The board of directors of the Export-Import Bank, the official export-credit agency of the United States, has appointed Indian American entrepreneur and investor Frank F Islam, of McLean, Virginia, as a member of the Bank's Advisory Committee for 2010 to provide expert guidance of small business.
In a statement, the bank said Miasole, a solar-energy company in Santa Clara, California, has exported thin-film solar panels to a solar photovoltaic project in Rajasthan
An environmentalist group has applauded the Export Import Bank of the United States for its decision to not to finance Reliance's coal-fired power plant in Sasan in Madhya Pradesh on the grounds that it would emit too much carbon dioxide, thus detrimental to the environment.
The camaraderie between Modi and Obama has taken the India-US relationship to unprecedented and transformative levels.