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


Since “prosperity in South Asia hinges on dynamic growth of its economic powerhouse,” India, Ms. Biswal said the U.S. “is committed to working with India to fully unlock the true potential of our economic ties.”

“India needs a transparent, straightforward way of attracting foreign investment, offering private capital a way to share in India’s opportunity,” she said.

“There must be a welcoming business environment that allows every dollar of investment to work efficiently.”

“India’s future prosperity will also depend on one of our shared strengths — innovation,” Biswal said. “That’s why we are so excited about the U.S.—India Technology Summit and Expo in November of this year in Delhi”.

India-U.S. relationship is also flourishing at the state and city level, Ms. Biswal said noting “our cities and states are partnering more extensively than ever before, helping plant even deeper and stronger roots for our partnership.”

“A growing number of states and cities are tailoring their international outreach efforts for India, with delegations from Arizona, Iowa, Indianapolis and San Francisco visiting the subcontinent over the last year,” she said.

Declaring that she was “bullish on this relationship because I believe in the strength and vibrancy of our two countries,” Biswal said: “I know there is no challenge that we can’t address, no problem that we can’t solve when we bring our two societies together.”

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Source: PTI