Hi-tech trade with India to grow: US

[OhioChick]

Source: Economic Times India

28 Feb, 2008, 1844 hrs IST

NEW DELHI: The US on Thursday said despite its restrictive export regime, high technology trade with India will continue to grow regardless of the fate of the nuclear deal.

"I am not making a hard connection between the nuclear deal and high technology trade. We are looking actively, constructively at expanding high technology trade with India," US Undersecretary for Commerce and Industry and Security Mario Mancuso told reporters here.

"We believe the civil nuclear deal is very important for the US and is in India's interests. (If the deal is completed), it will underscore the trust and depth of the relationship," he replied when asked if the nuclear deal was linked with the expansion of high technology trade with India.

"The civil nuclear deal is different. I would disaggregate 0.2 per cent of high technology trade that is restricted to India from the nuclear deal," he said.



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