ID :
147882
Fri, 10/29/2010 - 05:53
Auther :

Obama`s India visit to focus on pushing US exports: US

Washington, Oct 28 (PTI) Ahead of US President Barack
Obama's visit to India, the government here has said that it
is looking at the country as a big market for American exports
and expects several commercial deals during his stay.
Officials here said that Obama is expected to focus on
removal of barriers to US exports and for greater American
participation in the Indian market to create jobs back home.
"I think one of the major themes...the President is
likely to emphasise is that...India is also a tremendous
market, potential market, for US exports and a source of
investment back in the US," Deputy National Security Advisor
Mike Froman told reporters Wednesday at White House briefing.
"...it’s a tremendous opportunity for goods, services,
agriculture that he'll be pursuing while he‘s there for
supporting jobs back here in the US," he said, adding that
some major commercial deals are likely to be announced during
the Obama visit to India next week.
Besides, White House spokesman Robert Gibbs said Obama's
focus during the visit would be that economic relations with
India create jobs back home.
"I think we'll see as we get closer - not just the
genuine potential of the market for American companies but
some tangible impact in supporting and creating jobs here in
America," Gibbs said, adding that it would be consistent with
their national export initiative.
Froman said there’s an ongoing dialogue between the two
governments about outstanding trade issues, and Obama will
make clear the importance of removing barriers to US exports
and US participation in the Indian market.
He said a number of commercial deals are likely to be
announced during the trip.
"There are a number of large contracts being worked on
between US companies and their Indian counterparts, oftentimes
with the support of the US government in terms of our advocacy
efforts or our trade finance being available. We hope to
consummate some of these deals in the run-up to the
President’s visits," Froman said. PTI

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