The US-India Business Council has been commended in the US Congress for its key role in improving the business relationship between India and the United States.
“Mr Speaker, I rise to commend the work of the US-India Business Council. Founded in 1975, the primary mission of the USIBC is to strengthen bilateral investments and trade between our two great nations,” the Congressman, Mr Joe Wilson, said on the floor of the House of Representatives.
“America and India now share $50 billion in annual trade that mutually benefits both countries. Our two democracies, the world’s largest and the world’s oldest, have held joint military exercises, increased two-way tourism and have engaged in bilateral cooperation on many fronts, including the global war on terrorism,” Mr Wilson said.
The South Carolina Congressman also appreciated the role played by the USIBC President, Mr Ron Somers, in this regard.
“Thanks to the leadership of President Ron Somers, the USIBC, hosted by the US Chamber of Commerce, has grown to 400 member companies creating jobs in America. Indian businesses have invested billions across the nation, including Mittal steel in Georgetown, South Carolina,” he said.
For 36 years, USIBC has opened the doors for US businesses in India, creating jobs in both countries as strategic partners, Mr Wilson said.
The USIBC thanked Mr Wilson for recognising it in the Congress.
“Congressman Wilson is a strong supporter of USIBC, US-India relations and the Indian-American community,” said Mr Somers.
“USIBC is grateful to Congressman Wilson for his leadership and we will continue to advocate for American businesses working in India, such as Boeing and Lockheed Martin, both contenders for India’s Medium Multi-Role Combat Aircraft (MMRCA), and to ensure that American and Indian companies continue to succeed at developing a robust, two-way street of partnership and opportunity,” he added.
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