Blackwill Says Trade Disparity Worrisome

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Our Banking Bureau BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:52 AM IST

The growing trade imbalance between the US and India, especially the underlying market access asymmetries, is a cause for concern, according to outgoing US Ambassador to India Robert Blackwill.

The two-way trade between the US and India, in 2002 aggregated $15 billion. Of this,

Indian exports to the US at $11.7 billion, was three times more than the US exports to India.

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First Published: May 29 2003 | 12:00 AM IST