Indo-US relationship not directed at China: US envoy


Posted on 12th Mar 2015 10:14 am by mohit kumar

Kolkata, March 11 (IANS) Describing the Sino-Indian and Indo-US relations as complex and comprehensive, US ambassador Richard Verma asserted on Wednesday that strong ties between New Delhi and Washington were in the interest of the world.

Addressing a two-day seminar on 'Building Pan Asian Connectivity', Verma lamented South Asia's negligible intra-regional commerce and called upon India to address the economic anomaly for better connectivity for the "least connected" region on earth.

"India and China and the US and China, both are very complicated and comprehensive relationships. There are elements of competition and cooperation in our relationships. We have our economic interests, but when we have security concerns or human rights concerns we raise them," said Verma.

"A strong Indo-US relationship is in the interest of the region and the world and it is not directed to any other country, particularly not directed at China," asserted the envoy.

Asserting that a growing Indian economy was in the interest of the world, Verma said the US was collaborating with India on several fronts including in the sphere of infrastructural development.

"The US can't be the only engine that pulls the global economy out of the death bed it has been in for the past 10 years. So, the more the Indian economy does better, the more this region grows, that is good for the US, the Europe and the world.

"There is a tremendous need for infrastructural development here, in sanitation, in cities, airports, railways...and we are working closely with the India government on this. We are working on identifying opportunities for American companies in India where they can participate," said Verma.

Observing that South Asia intra-regional commerce comprised only 5 percent of total global trade, and India traded mostly with the US, Europe and the Middle East than with its immediate South Asian neighbors, Verma said the addressing the economic anomaly was challenging

"Addressing this economic anomaly will involve overcoming some challenges, but if we do it will also create enormous opportunities for the region that has been called the least connected region on earth," said Verma.

He said developing connectivity in South Asia has challenges in forms of inclusive economic growth, good governance, and climate change.

"For connectivity to be meaningful and sustainable, ordinary people - all people - have to benefit. Good economic governance, simpler and more transparent trade and economic policies are also keys to expanding trade in the region," added Verma.

Did you know?Explore Trending and Topic pages for more stories like this.
0 Like 0 Dislike
Previous news Next news
Other news

NEET PG Counseling 2021: Supreme Court has ruled, OBC and EWS reservations will be applicable

The Supreme Court has given its verdict in the NEET PG counseling case stuck in the issue of rese

CPEC: The work of China's important project CPEC will not be completed on time? Know what the report says

work on the China-Pakistan Economic Corridor (CPEC) has slowed down and doubts are being raised a

Shah Rukh Khan: Debate started on giving National Award to Shah Rukh, people raised this big question

Bollywood's Baadshah Shah Rukh Khan has finally received the first National Award of his career.

During Congress' Bharat Jodo Yatra, instead of the national anthem, another song started playing, and people started looking at each other

During the Bharat Jodo Yatra of the Congress, a strange situation arose on Wednesday night when a

Flipkart Sale: Redmi 9i is getting discounts of thousands, competition with Realme C11

Today is the last day of the Flipkart Diwali Dhamaka Days of the festive season. You have very li

Pakistan Cricketer: 'The cheque received from the Pakistan government for the 2009 World Cup victory bounced', now Saeed Ajmal has exposed his country's secrets.

Former Pakistan spinner Saeed Ajmal has shared a shocking anecdote that exposes the management an

RBI Repo Rate: RBI's gift before the festival, loan installment will not increase, repo rate stable at 6.50

A monetary policy review meeting is held every two months by the country's central bank RBI. This

PM Modi: PM Modi announced an ex-gratia of Rs 2 lakh each to the families of those killed in the Bangalore building accident

Six people lost their lives in the collapse of an under-construction building in the Horamavu Aga

COP27: President of Egypt told Foreign Minister Jaishankar – Rs 574 billion. business is not enough, it should be increased further

External Affairs Minister Dr. S Jaishankar called on President Abdel Fattah el-Sisi during his vi

Slow economic growth is a challenge for all economies, and the risk of a falling global growth rate is not averted: IMF

In its latest World Economic Outlook report, the International Monetary Fund (IMF) has predicted

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash