The U.S.-India Business Council (USIBC) will launch an Executive Mission to India to participate in the 6th U.S.-India High Technology Cooperation Group (HTCG) to be held in New Delhi on February 28-29, 2008.
The HTCG follows the 2nd Annual Global Forum on Innovation, Creativity, and Intellectual Property, slated to be held in Mumbai on February 26-27, 2008.
USIBC, together with its partners in India - the Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (FICCI) - will convene business-to-business deliberations covering all aspects of high technology trade and investment in the fields of Life Sciences, Defense Trade, and Information Technology.
During the private sector dialogue, participants will formulate recommendations which form the basis of U.S.-Indian inter-governmental negotiations the following day.
It may be recalled that the U.S.–India High Technology Cooperation Group (HTCG) was conceived in November 2001 by President George W. Bush and then-Prime Minister Atal Bihari Vajpayee, who affirmed their commitment to transform and deepen U.S.–India relations by expanding high technology trade.
Each country agreed to take cooperative steps to create the requisite political, economic, and legal structures to facilitate successful high-technology trade and commerce.
“We look forward to contributing to this historic dialogue by providing the private sector viewpoint – with an aim to accelerate the strategic partnership between these two dynamic economies,” said Ron Somers, President of the U.S.-India Business Council.