New Delhi: Finance Minister P Chidambaram on Wednesday expressed the hope that economic ties with the United States would improve with the re-election of Barack Obama as the US President.
"I congratulate President Obama. I hope that Indo-US relations (will) get stronger...Especially economic relations", he told reporters here.
Obama won the election to get a second term as the US President overcoming a stiff challenge from Republican Mitt Romney.
A votary of strong ties with India, 51-year-old Obama, the first black American to occupy the White House, scored the victory after a bitter and costly campaign running over months.
Leaders of India Inc too have welcomed the re-election of Obama saying that continuity would be good for bilateral relations, but some of them expressed concerns over the outsourcing issue.