With the negotiations for proposed bilateral investment treaty underway, the US India Business Council has launched the Coalition for Jobs and Growth to ensure the critical agreement is complete and ratified.
Announced at a USIBC briefing with US-BIT negotiators, the coalition would leverage the collective strength of industry, academic experts and the Indian American community to make sure this critical agreement is completed and ratified, a media release said.
"To be Co-Chaired by Ambassador Susan Esserman, the Coalition for Jobs and Growth would serve as the organising body to provide input to US negotiators and to promote support and understanding of the importance of a US-India BIT and its ultimate ratification by the US Senate," the USIBC said.
A member of USIBC's Board of Directors, Esserman is former Deputy US Trade Representative and currently partner at Steptoe and Johnson.
The Coalition would continue the work begun by USIBC's Trade and Investment Initiative in 2007.
USIBC had then first advocated for a bilateral investment treaty and succeeded in placing the BIT on bilateral agenda when the two countries announced BIT negotiations in 2008.