Obama: New U.S. Initiatives Will Generate over $4B in Trade with India, $2B in Energy

‘We’re moving in the right direction’

"In the last few years we've increased trade between our countries by some 60 percent and both Indian and American workers are and can benefit even more in the future from close ties between our two countries. So we're moving in the right direction ...Today, I'm proud to announce additional steps, a series of U.S. initiatives that will generate more than $4 billion in trade and investment with Indian support thousands of jobs in both of our countries ... And, our U.S. Trade and Development Agency will aim to leverage nearly $2 billion investments in renewable energy in India ... First, we have to keep working to make it easier to do business together in both our countries."

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