Infrastructure Trade Mission to India Slated for March
Secretary of Commerce John Bryson will lead a senior-level infrastructure business development trade mission to India March 25-30, 2012. The focus of the mission is to promote U.S. exports to India and discuss trade policy issues with respect to India’s goal of investing $1 trillion in infrastructure development during the next five years. The mission will recruit companies from the following sectors: project management and engineering services (including architecture and design), transportation (including road/highways, rail, airports and intelligent transportation systems), and energy (including distribution, transmission and smart grid).
According to the Department of Commerce, the rapid growth of the Indian economy (averaging 8% over the past 10 years) has created a pressing need for infrastructure development and the country needs significant outside expertise to meet its ambitious targets. U.S. industry is well-qualified to supply the kinds of architectural, design and engineering services and project management skills needed to successfully tackle major projects. U.S. technologies are also well-positioned to rationalize energy use and production to support new industrial zones as they are built in this chronically energy deficit country.
Approximately 20-25 companies will be selected to participate in this mission. Each applicant must submit by Jan. 25, 2012, a completed and signed mission application and supplemental application materials, including adequate information on its products and/or services, primary market objectives and goals for participation. Each applicant must also certify that (a) the products and services it seeks to export through the mission are either produced in the United States or, if not, marketed under the name of a U.S. firm and have at least 51% U.S. content, (b) the export of the products and services it wishes to export through the mission would be in compliance with U.S. export controls and regulations, (c) it has identified to DOC for its evaluation any business pending before the department that may present the appearance of a conflict of interest, and (d) it has identified any pending litigation (including any administrative proceedings) to which it is a party that involves DOC. Applicants must also sign and submit an agreement that they and their affiliates have not and will not engage in the bribery of foreign officials in connection with their involvement in this mission and maintain and enforce a policy that prohibits the bribery of foreign officials.