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FOR IMMEDIATE RELEASE

Contact: Curt Cultice, 202-482-3809
Friday, October 06, 2000

UNITED STATES AND INDIA ANNOUNCE
PRIVATE-SECTOR LED, E-COMMERCE PROGRAM

New Delhi, India - The United States and India announced today a set of programs that increases cooperation between U.S. and Indian public and private sectors to promote e-commerce between our two countries. These programs were developed in close consultation with the U.S. and Indian business communities, and are an out-growth of the U.S.-India Commercial Dialogue.

"We are working with the Indian government and the private sector to empower more Indian and American citizens through their connection to the Internet," Assistant Secretary Michael Copps said. "Small and medium-sized businesses, in particular, can benefit from valuable opportunities for education, government, health care services, and communication available via the Internet."

Specifically, elements of the expanded cooperation are expected to include:-

Getting Connected: Increasing awareness of the benefits of e-commerce through:

Orientation visits focused on policy and technology topics such as e-commerce, e-government, and e-banking.

Seminars offering small business the opportunity to assess their technology needs and implement solutions using interactive diagnostic software.

Series of video conferences and briefings between key U.S. and Indian government, legislators, and private sector representatives, drawing on U.S. and Indian experiences in the new economy and other topics identified by the business community such as venture capital, start-ups, and distribution.

Small Business Program: In partnership with the private sector the two governments will hold a series of seminars focusing on how to do business using e-commerce. Special emphasis will be given to the legal, financial, regulatory, and logistical issues related to bilateral trade and various tools, techniques, and strategies for using the Internet and e-commerce to participate in international trade.

Telecom/Information Technologies Matchmaker Trade Delegation: Plan a trade mission to identify and match U.S. companies with potential Indian business partners in the IT and telecom industries.

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