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Group Members;
Parul Sharda
Parmod Arora
Date 28/12/2014
1
Commercial Dialogue envisaged in the statement
“India-U.S. Relations: A Vision for the 21st
Century” made by the Prime Minister of India
and the President of the United States of
America on 23rd March, 2000 at New Delhi; For
the further development and strengthening of
commercial, trade and investment ties between
Indian and U.S. private sectors are shared.
Date 28/12/2014
2
 These Terms of Reference are intended to
provide a general framework to guide the
development and maintenance of a public
sector-private sector dialogue on commerce
between India and the United States. This
public-sector dialogue is envisaged to be an
element of a broader economic/commercial
dialogue between the two governments.
Date 28/12/2014
3
The Dialogue is a cooperative undertaking to
facilitate regular discussion to deepen ties
between the Indian and the American
business communities.
 This will be a forum where emerging issues
affecting bilateral trade may also be
discussed
Date 28/12/2014 4
Date 28/12/2014
5
 To ensure regularity in the conduct of the Dialogue,
the Indian Department of Commerce and the U.S.
Department of Commerce will maintain close
contact with their private sector enterprises and
business associations that are engaged in relevant
activities to bring Indian and U.S. business
representatives together.
The Indian Department of Commerce and the
U.S. Department of Commerce will communicate
at the beginning of each year about, and agree
upon at least one venue for conducting a public-
private sector dialogue session.
 The Indian Department of Commerce and the
U.S Department of Commerce will then consult
with the organizers of the meeting/event
regarding their interest in having a Dialogue
session associated with their programmed.
Date 28/12/2014
6
Date 06/15/2014
7
 Within 90 days of the signing of these Terms
of Reference, the Indian Department of
Commerce and the U.S. Department of
Commerce will consult and develop a plan and
procedures to implement these Terms of
Reference.
 The undertakings of either India or the
United States pursuant to these Terms of
Reference are contingent upon the
availability of funds and subject to the laws
and regulations of India and the United
States.
The Commercial Dialogue will be reviewed
after two years from the date of the signing of
the Terms of Reference.
Date 28/12/2014
8
 To develop a schedule of meetings and
activities for promotion of High Technology
commerce
 to take steps to remove systemic tariff and
non-tariff barriers
 to identify and generate awareness of market
opportunities recognizing the importance of
private sector in this Endeavour
Date 28/12/2014
9
 To create appropriate environment for
successful High Technology commerce in
partnership with private sector
 To maintain regular information flow on the
changes on respective export control laws,
regulations and policies and establishment of
mechanism for prompt discussion on any
bilateral “dual use” export control issues.

Date 28/12/2014
10
 Overview:
The bilateral cooperation is now broad-based
and multi-sectoral covering trade and
investment, defense and security, education,
science and technology, cyber security, high-
technology, civil nuclear energy, space
technology and applications, clean energy,
environment, agriculture and health
28/12/2014 11
 Trade and Economic:
 Mutual Investments:
 Energy:
 Clean Energy:
 Science & Technology (S&T):
 Health Sector:
28/12/2014 12
 From a modest $ 5.6 billion in 1990, the
bilateral trade in merchandise goods has
increased to $ 63.7 billion in 2013.
 India's merchandise exports to the U.S. grew
by 6.8% from $ 35.97 billion during the period
January-October 2013 to $ 38.42 billion
during the period January-October 2014.
28/12/2014 13
 Major items of export from India to US
 Textiles (15.7%)
 Precious stones & metals (20.9%)
 Mineral Fuel, Oil (10.9%)
 Pharmaceutical products (10.8%)
28/12/2014 14
 Organic chemicals (4.9%)
 Machinery (4.9%)
 Electrical Machinery (3%)
 Lac, Gum, Resins (2.9%)
28/12/2014 15
 Precious stones & metals (24.4%)
 Aircraft, spacecraft, Parts (12%)
 Machinery (9.8%)
 Electrical machinery (6.5%)
 Mineral Fuel, Oil etc (6.3%)
258/12/2014 16
 Optical instruments & equipment (6%)
 Organic chemicals (3.4%)
 Plastic Products (3.2%)
28/12/2014 17
 USA is a major investing country in India in
terms of FDI approvals, actual inflows, and
portfolio investment. US investments cover
almost every sector in India, which is open for
private participants.
