Indo-US Trade and Economic Cooperation

Indo-US Trade and Economic Cooperation PDF Author: K. S. Mehra
Publisher: Allied Publishers
ISBN: 9788170234562
Category : Foreign trade promotion
Languages : en
Pages : 164

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India U.S. Economic and Trade Relations

India U.S. Economic and Trade Relations PDF Author: Michael F. Martin
Publisher: Novinka Books
ISBN: 9781604567564
Category : India
Languages : en
Pages : 0

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After decades of strained political relations, the U.S. and Indian governments are currently pursuing a "strategic partnership" based on numerous overlapping interests, shared values, and improved economic and trade relations. India is in the midst of a rapid economic expansion, and many U.S. companies view India as a lucrative market and a candidate for foreign investment. For its part, the current Indian government sees itself continuing the economic reforms started in 1991, aimed at transforming a quasi-socialist economy into a more open, market-oriented economy. However, the U.S. government is concerned that India's economic reforms are progressing too slowly and unevenly. Bilateral merchandise trade has grown from $6 billion in 1990 to $33 billion in 2006. Although India was only the 21st largest export market for the United States in 2006, the United States has become India's leading trading partner, mostly due to the growth in India's exports to the United States. However, recent increases in trade with China have made it a close second to the United States. In 2006, the U.S. bilateral trade deficit with India totalled $13 billion. In 2006, India's gross domestic product (GDP) grew by 9.2%, a growth rate second only to China among Asian nations. India's economic growth has also brought about the emergence of a sizeable "middle class" and the largest number of billionaires in Asia, but the country's mostly rural population remains comparatively poor and largely isolated from the benefits of growth. In addition, there is growing concern that the economy is "overheated", as evidenced by rising rates of inflation. Moreover, despite several years of strong growth, investment in infrastructure is lagging, creating a potential bottleneck for long-term economic expansion. Finally, attempts at additional economic reforms aimed at resolving these and other economic problems are constrained by India's political dynamics. Despite the significant liberalisation of India's trade and foreign investment policies, there remain a number of bilateral and multilateral trade issues between the United States and India. The United States seeks greater market access to India's agricultural market and key service sectors for its exports and for foreign direct investment. The United States is also concerned about "outsourcing", and would also like to see improvements in India's intellectual property rights protection. India, for its part, calls for the lowering of perceived U.S. barriers to agricultural and service imports, as well as an expansion of the H-1B visa program. Many of the more prominent Indo-U.S. trade issues may have indirect implications for Congress. The growth of India's services exports to the United States has contributed to congressional consideration of possible legislation to provide greater assistance to displaced U.S. workers. Also, India's growing demand for crude oil has raised the possibility of boosting bilateral energy co-operation. Finally, the passage of the Hyde Act in 2006 (PL 109-401) has led to the negotiations of a bilateral peaceful nuclear co-operation ("123") agreement, which cannot go into effect without congressional approval.

Indo-US Trade and Economic Cooperation

Indo-US Trade and Economic Cooperation PDF Author: K. S. Mehra
Publisher: Allied Publishers
ISBN: 9788170234562
Category : Foreign trade promotion
Languages : en
Pages : 164

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Book Description


India-U.S. Economic Relations

India-U.S. Economic Relations PDF Author: Wayne M. Morrison
Publisher:
ISBN:
Category : India
Languages : en
Pages : 6

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A Wary Partnership

A Wary Partnership PDF Author: Euijin Jung
Publisher: Peterson Institute for International Economics
ISBN: 0881327417
Category : Business & Economics
Languages : en
Pages : 158

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Book Description
This PIIE Briefing published by the Peterson Institute for International Economics traces the complex economic relationship between India and the rest of the world, focusing on the United States. The various chapters, by leading experts, emphasize the contrast between political ties between Washington and New Delhi, which have steadily improved since the 1980s, culminating in the landmark nuclear agreement in 2005, and economic ties, which have lagged despite intensive negotiations and pledges of cooperation. The current moment of uncertainty and turbulence may not seem to be the time for a new collaborative chapter in this frequently contentious economic relationship. But the authors argue instead that a crisis can compel leaders of both countries to rethink their failed policies and expand, not reduce, their economic cooperation. By examining the record of international economic policies in the world’s two most populous democracies, this volume can illuminate a path forward. There are no illusions in these essays about the costs and obstacles. Their assumption is that learning the lessons of the past can guide the way for progress in the future.

