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Home Economy

EAM Sushma Swaraj to address USIBC

Fiinews by Fiinews
September 16, 2015
in Economy
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Vice President Joe Biden, Secretary of State John Kerry, Indian Minister of External Affairs Sushma Swaraj, and other high-ranking officials from both governments, along with captains of industry from both countries, will address the U.S.-India Business Council on the occasion of its 40th anniversary on September 21 in Washington, DC, to kick off the first U.S.-India Strategic and Commercial Dialogue.
“It’s a privilege for USIBC to host government and business leaders from both countries on the eve of the U.S.-India Strategic and Commercial Dialogue and on the occasion of the council’s 40th anniversary. The founding principle of the council four decades ago – which grew out of the vision of then-U.S. Secretary of State, Henry Kissinger – remains even more true today: the world’s largest democracies share a love of freedom and an entrepreneurial spirit that – if nurtured – can help realize the full potential of India-U.S. relations,” said USIBC Chairman and MasterCard President and CEO, Ajay Banga.
“The U.S. business relationship with India is one of the most valuable in the world, and we have seen great progress over the last 40 years,” said President of USIBC Mukesh Aghi.
“We are honored to welcome these distinguished speakers from both countries – from both public and private sectors – on the occasion of this milestone anniversary. This level of bilateral engagement and commitment to furthering trust and cooperation has been one of USIBC’s hallmarks for the past four decades and will be for decades more to come,” said Mr Aghi.
The government to government dialogue at this year’s summit will also include U.S. Secretary of Commerce Penny Pritzker, Minister of State for Commerce and Industry Nirmala Sitharaman, Minister of State with Independent Charge for Power, Coal and New & Renewable Energy Piyush Goyal.
The Council also honors business and government leaders for their commitment towards building a more inclusive global economy. This year’s honorees include CEO and Chairman of PepsiCo Indra Nooyi and Chairperson and Editorial Director of the Hindustan Times Group, Shobhana Bhartia.
Formed in 1975 at the request of the U.S. and Indian governments, the U.S.-India Business Council is the premier business advocacy organization, comprised of top-tier U.S. and Indian companies advancing U.S.-India commercial ties. USIBC is the largest bilateral trade association in the United States, with liaison presence in New York, Silicon Valley, and New Delhi.
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