|FOR IMMEDIATE RELEASE
June 24, 2013
Anna Humphrey | (703) 875-4357
USTDA CONCLUDES PARTICIPATION IN U.S.-INDIA STRATEGIC DIALOGUE
Highlights Achievements and Announces New Commitments to Advance Bilateral Cooperation
NEW DELHI, INDIA – Today, USTDA Director Leocadia I. Zak participated in the U.S.-India Strategic Dialogue in New Delhi, India. During the Strategic Dialogue, USTDA highlighted the breadth of its engagement in the Indian market and the tangible outcomes that are being achieved -- from expanding economic development in India to increasing exports of goods and services from the United States to meet India's needs.
The key drivers of USTDA's collaboration with the Indian government and private sector remain the successful U.S.-India Energy and Aviation Cooperation Programs. The Cooperation Programs represent the long-term commitment of both countries' public and private sectors to advancing India's development priorities while positioning U.S. firms to help implement India's infrastructure development plans.
During the Strategic Dialogue, Director Zak announced USTDA's continued support for closer cooperation in the aviation industry through a grant to the Airports Authority of India (AAI) for a Performance Based Navigation Project to assist India in adopting technology to increase aviation airspace capacity and energy efficiency. The assistance will demonstrate how performance-based navigation procedures can be developed, certified and implemented within India's aviation environment. The procedure design process will be undertaken with AAI, in coordination with the Directorate General of Civil Aviation, and piloted by airline operators at airports in Mangalore, Guwahati and Bangalore, India. This project will be undertaken by Naverus, a GE subsidiary.
Director Zak also announced a Technical, Management, and Operational Development Training Program with the Directorate General of Civil Aviation. The program will offer industry-based training to assist India in developing regulatory and safety capacities. U.S. companies Hi-Tec, Pratt and Whitney, Honeywell, and Universal Weather and Aviation have committed to support the program and will provide training on a range of new technologies and practices being adopted in international aviation.
"By engaging with our partners in cooperative programs like these, USTDA leverages the expertise of the U.S. private sector to support India's infrastructure development priorities," stated Director Zak. "We look forward to continuing to work with our partners in India and the U.S. private sector on activities that develop the energy and aviation sectors in India, and that foster commercial cooperation between our two countries."
At the close of the Strategic Dialogue, USTDA concluded two energy sector grants, and witnessed a contract signing with Indian stakeholders (see Fact Sheet). These programs respond directly to U.S. industry interest in India's energy sector, and provide the Indian partners with leading U.S. expertise to help advance their future infrastructure development plans.
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The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority development projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project planning activities, pilot projects, and reverse trade missions while creating sustainable infrastructure and economic growth in partner countries.
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