India, US mull bilateral investment agreement
• WASHINGTON: A bilateral investment agreement between India and the United States is expected to be discussed next month in Chicago when commerce minister Kamal Nath is scheduled to meet US Trade Representative Susan Schwab. "In the private sector, we are hopeful of moving forward to pursue and conclude a mutually beneficial agreement between India and the United States. India has negotiated many investment agreements with countries around the world," said ambassador Susan Esserman, former Deputy US Trade Representative. "Given the increased stature of our relationship, the incredible increased investment on both sides it would be the appropriate logical next step. And we in the private sector are very enthusiastic about this possibility," Esserman said at the US Chamber of Commerce.