India still many barriers to trade in the US, Barack Obama
New Delhi … News Time
US President Barack Obama said that although trade between the US and India has made considerable progress, but India still many barriers to trade. New Delhi Chief executives of US and Indian business community was addressing the PresidentObstacles to trade and problems in India are required to removeand it often is aware of investors and business segments, According to the United States in India than China’s vast business opportunitieshowever, New Delhi, slow economic reform and global issues between the US and the major obstacle on the way. Barack Obama said that the volume of trade between India and the US $ 100 billion per year that China is less than 5 timestherefore it is necessary to increase and the two countries are moving in the right direction, to strengthen trade relations between India and the US investment are several areas which need to be exposed. US President alternative energy investing $ 2 billion to $ 4 billion, including the US will invest in India.
