obama in mumbai | obama visit | obama in india

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obama in mumbai | obama visit | obama in india

President barack obama says farther opening india’s markets to u. S. Exports is important to job growth in the united states, and to economical advancement for both countries. Mr. Obama spoke to american and indian business executives on the original day of a three-day visit to beef up economical, political and security ties with india, as part of a 10-day asian tour.

Mr. Obama met with indian and u. S. Business entrepreneurs, and participated in a roundtable with u. S. Executives accumulated here as part one of the biggest-ever alien business missions ever undertaken.

In comments to a business summit methodical by the u. S. – india business council, the president described the u. S. – india kinship as one of the defining partnerships of the 21st century.

“the united states sees asia, and particularly india, as a market of the future,” he said. “we don’t plainly welcome your rise as a nation and a people, we ardently help it. We want to invest in it. And i’m here because i believe that in our bury-connected world, increased commerce amongst the u. S and india can be and are going to be a win-win proposition for both nations. “

Nearly simultaneously, the white house released a list of business deals worth about $15 billion, described as having been finalized or in the routine of being completed, which it said help more than 53,000 jobs in the u. S.

These include preliminary agreement for india’s purchase of 10 boeing c-17 military transport aircraft, a $2. 7 billion purchase of 30 boeing 737-800 passenger jets, and an $822 million deal with general electric to supply engines for indian light combat aircraft.

Also on the list – a deal for general electric to supply modern gas and steam turbines for power generation in india, and the issuing of u. S-fictitious locomotives to india.

In an expected even though significant move, president obama also announced an easing of u. S. Controls on exports to india, saying washington will help india’s full membership in four multilateral non-proliferation groups, including the nuclear providers group and the missile engineering science control regime.

Deputy national security adviser for global economical affairs, mike froman, told reporters india consorted to adopt the necessaries of all four groups. Three of four indian space and defense organizations would be got rid of from a u. S. List of restricted entities.

Earlier, the president and his wife, michelle viewed a marble memorial to victims of the november 26th, 2008 terrorist attacks that killed 166 people, and signed a guest book at the web-site.

On the roof of the hotel, overlooking the historic gateway of india, mr. Obama said the taj and those who died there became the symbol of the strength and resilience of the indian people. Mr. Obama said his visit will have to send a clear message.

“we visit here to send a really clear message, that in our determination to give our people a future of security and prosperity, the united states and india stand unified,” he said.

In comments to media on saturday, a group of u. S. Executives said they hope the president’s visit will farther open the indian market to american businesses.

Dave cote, chairman and ceo of honeywell, inc. , was one of those responding to reporters asking how increased u. S. Sales in india will give rise to jobs in the united states.

“we tend to look at this as a zero sum game, that whether or not we are growing here [in india] that means that something is not happening there. That’s not the case. Economics is not a zero-sum game. So we end up growing everyplace and as you grow everyplace you commence to add jobs,” he said.

Tight security is in strength in mumbai, and in new delhi, president obama’s next stop on sunday.

Mr. Obama will also visit indonesia, and attend the regional economical summits of the g20 and apec (asia pacific economical cooperation) in seoul, south korea and yokohama, japan.