Barack Obama's Business Trip in November 2010 in India

Barack Obama's Business Trip in November 2010 in India

President Barack Obama in November is a business trip unusual, especially during the activation of its predecessors, President Clinton and the visit of President George Bush.

The trip on the relationship one-to-government on strengthening the Government's policy, and India the sale of U.S. goods and technology on other large-scale investment inflows into India to promote the development of the United States focuses more on.

Obama in his third of the city a discussion about the three-day visit to Mumbai and Delhi during the visit, if time permits is determined. In addition to discussions between the Governments, the Business Summit will be held in Mumbai on November 6. Obama, the Finance Minister Pranav Mukherjee, Commerce Gary Locke and U. S. Secretary of USIBC President Terry McGrath will address the summit. Obama's delegation of CEOs of major U.S. is expected to be with a team.

According to sources, articles of Obama concerns the company, which in the end defense, civil aviation and nuclear power will lead to sales of American products and technology deals. The last visit of the Presidents of the United States, the roads of India, the application ports, telecommunications, energy and dynamism of investment in infrastructure is the opposite.

The Indian business community, especially when combined with the strategic change Clinton first visit to India in 2000, far less than the contribution is less enthusiastic scope for business.

White House advance team, a senior government official Times of India to coordinate discussions with Obama's visit confirmed that there is a marked difference in the enthusiasm of the business community over the last presidential delegations .

However, visiting the United States, is significant because sales of large-scale products and technologies to India and disrupt its sagging fortunes of the labor market is important. Obama's visit to U.S. companies hoping to get the most from Boeing, Lockheed Martin, GE, Westinghouse and a few American universities that are seeking investment opportunities in higher education.

Public meetings to discuss the civil nuclear deal around, discuss joint anti-terror military cooperation and defense and other strategic dialogue is likely to be dominated.

But the Defense Ministry said that India Communications Interoperability and Security Memorandum of Understanding and the Base Exchange and cooperation agreement signed geo-spatial association can not.

By now most business associations Obama delegation to the chest into his talking points on offer, with no public statement coordinated by USIBC, except for one major industry bodies regarding the meetings, by one.

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