‘FDI decision won’t impact Indo-US ties’

PTI Updated - December 07, 2011 at 07:04 PM.

Government’s decision to keep FDI in retail on hold will not impact Indo-US relationship, a senior US envoy said on Wednesday.

“This is in an internal issue and an issue of the Indian society. The Indo-US relationship is vibrant, strategic and long term. No single decision will impact the relationship,” the newly appointed US Consul-General in Kolkata, Mr Dean Thompson, told members of the Bengal National Chamber of Commerce and Industry.

US-based retail major Walmart was among other retail chains who are eyeing the Indian USD 400 billion retail market.

Thomson said next year a few US delegations would be coming to India to forge greater trade ties.

Published on December 7, 2011 13:34