The Strategist

U.S. and India sign investment agreement

05/24/2022 - 04:19

The Indian Foreign Ministry has announced that the government has struck an agreement with the United States to promote investment.

An agreement to stimulate investment has been inked between India and the United States. The Indian Foreign Ministry's spokesman, Arindam Bagchi, made the announcement.

Bagchi posted on Twitter, "India's Deputy Foreign Minister Vinay Kwatra and US International Development Finance Corporation CEO Scott Nathan sign the India-US Investment Incentive Agreement."

"Signing of the investment incentive agreement will strengthen the International Development Finance Corporation's investment support in India, consequently promoting investment in important areas," the ambassador said.