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16 September 2014,

Need to boost India, US bilateral trade to $1 trillion: Thinktank

The Economic Times carried a report by the Press Trust of India highlighting how a report by Gateway House titled The India-U.S. Partnership: $1 Trillion by 2030 can be used as a roadmap to bridge the gap between business and foreign policy.

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WASHINGTON: Ahead of the meeting between Prime Minister Narendra Modi and US President Barack Obama later this month, an eminent Indian think-tank today said the two nations need to take steps to increase their bilateral trade to $ 1 trillion by 2030. The paper titled The India-US Partnership: $1 Trillion by 2030, by Mumbai-based Gateway House, released here argues that to elevate the bilateral trade from $ 120 billion in 2013 to $1 trillion in 2030, the two countries need to adopt a different path for its bilateral trade.

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