make outsourcing a course of my visit. i specifically said in my address in mumbai to the business council that i think both countries are operating on some stereotypes that have outlived their usefulness. what i ve seen is that our countries are matched up in a way that allows for enormous win-win potential. in his speech to parliament, the president will also announce the end of some u.s. export restrictions on civilian space and defense technology that have existed pretty much since the cold war. dana, guys, back to you. thanks a lot, wendell. a lot happening in india as the president embarks on that trip and it allows us to keep us in the time zone. young asian man, you ve seen this, who boarded a flight to canada was disguised as an elderly white man. he was expected to appear before
it s not blame. it did not own union carbide at the time of the leak. bill: the president is wrapping up his trip in india and three days there and moving on further to southeast asia and leaves the country s parliament after a speech, announcing a major shift in u.s. policy. saying he supports india and s bid for a permanent seat on the u.s. security council. a move that could be met with huge opposition. a white house correspondent wendell goler traveling with the president, now, live, where it is evening in new delhi, india and. hello. hello, bill. india is only the second country the u.s. has proposed to become a member of the u.n. security council, japan was the first. in that speech, to india and s parliament, the president also called on pakistan to bring to justice those behind the 2008 terrorist attacks in mumbai. and, he announced the end of u.s. export restrictions on civilian space and defense technology to india and, restrictions that have existed
company is going to have a u.s. chosen compliance team right there making sure that they are following export restrictions from the united states. there s a big fine here as well. $1 billion penalty for zte, $400 million has to go into he is kroe in case there are any violations to be a preventive measure that compliance team imbedded as zte to make sure they re not violating sanctions and within the next 30 days the board must completely change an entirely new executive team be appointed here. this company makes smartphones has become a flash point in the overall china trade debate. it was just a few weeks ago really that the white house and the commerce department said that they were not going to allow u.s. companies to sell parts to zte any more because of its bad behavior and lying about breaking sanctions. then the president backtracked
since last summer. the unprecedented drought. so what often happens is that when a significant part of the domestic crop is affected, often countries think about their own needs first and often it s for the just russia, but many other countries in the past havism opposed these restrictions as a wave trying to rein in their own domestic prices.eism opposed these restrictions as a wave trying to rein in their own domestic prices. ism opposed these restrictions as a wave trying to rein in their own domestic prices.m opposed these restrictions as a wave trying to rein in their own domestic prices.imopposed these a wave trying to rein in their own domestic prices.pposed thesa wave trying to rein in their own domestic prices.osed these rest wave trying to rein in their own domestic prices.osed these rest wave trying to rein in their own domestic prices.posed these res wave trying to rein in their own domestic prices. they think of the world markets as the next step. one could collectively wo
in poor countries, as much as 70% of household expenditures are spent on food. so you can just imagine what this sort of increase in prices causes. so it s essential that those poor people are protected by scaling up some of these programs. secretarily, it s fundamental that trade flows freely and there are no export restrictions that which are placed on%y of these commodities and because we know that export bans have a way of driving up these prices. stop there for a second. it s been discussed and recently advanced russia is banning the export of wheat from their country, for instance. why would a country like russia make a decision to ban exports of something as fundamental as wheat when last i checked they were the second largest supplier? they had a massive drought