Deepening US-India Trade Relations, Testimony before the House Ways and Means Subcommittee on Trade

Arvind Subramanian testified before the Ways and Means Committee of the United States Congres hearing on US-India trade relations on March 13, 2013.

From Subramanian’s testimony:

“[T]here is merit in initiating deeper bilateral trade integration between India and the United States as a framework for giving recognition to the broader strategic imperative of closer cooperation between the two countries, for pursuing further liberalization in both countries and for reversing the discrimination that each is inflicting on the other. But this framework must also be used for re-vitalizing the multilateral trading system and the WTO by moving beyond the Doha Round and giving consideration to a broader “China Round.” A re-vitalized multilateral system remains the best way of dealing with the rise of China and ensuring that it pursues transparent, rules-based, and non-discriminatory policies.”