The India-China Relationship

The India-China Relationship PDF Author: Francine R. Frankel
Publisher: Woodrow Wilson Center Press
ISBN:
Category : China
Languages : en
Pages : 398

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Crs Report for Congress

Crs Report for Congress PDF Author: Michael F. Martin
Publisher: BiblioGov
ISBN: 9781293255155
Category :
Languages : en
Pages : 70

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Book Description
After decades of strained political relations, the U.S. and Indian governments are currently pursuing a "strategic partnership" based on numerous overlapping interests, shared values, and improved economic and trade relations. India is in the midst of a rapid economic expansion, and many U.S. companies view India as a lucrative market and a candidate for foreign investment. For its part, the current Indian government sees itself continuing the economic reforms started in 1991, aimed at transforming a quasi-socialist economy into a more open, market-oriented economy. However, the U.S. government is concerned that India's economic reforms are progressing too slowly and unevenly. Bilateral merchandise trade has grown from $6 billion in 1990 to $33 billion in 2006. Although India was only the 21th largest export market for the United States in 2006, the United States has become India's leading trading partner, mostly due to the growth in India's exports to the United States. However, recent increases in trade with China have made it a close second to the United States. In 2006, the U.S. bilateral trade deficit with India totaled $13 billion. In 2006, India's gross domestic product (GDP) grew by 9.2%, a growth rate second only to China among Asian nations. ...

Indo-US Economic Relations

Indo-US Economic Relations PDF Author: Badar Alam Iqbal
Publisher: ICFAI Books
ISBN: 8178817578
Category : India
Languages : en
Pages : 149

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Book Description
India-US relations have changed indeed. The author, Badar Alam Iqbal, a Fulbright scholar and a professor at Aligarh Muslim University, seeks to examine the more dynamic relationship between the two countries and begins with what existed and transpired be

Fateful Triangle

Fateful Triangle PDF Author: Tanvi Madan
Publisher: Brookings Institution Press
ISBN: 0815737726
Category : Political Science
Languages : en
Pages : 399

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Book Description
Taking a long view of the three-party relationship, and its future prospects In this Asian century, scholars, officials and journalists are increasingly focused on the fate of the rivalry between China and India. They see the U.S. relationships with the two Asian giants as now intertwined, after having followed separate paths during the Cold War. In Fateful Triangle, Tanvi Madan argues that China's influence on the U.S.-India relationship is neither a recent nor a momentary phenomenon. Drawing on documents from India and the United States, she shows that American and Indian perceptions of and policy toward China significantly shaped U.S.-India relations in three crucial decades, from 1949 to 1979. Fateful Triangle updates our understanding of the diplomatic history of U.S.-India relations, highlighting China's central role in it, reassesses the origins and practice of Indian foreign policy and nonalignment, and provides historical context for the interactions between the three countries. Madan's assessment of this formative period in the triangular relationship is of more than historic interest. A key question today is whether the United States and India can, or should develop ever-closer ties as a way of countering China's desire to be the dominant power in the broader Asian region. Fateful Triangle argues that history shows such a partnership is neither inevitable nor impossible. A desire to offset China brought the two countries closer together in the past, and could do so again. A look to history, however, also shows that shared perceptions of an external threat from China are necessary, but insufficient, to bring India and the United States into a close and sustained alignment: that requires agreement on the nature and urgency of the threat, as well as how to approach the threat strategically, economically, and ideologically. With its long view, Fateful Triangle offers insights for both present and future policymakers as they tackle a fateful, and evolving, triangle that has regional and global implications.

Indo-US Relations Into the 21st Century

Indo-US Relations Into the 21st Century PDF Author: Chintamani Mahapatra
Publisher: Institute for Defense Studies and Analyses
ISBN:
Category : Political Science
Languages : en
Pages : 218

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Our Time Has Come

Our Time Has Come PDF Author: Alyssa Ayres
Publisher: Oxford University Press
ISBN: 0190494522
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
Long plagued by poverty, India's recent economic growth has vaulted it into the ranks of the world's emerging powers, but what kind of power it wants to be remains a mystery. Our Time Has Come explains why India behaves the way it does, and the role it is likely to play globally as its prominence grows.