:40:10","date_gmt":"2018-10-31T11:10:10","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=35354"},"modified":"2018-10-31T16:40:10","modified_gmt":"2018-10-31T11:10:10","slug":"india-u-s-eye-states-to-boost-trade-ties","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-u-s-eye-states-to-boost-trade-ties\/","title":{"rendered":"India, U.S. eye states to boost trade ties:"},"content":{"rendered":"<p><span style=\"color: #000000;\"><a href=\"http:\/\/www.thehindu.com\/todays-paper\/tp-business\/india-us-eye-states-to-boost-trade-ties\/article19597449.ece\"><span style=\"font-weight: 400;\">India, U.S. eye states to boost trade ties<\/span><\/a><span style=\"font-weight: 400;\">:<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Context<\/b><\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400; color: #000000;\">India and the U.S. are working on establishing a state-level engagement mechanism to widen and deepen bilateral trade and investment ties.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><b>State Engagement Task force\u2019 (SET)<\/b><\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">The U.S.-India Business Council (USIBC), will disclose within a fortnight a <\/span><b>\u2018State Engagement Task force\u2019 (SET)<\/b><span style=\"font-weight: 400;\"> ensuring American and Indian companies align their interests with the priorities of the State governments of both the countries.<\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><b>Engagement for improving ties<\/b><\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400; color: #000000;\">The move has come as India and the U.S. are set to carry out a comprehensive review of bilateral trade ties.<\/span><\/li>\n<li><span style=\"font-weight: 400; color: #000000;\">Priorities sectors in the exercise will be defense and energy.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><b>The main focus<\/b><\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400; color: #000000;\">The focus in defence would include Lockheed Martin\u2019s proposal to make F-16 fighter jets in India.<\/span><\/li>\n<li><span style=\"font-weight: 400; color: #000000;\">There is also sale of General Atomics Aeronautical Systems Inc. or GA-ASI\u2019s \u2018Guardian Remotely Piloted Aircraft\u2019 to India.<\/span><\/li>\n<li><span style=\"font-weight: 400; color: #000000;\">Energy ties would be covering exports of U.S. natural gas, transfer of U.S. technology on oil and gas refining, as well as the conclusion of pacts between Nuclear Power Corp. and Westinghouse Electric for six nuclear reactors in India and related project financing.<\/span><\/li>\n<li><span style=\"font-weight: 400; color: #000000;\">Smart cities are the other priority areas including Ajmer, Allahabad and Visakhapatnam.<\/span><\/li>\n<li><span style=\"font-weight: 400; color: #000000;\">Regional airport development in India through public private partnership, e-commerce, digital payments and medical devices is also point of focus.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><b>The four separate engagement channels<\/b><\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400; color: #000000;\">Industry puts forward four separate engagement channels \u2014<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400; color: #000000;\">1.the comprehensive review of trade ties,<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">2.forthcoming trade policy forum<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">3.the bilateral \u2018commercial dialogue<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">4.the Global Entrepreneurship Summit in November would be provided during the Global Entrepreneurship Conclave (GEC) being organized by the USIBC next month.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India, U.S. eye states to boost trade ties: Context India and the U.S. are working on establishing a state-level engagement mechanism to widen and deepen bilateral trade and investment ties. State Engagement Task force\u2019 (SET) The U.S.-India Business Council (USIBC), will disclose within a fortnight a \u2018State Engagement Task force\u2019 (SET) ensuring American and Indian&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/india-u-s-eye-states-to-boost-trade-ties\/\">Continue reading <span class=\"screen-reader-text\">India, U.S. eye states to boost trade ties:<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-35354","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704840159},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/35354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=35354"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/35354\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=35354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=35354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=35354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}