U.S., India Announcing Trade Agreement In New Delhi

By: Associated Press Email
By: Associated Press Email

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Monday, July 20, 2009

U.S. Secretary of State Hillary Rodham Clinton and Indian Foreign Minister S.M. Krishna are announcing agreements to expand American access to key Indian markets.

Clinton said at a signing ceremony Monday that the deals reflect a strenthening of ties between the two nations.

One agreement designates two sites on which U.S. companies would have exclusive rights to sell civilian nuclear power reactors. That could be worth an estimated $10 billion in U.S. sales. The other deal is designed to allow the U.S. to ensure that technology in sensitive American defense items purchased by India are not transferred to third countries.

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