India to Play Key Role In Asian Growth: U.S.

WASHINGTON: Declaring that she was “bullish” on India-U.S. ties, a senior U.S. official says the two countries will play a key role in advancing prosperity and stability in Asia.

Asia, “a region with tremendous promise and potential” faces many challenges ranging from economic development to defeating terrorism and counter violent extremism, Nisha Desai Biswal, assistant secretary of state for South and Central Asian Affairs, said.

“Despite these challenges, we’ve never been more optimistic about the future of Asia — and the role the United States and India will play in advancing prosperity and stability in the region,” she said at 2014 FICCI—IIFA Global Business Forum in Tampa, Florida.

The business forum was a joint event of the Federation of Indian Chambers of Commerce and Industry and the International Indian Film Academy ahead of the first ever IIFA Awards event being held in the U.S.

“One reason is India’s growing economic connectivity — eastward with Bangladesh, Burma, and Southeast Asia,” Ms. Biswal said speaking on the “U.S. and India: Global Partners in the Global Economy.

“And we see promise in links westward with Pakistan, Afghanistan, and Central Asia,” she added.

Describing these linkages as vital to the prosperity and stability of Asia, she said the US was “committed to supporting economic linkages that will cultivate new markets and knit these countries even closer together — and make them more integrated with the global economy.”

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