NEW DELHI (Reuters) - U.S. President Barack Obama on Monday announced $4 billion in government-backed investments and lending to India, as he sought to scale up a trade relationship he said was "defined by so much untapped potential".
At a CEO summit hosted by Prime Minister Narendra Modi in New Delhi, Obama said that U.S. Export-Import Bank would finance $1 billion in exports of 'Made-in-America' products.
The Overseas Private Investment Corporation will lend $1 billion to small- and medium-sized enterprises in underserved rural areas of India.
Another $2 billion will be committed by the U.S. Trade and Development Agency for renewable energy, Obama said in a speech.
(Reporting by Douglas Busvine and Krista Mahr; Editing by Frank Jack Daniel)
Relacionados
- La actual coordinadora de EM-EU, Àgueda Tur, cabeza de lista de la formación al Ayuntamiento de Maó
- La Comisión Coordinadora del Convenio Económico refrenda la resolución del conflicto sobre IVA de Volkswagen
- Economía.- La Comisión Coordinadora del Convenio Económico refrenda la resolución del conflicto sobre IVA de Volkswagen
- La Comisión Coordinadora del Convenio Económico refrenda la resolución del conflicto sobre el IVA de Volkswagen
- Pelegrí defiende la coordinadora de investigación Inia como motor del desarrollo rural
