The Prime Minister Dr. Manmohan Singh has categorically stated that economic reforms will continue in the country. Indicating the future of reforms , the Prime Minister listed tax reforms, especially the introduction of goods and services tax and legal reforms aimed at reducing delays as priority areas.<br/><br/>He was addressing the US Chamber of Commerce and US- India Business Council (USIBC) in Washington. The Prime Minister said the pace of reforms may be gradual because of the need to build a consensus but the Government will persevere in the direction.<br/><br/>The Prime Minister invited American businessmen to invest in Infrastructure, Agriculture and tourism in partnership with the Government and Private business companies. He said Indian companies have also been investing in the United states in Auto components, pharmaceuticals and software, creating thousands of jobs. This two way flow illustrates the mutually beneficial nature of Indo-US relations.<br/><br/>He appreciated the supportive role played by American business in persuading the US Congress to support the nuclear agreement. He said that once the agreement is made fully operational, this will remove restrictions in the flow of technology in the nuclear and related areas thereby opening commercial opportunities for US business.<br/>The Prime Minister also announced the re-constitution of Indo-US CEOs Forum with Mr. David Cote, CEO of Honeywell Inc. and Mr. Ratan Tata as Co-Chairpersons. This Forum will facilitate interaction between the Governments of United States and India and the private sector.<br/><br/>In reply to a question on the situation in India’s neighborhood, the Prime Minister hoped that the United States will not exit from Afghanistan any time soon in the interests of peace and stability in the region. He said that India and United States have an excellent mechanism to share information on terrorist activities.<br/><br/>AIR correspondents S. Mathias and Ramesh Raina report that while acknowledging the supportive role played by American business in persuading Congress to support the nuclear agreement, the Prime Minister asserted that both the countries will finalise the details so as to make the agreement fully operational and remove restrictions on the flow of technology in nuclear and many other areas.<br/><br/>He said that once this is done it will open a large area of commercial opportunities for US business. Inviting American business to look at the large number of public private partnership projects in infrastructure being promoted by the Indian Government and individual State Governments in India, the Prime Minister assured the American business community that Government has already taken a number of initiatives to improve the process of our project approval and implementation.<br/><br/>Dr. Singh said that India is keen to have a web of economic relationship with US as it is this kind of relationship which intensifies both business to business and people to people contacts thereby promoting a deeper and better understanding between the two countries.