Showing posts with label Indo-US relationship. Show all posts
Showing posts with label Indo-US relationship. Show all posts

4 Jan 2012

USA Pushing For FDI in Multi-Brand Retail


Many people believe that the recently deceased FDI in multi-brand retail was taken purely to help India's farmers and consumers.  They should read this.

On its part, the US is expected to push for opening up of India's multi-brand retail trade to Foreign Direct Investment; raise its concern over certain proposals that could ‘curb' FDI in brown field pharma projects and the proposal for mechanism for an oversight by the Competition Commission of India to look at the impact of acquisitions; take up their complaint against the 30 per cent local sourcing requirement in India's solar power generation programme; India's restriction on US diary imports; as well as reduction of tariffs in industrial products in general.

16 Jun 2010

India: America's Strategic Partner?

Speaking at a press conference here Rajan Bharti Mittal, President of the FICCI, said, “It is a little unfortunate that when we have the first Indo-U.S. strategic dialogue on the one side, and then you have, with your own strategic partner you defined, dual technology denials, or entities which are on a list or watched.”

Mr. Mittal added that while the U.S. was, on the one hand, discussing collaboration on space with India, on the other it was preventing the Indian Space Research Organisation (ISRO) from using U.S. space technology by keeping it on the Entities List.

Also, he said, “While you talk about the most [joint] defence exercises being done between India and the U.S. … you [however] have the Defence Research and Development Organisation… on their banned list.”

Thus there was a need to look at the Indo-U.S. strategic relationship, “in a very different way,” he said.

The Americans I'm sure already look at the relationship in a different way. India, rather than being a partner, is just a market for their industry to sell defence equipment, nuclear power equipment, and so on.