Legal experts from US, India to discuss bilateral trade ties

Source: The Economic Times|Feb 16, 2016

WASHINGTON: Legal experts from the US and India will discuss key issues including the Bilateral Investment Treaty to encourage American investments in the country during a three-day forum in New Delhi.

American Bar Association President Paulette Brown would be the chief guest at the India-US Cross Border Investment Forum in New Delhi beginning tomorrow.

The meeting aims at discussing key issues relating to the India-US trade agreement including the Bilateral Investment Treaty (BIT) to encourage American investments in the Indian market, a statement issued yesterday said.

“The Conference and the panels are well-designed and timely. I have no doubt it will be a critical venue for advancing India-US deal-making in general and New Delhi’s stature and positioning in that space in particular,” Brown said in a statement.
Being organised by the Society of Indian Law Firms, the meeting is also expected to be addressed by US Ambassador to India Richard Verma, former union ministers Salman Khurshid and Kapil Sibal, Senior Counsel Fali Nariman, president Emeritus Bar Association of India and P K Malhotra, secretary Ministry of Law and Justice, a statement said.

“The growing cooperation between the legal professions of the US and India (nearly 2.5 million lawyers) augurs well for development of trade and commerce. Legal support is most vital for economic coordination and that is what precisely this conference hopes to provide,” Co-chair of the conference and President of Society of Indian Law Firms Lalit Bhasin said.
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