USIBC applauds Froman's nomination for US Trade Representative

Image
Press Trust of India Washington
Last Updated : May 03 2013 | 5:00 AM IST
The US-India Business Council (USIBC) which represents the American companies in India has welcomed the nomination of Deputy National Security Advisor Mike Froman as the United States Trade Representative.
"Mike Froman has played a vital role in the US-India trade and commercial relationship as the US Government's chair of the US-India CEO Forum, and US 'Sherpa' for the G20," said USIBC president Ron Somers yesterday.
Somers added that there is no individual better qualified to fill this important position at this crucial time than Forman.
He has a major hand in planning President Barack Obama's historic visit to India in November 2010.
Forman has played a key role in trade and business relationship between the two countries, as a result of which it has now crossed USD100 billion for the first time.
"USIBC has underwritten a study for an Economic Cooperation Arrangement between the two countries to explore the contours for a potential free trade agreement between the United States and India, the world's largest free-market democracies," he said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 03 2013 | 5:00 AM IST

Next Story