Sunday, May 16, 2021

India Inc. seeks policy continuity under Trump

Reading Time: 2 minutes

Besides congratulating Republican Donald Trump as US President-elect, India Inc. hopes key policies that have bought the two countries closer in recent years will continue under him, with better access to Indian skilled labour and merchandise.

India Inc.Indian Link
“We hope challenges relating to mobility of skilled labor, market access for pharmaceutical products from India and for financial services institutions and SMEs (small and medium enterprises) will be addressed,” CII said in its reaction.
“It would also be important for critical dialogues such as the US-India Strategic and Commercial dialogue, CEO Forum, Trade Policy Forum, etc., to continue charting pathways to augment our partnership,” it said.
The chamber also sought to drive home the point that it was under a Republican President, George W. Bush, that the US-India civil nuclear agreement was activated in 2005. It brought the two countries into a geo-strategic and economic collaboration and partnership.
Assocham said apprehensions linked to Trump would certainly prove wrong and India Inc. looks forward to taking the bilateral economic engagement to a greater level under the new administration.
India Inc.Indian Link
“We saw a different Trump who as President-elect of the US sounded so conciliatory and sober, promising a fair deal with the rest of the world,” Associated Chambers of Commerce and Industry (Assocham) President Sunil Kanoria said in a statement.
“His words appeared so convincing that the financial markets which were nervous in the beginning recovered quite a ground rightly hoping that the Republican inmate of the White House has a great plan for America up his sleeve.”
The Federation of Indian Chambers of Commerce and Industry (FICCI) reacted in a similar vein.
“The election of Donald Trump comes at a time when relations between India and the US are witnessing a paradigm shift marked by significant convergence on strategic perspectives and enhanced economic engagement,” the chamber said.
“FICCI is confident that under the presidency of Donald Trump we will do even better and touch higher trajectories of growth in our bilateral ties and economic cooperation.”

- Advertisement -

Related Articles


Please enter your comment!
Please enter your name here

- Advertisement -


Ep 9: What do young Indians want from love?

Growing up in Indian culture, most of us know that love has never been as popular as marriage. Even in the movies, the main...

Ep 8: Indian links in Indigenous Australian poet Ali Cobby Eckermann’s...

To celebrate NAIDOC week 2020 (between 8-15 November) I spoke to Yakunytjatjara poet Ali Cobby Eckermann about her time in India where she taught...

Ep 7: In the case of Sushant Singh Rajput

  The torrid and high-octane Sushant Singh Rajput case has been fodder for Indian people and press for the last few months. The actor’s tragic...
- Advertisement -

Latest News

david shoebridge nsw parliament

NSW Senate passes motion asking David Shoebridge to apologise to Hindu...

  AT A GLANCE NSW Hindu community took umbrage at comments made by Greens Senator David Shoebridge against VHP Australia’s scripture lessons at state schools ...

Ask Auntyji: Should I turn vegetarian after all?

  Dear Auntyji I am a 45-year-old man who has been a meat eater for 20 years, except for that one time in 2006 when I...

Sadhguru Jaggi Vasudev on karma, the pandemic, and politics in India

  Meredith Lake in conversation with Sadhguru, for the ABC Radio National program Soul Search. Today on Soul Search, an exclusive interview with Sadhguru Jaggi Vasudev....
repatriation flight india

70 of 150 Australians in repatriation flight from India denied seats

  The first repatriation flight from India since the travel ban might arrive at less than half capacity after nearly 40 Australians have tested positive...
formal wear zoom

Dress to impress: How to ace your Zoom fashion game

  Love or loathe working from home, there’s no escape from virtual meetings. Since last year we’ve all attended countless Zoom meetings, webinars, conferences, online...