"We believe this visit will pave the way for expanding and deepening the wide-ranging cooperation between our two democracies. Indian businesses hope this visit could lay the ground for resolution of outstanding issues in a constructive manner," Ficci President Sidharth Birla said today.
"It will be a good time to discuss long pending issues such as regulatory ones with Indian Pharma & Food companies, impact of immigration reforms on Indian IT industry, downgrading of India safety ranking in aviation and other key impediments to strategic cooperation between India and the US," he added.
The invitation for the meeting came during the congratulatory call to Modi by Obama after the Lok Sabha election results were out.
It is understood that Washington has proposed September 30 as the date for the meeting but the Indian side is looking at clubbing the bilateral meeting with Modi's visit to the US for the United Nations General Assembly around September 26.