“US seeks to recalibrate its trading relationships with not just India but with countries across the globe” Amb. Shringla

indica News Bureau-

 

Identifying trade as one of the challenges in the relationship between India and the United States, New Delhi’s top envoy in the Washington DC, exuded confidence that two countries would soon be able to reach conclusions that are mutually beneficial and satisfactory.

“One of the issues (challenges) is trade. As the United States seeks to recalibrate its trading relationships with not just India but with countries across the globe, we are happy to engage in that effort,” the Indian Ambassador to the US Harsh Vardhan Shringla said in response to a question at The Heritage Foundation think-tank.

Prime Minister Narendra Modi and US President Donald Trump during their meetings in Osama, Japan in June on the margins of the G-20 Summit directed their officials to address issues related to trade, he noted. The Union Commerce Minister Piyush Goyal and US Trade Representative Robert Lighthizer are expected to meet soon in this regard, the ambassador said without indicating the precise dates

That meeting would “enable us to reach conclusions that are mutually beneficial and satisfactory, he hoped responding to a question at The Heritage Foundation think-tank, after his remarks on “Contemporary India: Foreign Policy, Development Strategy, and Regional Priorities for Modi 2.0.”

Observing that the two countries will have other issues like this as they go along, Shringla said: “I have no doubt that we have both the mechanisms and the required political will to address these issues.”

What is important that India-US is a strategic partnership and the momentum of that partnership has to be sustained, he asserted. “It has to be seen in a long-term perspective and one that has the inerrant basis on which we can take this relationship forward,” he said.

 In his remarks, Shringla asserted that this relationship should not be seen in a short-term perspective. “We see it in a long-term perspective, not just four or five years hence, but 50 years down the line. What is our strategic partnership? Where would we end up? How do we cooperate?” he said.

 “Obviously, the basic ingredients, the inherent factors that contribute to the relationship are there, which is essential that we both are strong democracies. We believe in rule of law. We share the same values, ideals and principles and this is what ensures that our relationship will move forward irrespective of some of the minor speed bumps that come along the way,” he said.

“We certainly see the relationship as one that should be seen in a long-term perspective and that many of these issues that may arise as you go along can be addressed and can be addressed effectively,” Shringla said.

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