‘US investing heavily in ties with India’

The US is investing heavily in its relationship with India as it believes that Indo-US ties is going to be the defining partnership of the 21st century, a top White House official has said.

Washington: The US is investing heavily
in its relationship with India as it believes that Indo-US
ties is going to be the defining partnership of the 21st
century, a top White House official has said.

"I don`t think there`s any question but that the
relationship with India is going to be one of the most
important relationships for the US over the next generation,"
said Larry H Summers, Director of National Economic Council.

"That`s why we have invested heavily in that
relationship and certainly, as (the US) President (Barack)
Obama`s intention to continue investing in that relationship,"
Summers said in response to a question after delivering
remarks on technological opportunities, job creation and
economic growth.

"You realize that a generation from now they will be
two of the three largest economies in the world. And I think
we have an enormous stake in our relationship," he said.

"My hope it will be one of a deepening flow of
everything: A deepening flow of telecommunications, a
deepening flow of student exchanges, a deepening flow of
tourism, a deepening flow of foreign investment, a deepening
flow of international trade, a deepening flow of diplomatic
contact that discussed the architecture of evolving global
system," Summers said.

PTI

By continuing to use the site, you agree to the use of cookies. You can find out more by clicking this link

Close