NEW DELHI (Reuters) - General Electric Co Chairman Jeff Immelt said more jobs are likely to move overseas from the U.S. unless its government changes policy on its Export-Import Bank.
Immelt has been campaigning to revive the U.S. government's export credit agency, EXIM Bank, after its authorisation expired at the end of June, blocking the bank from writing new loans and trade guarantees.
Separately, Immelt said he was not willing to invest in India's nuclear energy industry unless there was an agreement on "common language" on the nuclear liability law.
(Reporting By Frank Jack Daniel; Writing by Andrew MacAskill; Editing by Malini Menon)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
