TDA - Advancing the Follow-Up to President Clinton's India Visit

India -- it is a country that is clearly on the move. With its growing population and robust economy, there are compelling reasons for U.S. businesses to be watching this hot South Asian market. President Clinton's March visit elevated India's position in the global economic order and highlighted vast commercial opportunities for projects in some of TDA's most active sectors.
The United States is India's largest trading partner but exports to the country have lagged considerably. Economic reforms have propelled India to one of ten fastest growing economies in the world. Growth predictions for the near future are more than six percent. Inflation is low; the rupee is strong. American businesses might now be wondering, "Where do we go from here?"

SPECIAL EDITION 2000
Headlines:

· Ex-Im Rupee Guarantees

· AID's "SARI" Initiative

· Commerce's Presence in India

· TDA Joins Forces with FEMA, the FAA and the FRA

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U.S. Ambassadors Play a Key Role in TDA's South Asia Efforts

Three of his colleagues joined host U.S. Ambassador Ralph Frank at TDA's "Energy South Asia" conference in Kathmandu held two weeks before President Clinton's visit to the region. U.S. Ambassador to India Richard Celeste (pictured at left) moderated the all-important project finance panel while Ambassador to Sri Lanka and Maldives Shaun Donnelly and Ambassador to Bangladesh John Holzman similarly led the delegation from their assigned countries and participated substantively in the program. Ambassador to Pakistan William Milam was planning to attend but had to remain at post given the decision to include a stop in Islamabad on the President's agenda.

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