Obama in India:In their address to the Indo-US CEOs conclave on Monday both US President Barack Obama and Prime Minister Narendra Modi stressed on the natural convergence between the two countries and untapped potential to grow bilateral trade and Investment.
While Modi assured intellectual property rights protection, an easier environment for doing business, fast-tracking of US investments into India and a predictable and competitive tax regime, Obama promised $4 billion in trade financing, two US trade missions in the infrastructure sector and technology assistance for building smart cities and clean energy, apart from helping in the financial inclusion project.
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