U.S.-India Business Council Applauds Congressional Agreement to Expand Defense Cooperation between the U.S. and India
Tuesday, July 24, 2018
WASHINGTON, D.C.—U.S.-India Business Council President Nisha Biswal today released the following statement in support of provisions included in the 2019 National Defense Authorization Act (NDAA) Conference Report that support efforts to protect and expand defense cooperation between the U.S. and India:
“India continues to remain an important trading partner for U.S. businesses and a security partner for our military. The provisions included in this year’s NDAA legislation support this bilateral relationship and lay the foundation to strengthen defense ties between our two nations.
“The U.S.-India defense partnership is one of our fastest growing security relationships, with India now conducting more joint military exercises with the United States than with any other country. U.S.-India defense trade has also risen over the past decade – to more than $15 billion today – and overtaking India’s procurements with other partners.
“At a time when India is focusing on growing defense ties with the U.S., we applaud bipartisan support in Congress for also focusing on protecting this strategic partnership, ensuring it is preserved and strengthened.”
Biswal previously wrote in support of strengthening the U.S.-India defense relationship.
Formed in 1975 at the request of the U.S. and Indian governments, the U.S.-India Business Council is the premier business advocacy organization, comprised of 350 top-tier U.S. and Indian companies advancing U.S.-India commercial ties. USIBC is the largest bilateral trade association in the United States, based in Washington, D.C., with a global presence in New York, San Francisco, New Delhi, and Mumbai.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations. Its International Affairs division includes more than 80 regional and policy experts and 25 country- and region-specific business councils and initiatives. The U.S. Chamber also works closely with 117 American Chambers of Commerce abroad.
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