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Showing posts from September, 2014

Growing the India-U.S. Trade and Investment Relationship

In this India-U.S. Policy Memo, Joshua Meltzer outlines the state of India-U.S. trade and investment relations. He emphasizes that, despite the impressive growth in the economic relationship, there remains significant room for improvement. He offers recommendations on how to enhance these ties. There are significant opportunities for India and the U.S. to deepen the bilateral trade and investment relationship. While the economic relationship has seen impressive growth over the last 10 years, this has been off a low base and there remains significant room for improvement. For instance, U.S. goods trade with China, a country with a comparable population, was over $560 billion in 2013—almost nine times U.S. trade with India. Another instance: South Korea, a country whose GDP is 60 percent that of India’s, in 2013 had a similar level of goods trade with the U.S. as did India. Indian barriers to trade and investment, including lack of intellectual property protection and enforcement, conti…