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| US Business Questions PM Modi's |
| US Business Questions PM Modi's Reform Credentials Ahead of Visit
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| INDIA
, 26-September-2014
7:10:55 AM |
| The US business lobby on Thursday questioned the reformist credentials of Prime Minister Narendra Modi on the eve of his visit to the United States in which he will encourage investment and declare India open for business.
The U.S. Chamber of Commerce and 15 other US business associations representing sectors ranging from agriculture to movie making, pharmaceuticals and telecoms, called on President Barack Obama to press Mr Modi to remove barriers to fair trade when the two leaders meet in Washington on Monday and Tuesday.
"Since taking office, Prime Minister Modi has declared India 'open for business' and promised to incentivize investment and 'give the world a favorable opportunity to trade with and produce in India,'" the Alliance for Fair Trade with India said in a letter to Mr Obama.
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"Thus far, however, the new Indian government has produced troubling policies of its own," the group said, adding: "These actions send perplexing and contradictory new signals about India's role in the global marketplace."
There was no immediate comment from the Indian embassy in Washington on the letter from the U.S. business lobby.
Mr Modi is due to arrive in the United States on Friday for his first visit as prime minister and has meetings scheduled with 17 U.S. corporate chiefs including those of Google, IBM, GE, Goldman Sachs and Boeing.
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