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Uptake Video: Obama Speaks at India-US Business Summit

 
President Obama speaks at the India-US Business Summit in New Delhi, India Key quote: Today, I’m proud to announce additional steps -- a series of U.S. initiatives that will generate more than $4 billion in trade and investment with India and support thousands of jobs in both of our countries. Specifically, over the next two years, our Export-Import Bank will commit up to $1 billion in financing to support “Made-in-America” exports to India. (Applause.) And OPIC will support lending to small and medium businesses across India that we anticipate will ultimately result in more than $1 billion in loans in underserved rural and urban markets. And our U.S. Trade and Development Agency will aim to leverage nearly $2 billion in investments in renewable energy in India.
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