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In response to a strategy report published by India’s Ministry of Commerce and Industry, PayPal and Marketplace have jointly submitted a white paper on the potential role of e-commerce and online payments in the country\'s growth plans.

The strategy report, titled "Strategy for Doubling Exports in the Next Three Years (2011-12 to 2013-14)," the Indian government outlined an ambitious objective of doubling merchandise exports to $450 billion USD over the next four calendar years.

The white paper submitted by PayPal and Marketplace, titled "Growing Cross-Border Transactions for Indian Bsuinesses Using Online Marketplaces and E-Payments," highlighted the critical role of e-commerce marketplaces and online payments in India\'s long-term successes as a global economic powerhouse. Together, eBay and PayPal can provide a cost-effective global platform, allowing individuals and members of the Small and Medium Enterprise (SME) community to reach millions of consumers with convenience and have access to a secure payment gateway.

eBay and PayPal also hope to act as a catalyst in helping India achieve its overall export goals. The white paper is currently under consideration and review, and the companies look forward to future collaborations with the Ministry and the Government of India.  

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