Sixth Indo-US Economic Summit on Feb 16-17

Corporates and policy makers from India and USA would meet in the capital on February 16 and 17 at the Sixth Indo-US Economic Summit to discuss the current economic engagement between the two countries and to strengthen the relationship.

The summit would be organised by the Indo-American Chamber of Commerce.

"Besides the regular features like trade and commerce, this year's summit stands out for innovative strategies," summit chairman Lalit Bhasin said at a press conference.

The summit's focus would be on the services sector, particularly export of services from India, he added.

Asked whether US President Barack Obama's comment that it is time to end tax breaks to American firms that farm out jobs overseas would affect relationship between the two countries, he said, 'market forces would play a big role in it'.

Bhasin added that a panel discussion would also take place on the synergies among India, China, and the US partnership for global development.

About 300 delegates are expected to attend the event.

The Union HRD minister Kapil Sibal, Union minister of new and renewable energy Farooq Abdullah, deputy chief of mission of the US embassy Steven J White and the National Aviation Company of India Ltd chairman Arvind Jadhav among other dignitaries are expected to attend the meet.