May21, 2017 (C) Ravinder Singh progressindia2015@gmail.com
There was nothing wrong in PM Boarding Special Flights to Tokyo in East to San Francisco in West within months. There was no place Under The Sun not visited by PM.
Almost Every state hosted GLOBAL INVESTOR FORUMS – signed over $2000b worth MoUs but there was no Progress on Ground.
EU and USA are biggest FREE MARKETS – India has little Scope of Exports to ASIAN Region. But in last three years EU and USA reports indicate NEGATIVE or ZERO Progress.
There is very little ‘Speculative Petroleum Trade’ with USA & EU. So nothing really worked.
https://www.census.gov/foreign-trade/balance/c5330.html
U.S. trade in goods with India in $ million
Year |
Exports |
Imports |
Balance |
1999 |
3,687.8 |
9,070.8 |
-5,383.0 |
2004 |
6,109.4 |
15,572.0 |
-9,462.7 |
2009 |
16,441.4 |
21,166.0 |
-4,724.6 |
2014 |
21,501.4 |
45,354.9 |
-23,853.6 |
2015 |
21,451.9 |
44,791.6 |
-23,339.8 |
2016 |
21,689.0 |
45,998.4 |
-24,309.5 |
EU-India trade in goods in Euro billion
Year |
Exports |
Imports |
Total Trade |
2006 |
24.0 |
22.3 |
46.3 |
2011 |
40.4 |
39.9 |
80.3 |
2014 |
35.5 |
37.0 |
72.5 |
2015 |
37.9 |
39.4 |
77.3 |
2016 |
37.2 |
39.2 |
77.0 |
https://www.census.gov/foreign-trade/Press-Release/current_press_release/exh20b.pdf
U.S. trade in Services with India in $ million
Year |
Exports |
Imports |
Balance |
2014 |
15,180 |
22,359 |
-7,179 |
2015 |
18,107 |
24,693 |
-6,585 |
2016 |
20,335 |
26,821 |
-6,486 |
Growth |
34% |
20% |
|
US Services Exports to India increased 34% in two years, Indian Exports to USA by 20%.
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, ND -110016, India. Ph: 091- 9871056471, 9718280435, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation,
Smart Cities, Water, Energy Saving, Agriculture, Manufacturing, Technologies and Projects