arvind panagariya, professor of indian political economy at columbia university. as well as a nonresident senior fellow working institution. he has also worked for the asian development bank, world bank, imf, injuries capacities. he has also published extensively including a recent book i-india, the emerging giant. my colleague claude barfield is a resident scholar here at aei. is the author or editor of a number of books on trade and science policy. and has also served as an advisor to the office of the u.s. trade representative. our format will follow the one of the prior panel. each panelist will present eight to 10 minute remarks. we will then open up the floor for questions. so with that, i will turn the discussion over to susan. >> thank you and good morning, everyone. several factors provide a stronger foundation for u.s.-india cooperation today on bilateral and multilateral trade and economic issues than has been the case in the past. first the implications of the recent indian election your second, the extent of ties between u.s. and indian business today

one, i would like to pick up on some of the themes that susan and arvind panagariya talk about aboutthe trade policy of the obama administration and tie that to something we haven't talked about and that is the united states india regionalism and end up with questions about india's ability to participate either the fda or the regional agreement. so let me start with the trade policy of the obama administration anti-finally to india, but not sort of specifically at the beginning. in an earlier session we had on trade policy here, i mentioned that a colleague of mine at the kennedy school first couple of months of the obama administration, i think this is true today, are still today described mr. obama or the obama administration, the president as a passive free trader and his point was that the president was willing to intervene against the most egregious potential or actual island he upgrade protection or progression and trade, but not really to date at that time, and i think this is true today, willing to take leadership. yet on specific issues or either large questions, doha, or ot