Obama Speaks At India-US Business Summit
1,321 views · Published 26 January 2015 · 18:56 · Indexed 20 September 2026
Channel: The Uptake by Bridgemakers · 2015 · News & Politics
President Obama speaks at the India-US Business Summit in New Delhi, India Key quote: Today, I’m proud to announce additional steps -- a series of U.S. initiatives that will generate more than $4 billion in trade and investment with India and support thousands of jobs in both of our countries. Specifically, over the next two years, our Export-Import Bank will commit up to $1 billion in financing to support “Made-in-America” exports to India. (Applause.) And OPIC will support lending to small and medium businesses across India that we anticipate will ultimately result in more than $1 billion in loans in underserved rural and urban markets. And our U.S. Trade and Development Agency will aim to leverage nearly $2 billion in investments in renewable energy in India.
