India, 'puntiamo a accordo bilaterale commerciale con Usa'

epa03398612 Indian customers are busy shopping at the whole sale and retail market in Mumbai, India, 15 September 2012. India decided 14 September to open its retail sector to foreign supermarkets, in what could be a major economic reform that had been blocked last year due to political opposition. The cabinet committee on economic affairs (CCEA), headed by Prime Minister Manmohan Singh, decided to permit up to 51-per-cent foreign direct investment in companies such as department stores that sell items from multiple brands, Commerce Minister Anand Sharma announced in New Delhi. Global chains like Wal-Mart Stores Inc and Tesco Plc have already expressed an interest in entering India's lucrative 500-billion-dollar multi-brand retail sector. Decades ago, India banned foreign ownership in main business sectors. EPA/DIVYAKANT SOLANKI