 Since 2000, the two countries have been
making efforts to strengthen institutional
structure of bilateral economic relations by
means of the “India-US Economic Dialogue”
that aims at deepening the Indo-American
partnership through regular dialogue and
engagement. 28/12/2014 18
 U.S.-India Commercial Dialogue:
 Smart Cities:
 Digital India Initiative:
 Infrastructure Collaboration Platform:
28/12/2014 19
 Bilateral Shared Forum on
Manufacturing:
 Cross-Border Trade and Investment:
 Financing Infrastructure Development:
 Indo-U.S. Investment Initiative:
28/12/2014 20
 5th Strategic Dialogue session was held in
New Delhi in late July 2014. in part due to a
global economic downturn that has dampened
commercial activity.
 On July 29, Secretary of State John Kerry and
Secretary of Commerce Penny Pritzker
traveled to New Delhi for the 5th U.S.-India
Strategic Dialogue, where they met with
newly-seated Indian Prime Minister Narendra
Modi and External Affairs Minister Sushma
Swaraj.
28/12/2014 21
 In a joint statement, the two sides reviewed
bilateral dialogues and working groups on
issues ranging from science and technology to
regional security and counterterrorism.
 On July 10, new Indian Finance Minister Arun
Jaitley presented a partial-year national
budget in pursuing substantive new economic
reforms pledge to raise foreign direct
investment caps in the insurance and defense
sectors up from 26% to 49%.
28/12/2014
22
 India becoming the world’s third largest
economy by 2030; in purchasing power parity
terms.
 Modi is widely viewed in Washington as being
good for business, especially through efforts to
create a more stable and tax-friendly
investment climate.
28/12/2014 23
 Modi faces a busy foreign policy schedule to
include appearances at five multilateral
summit meetings before year’s end: the BRICS
(Brazil, Russia, India, China, South Africa)
summit in July;
 SAARC
 China
28/12/2014 24
 Japan
 Iran
 Pakistan
28/12/2014 25
 Economic and Trade Issues
 Security and Defense Issues
 Human Rights Concerns
28/12/2014 26
 India’s estimated growth in population more
than 68 cities projected to have more than one
million citizens by 2030 and urban area
household income may be $4 trillion in 15
years make it a critical market for future U.S.
exports.
28/12/2014 27
28/12/2014 28

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India u.s. dialogue

  • 1. Group Members; Parul Sharda Parmod Arora Date 28/12/2014 1
  • 2. Commercial Dialogue envisaged in the statement “India-U.S. Relations: A Vision for the 21st Century” made by the Prime Minister of India and the President of the United States of America on 23rd March, 2000 at New Delhi; For the further development and strengthening of commercial, trade and investment ties between Indian and U.S. private sectors are shared. Date 28/12/2014 2
  • 3.  These Terms of Reference are intended to provide a general framework to guide the development and maintenance of a public sector-private sector dialogue on commerce between India and the United States. This public-sector dialogue is envisaged to be an element of a broader economic/commercial dialogue between the two governments. Date 28/12/2014 3
  • 4. The Dialogue is a cooperative undertaking to facilitate regular discussion to deepen ties between the Indian and the American business communities.  This will be a forum where emerging issues affecting bilateral trade may also be discussed Date 28/12/2014 4
  • 5. Date 28/12/2014 5  To ensure regularity in the conduct of the Dialogue, the Indian Department of Commerce and the U.S. Department of Commerce will maintain close contact with their private sector enterprises and business associations that are engaged in relevant activities to bring Indian and U.S. business representatives together.
  • 6. The Indian Department of Commerce and the U.S. Department of Commerce will communicate at the beginning of each year about, and agree upon at least one venue for conducting a public- private sector dialogue session.  The Indian Department of Commerce and the U.S Department of Commerce will then consult with the organizers of the meeting/event regarding their interest in having a Dialogue session associated with their programmed. Date 28/12/2014 6
  • 7. Date 06/15/2014 7  Within 90 days of the signing of these Terms of Reference, the Indian Department of Commerce and the U.S. Department of Commerce will consult and develop a plan and procedures to implement these Terms of Reference.  The undertakings of either India or the United States pursuant to these Terms of Reference are contingent upon the availability of funds and subject to the laws and regulations of India and the United States.
