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Full page fax print - Indo-American Chamber Of Commerce

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<strong>Chamber</strong> News<br />

Opening the proceedings of the Annual Day 2010,<br />

Varanasi Chairman Vinay Kumar described the occasion<br />

as historical and welcomed Ambassador Roemer. Kumar<br />

also welcomed other officials from the US Embassy and<br />

hoped that their visit would boost exports of hand-made<br />

carpets and other products from this region.<br />

In his speech, Lall pointed out that the visit coincides with<br />

the intention of both the countries to engage themselves<br />

in diverse trade, investment and technology areas to take<br />

the relationship to a higher orbit of growth. The US<br />

Ambassador's visit to Varanasi was a testimony to the<br />

importance of the city as a spiritual and commercial<br />

centre of India, said, adding that it would inspire more<br />

visits by the US citizens to the city to imbibe the cultural,<br />

historical and intellectual legacy but also enhance their<br />

participation in commercial activities of the region.<br />

Professor (Ms.) Vidula Jaiswal, Banaras Hindu University,<br />

commented briefly on cultural heritage of Varanasi and<br />

Past Chairman of IACC, Varanasi Anurag Chandra<br />

presented brief bio-data of the Ambassador.<br />

Ambassador Roemer spoke briefly on the topic, “<strong>Indo</strong>-US<br />

Relations: Future Prospects. He pointed out that merely<br />

15 years ago India was at the 25th place on list of<br />

countries which traded with the US. It had moved<br />

upwards to the 14th place at present. However, at present<br />

terrorism has emerged as a serious threat to the<br />

development to trade and commerce and that was why<br />

America had joined hands with India to face this problem<br />

effectively, he said.<br />

the people of both the countries, Ambassador Roemer<br />

added.<br />

He said that both countries are working on green<br />

economy and joint efforts are being made to create<br />

research opportunities and develop technology that can<br />

slow down the pace of climate change. He lauded the<br />

vision of the people who formed IACC in 1968 a<br />

laughable initiative at that time, as no commercial activity<br />

existed between the two countries. “But the idea of IACC<br />

was futuristic and today India has become the 14th<br />

largest trade partner of the US,” Ambassador Roemer<br />

said.<br />

At the end of his address, Ambassador Roemer took<br />

questions from the audience, which related to education,<br />

industry, US. VISA norms, <strong>American</strong> investment and<br />

cultural exchanges.<br />

Past Chairman of Varanasi Ashok Kapoor, Convener of<br />

the programme, proposed a vote of thanks. The<br />

proceedings of the event were conducted by Ms. Anita<br />

Dey.<br />

Senior members of Varanasi present on the occasion<br />

included Tanmaya Deva, Puneet Raman, Debashis<br />

Mukherjee, R.K. Goel, Subrato Paul, Ahsan Khan, R.C.<br />

Jain, Kailash Naraian Baranwal, R.K. Bothra, V.G. Unni,<br />

Lal Chand Maurya, Shyam Dhar Maurya, Arun Kumar<br />

Agrawal, Ashwani Kumar, Sahil Garg, Aiklavya Singh,<br />

Vinay Shukla, Rajendra Tandon and Chandra Shekher<br />

Mishra.<br />

<br />

Ambassador Roemer stressed the importance of small,<br />

medium-scale industries,<br />

pointing out the<br />

potential that this<br />

sector held for<br />

p r o v i d i n g<br />

employment<br />

opportunities. He<br />

backed the US-India<br />

Civilian Nuclear<br />

Agreement saying that<br />

it offered mutual<br />

benefits. All Indians<br />

would have access to<br />

affordable energy<br />

while employment and<br />

e c o n o m i c<br />

opportunities would<br />

also be generated for<br />

INDO-US BUSINESS SPECIAL ISSUE<br />

85

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