Prime Minister of India Narendra Modi Visa Denial

Both Washington and New Delhi want to embrace the idea of BIT but so far they have not been able
to reach a common ground and gather political support. The enthusiasm of the United States in
entering a BIT with India can be sensed through a letter sent by the members Senate India Caucus,
U.S. Senate, urging the President Barack Obama to expedite the ongoing discussions about the treaty
between the U.S. and India. The letter, in pertinent part, states that: “Many countries have already
recognized and acted upon the incredible economic opportunities India presents. India has
completed investment agreements with 80 countries including all major European nations, ASEAN,
Japan and South Korea. In order to overcome the competitive disadvantage already facing American
companies in the Indian marketplace, it is imperative that the United States move forward quickly to
negotiate and conclude this treaty…”