  • 8. The Commercial Dialogue will be reviewed after two years from the date of the signing of the Terms of Reference. Date 28/12/2014 8
  • 9.  To develop a schedule of meetings and activities for promotion of High Technology commerce  to take steps to remove systemic tariff and non-tariff barriers  to identify and generate awareness of market opportunities recognizing the importance of private sector in this Endeavour Date 28/12/2014 9
  • 10.  To create appropriate environment for successful High Technology commerce in partnership with private sector  To maintain regular information flow on the changes on respective export control laws, regulations and policies and establishment of mechanism for prompt discussion on any bilateral “dual use” export control issues.  Date 28/12/2014 10
  • 11.  Overview: The bilateral cooperation is now broad-based and multi-sectoral covering trade and investment, defense and security, education, science and technology, cyber security, high- technology, civil nuclear energy, space technology and applications, clean energy, environment, agriculture and health 28/12/2014 11
  • 12.  Trade and Economic:  Mutual Investments:  Energy:  Clean Energy:  Science & Technology (S&T):  Health Sector: 28/12/2014 12
  • 13.  From a modest $ 5.6 billion in 1990, the bilateral trade in merchandise goods has increased to $ 63.7 billion in 2013.  India's merchandise exports to the U.S. grew by 6.8% from $ 35.97 billion during the period January-October 2013 to $ 38.42 billion during the period January-October 2014. 28/12/2014 13
  • 14.  Major items of export from India to US  Textiles (15.7%)  Precious stones & metals (20.9%)  Mineral Fuel, Oil (10.9%)  Pharmaceutical products (10.8%) 28/12/2014 14
  • 15.  Organic chemicals (4.9%)  Machinery (4.9%)  Electrical Machinery (3%)  Lac, Gum, Resins (2.9%) 28/12/2014 15
  • 16.  Precious stones & metals (24.4%)  Aircraft, spacecraft, Parts (12%)  Machinery (9.8%)  Electrical machinery (6.5%)  Mineral Fuel, Oil etc (6.3%) 258/12/2014 16
  • 17.  Optical instruments & equipment (6%)  Organic chemicals (3.4%)  Plastic Products (3.2%) 28/12/2014 17
  • 18.  USA is a major investing country in India in terms of FDI approvals, actual inflows, and portfolio investment. US investments cover almost every sector in India, which is open for private participants.  Since 2000, the two countries have been making efforts to strengthen institutional structure of bilateral economic relations by means of the “India-US Economic Dialogue” that aims at deepening the Indo-American partnership through regular dialogue and engagement. 28/12/2014 18
  • 19.  U.S.-India Commercial Dialogue:  Smart Cities:  Digital India Initiative:  Infrastructure Collaboration Platform: 28/12/2014 19
  • 20.  Bilateral Shared Forum on Manufacturing:  Cross-Border Trade and Investment:  Financing Infrastructure Development:  Indo-U.S. Investment Initiative: 28/12/2014 20
  • 21.  5th Strategic Dialogue session was held in New Delhi in late July 2014. in part due to a global economic downturn that has dampened commercial activity.  On July 29, Secretary of State John Kerry and Secretary of Commerce Penny Pritzker traveled to New Delhi for the 5th U.S.-India Strategic Dialogue, where they met with newly-seated Indian Prime Minister Narendra Modi and External Affairs Minister Sushma Swaraj. 28/12/2014 21
  • 22.  In a joint statement, the two sides reviewed bilateral dialogues and working groups on issues ranging from science and technology to regional security and counterterrorism.  On July 10, new Indian Finance Minister Arun Jaitley presented a partial-year national budget in pursuing substantive new economic reforms pledge to raise foreign direct investment caps in the insurance and defense sectors up from 26% to 49%. 28/12/2014 22
  • 23.  India becoming the world’s third largest economy by 2030; in purchasing power parity terms.  Modi is widely viewed in Washington as being good for business, especially through efforts to create a more stable and tax-friendly investment climate. 28/12/2014 23
  • 24.  Modi faces a busy foreign policy schedule to include appearances at five multilateral summit meetings before year’s end: the BRICS (Brazil, Russia, India, China, South Africa) summit in July;  SAARC  China 28/12/2014 24
  • 25.  Japan  Iran  Pakistan 28/12/2014 25
  • 26.  Economic and Trade Issues  Security and Defense Issues  Human Rights Concerns 28/12/2014 26
  • 27.  India’s estimated growth in population more than 68 cities projected to have more than one million citizens by 2030 and urban area household income may be $4 trillion in 15 years make it a critical market for future U.S. exports. 28/12/2014 27