Tuesday 8 January 2013

INDIA AND THE US

Business Standard

INDIA'S GLOBAL RISE, A RICH OPPORTUNITY FOR US BUSINESSES

Arun Kumar

Business Standard, January 8, 2012

With the India-US civil nuclear deal removing the biggest obstacle in their relationship, a US think tank has said their concerted cooperation could help India's global rise and provide a rich opportunity for US businesses.

"The 2008 US-India Civil Nuclear Agreement did away with the biggest obstacle in the relationship-India's murky status in the global non-proliferation regime," the Carnegie Endowment for International Peace said in a new report.

"The evolving US-Indian strategic partnership holds great potential for both countries," says the report "Opportunities Unbound: Sustaining the Transformation in US-Indian Relations" by Ashley J. Tellis, senior associate South Asia Programme.

"India's economic growth and its ties to the US can assist its global rise, which contributes to keeping the peace in Asia, provided New Delhi and Washington sustain concerted cooperation," he writes.

"And India's emerging markets promise to be the key instrument for enlarging India's power while remaining a rich opportunity for US businesses," writes Tellis suggesting several steps for both sides to make the partnership fruitful.

(...) [article here]

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