US calls for expanding trade ties with India


(MENAFN) US Secretary of State John Kerry has called for a rapid expansion of US-India trade and commercial ties as he attended an international investment conference, Arab News reported.

The US Secretary led the US delegation to the investment summit in Ahmedabad, the main financial city in Indian Prime Minister Modi's home state of Gujarat.

Commerce and investment between the US and India have jumped in recent years, growing nearly five-fold since 2000 with bilateral direct investment at almost USD30 billion.

US officials said they were working on agreements that could include a solar energy deal, a plan to improve rural electrification and potentially a carbon reduction pact.


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