NEW DELHI: External Affairs Minister S Jaishankar will visit the US from December 24-29 to discuss key bilateral, regional and global issues. He will also chair a conference of the Consul Generals of India in the US.In a statement, the Ministry of External Affairs (MEA) said, “He will be meeting counterparts to discuss key bilateral, regional and global issues. During the visit, EAM will also chair a conference of the Consul Generals of India in the USA.”Earlier on December 19, US Ambassador to India, Eric Garcetti, highlighted the potential of the US-India partnership, emphasising the need to lower tariffs and increase trade and make it more fair and equal.‘Full-scale tariff war with US will shave 0.3% off India’s GDP next fiscal’While addressing an event organised on Thursday by the US-India Business Council (USIBC), Garcetti said, “We need, together, to lower tariffs, not to see them go up. We need, together, to increase trade and to make it more fair and equal. We need to, together, make sure that there’s training and talent that meets the needs of companies on both sides of the Indo-Pacific.”He further said, “We have to protect our trademarks and our intellectual property, and we have to make sure that transportation and infrastructure exists, for India to reach its goals more quickly, that is in the American interest, and vice versa, in the Indian interest as well. So let us renew our commitment to being more ambitious, to not settling for what is, and what is good, but reaching for what can be and what will be great.”US President-elect Trump says India charges a lot of tariff, threatens to impose reciprocal taxThe US Ambassador further praised India’s workforce, calling it the “most extraordinary resource that humanity has on its planets.”Garcetti said, “And to realise these ambitions, we must recommit ourselves to a mutual path of trust and transparency so that people know what to expect. India’s workforce, which numbers more than a billion people, is one of the most extraordinary resources that humanity has on its planet. They are builders, thinkers, innovators and entrepreneurs. The Indian dream is the flip side of what we used to call the American truth. In some ways, you see it even more optimistically sometimes than our own country. And we can leave inspired when we work together about what’s possible.”Garcetti also called for merging “American scientific and financial acumen” with “India’s grassroots ingenuity.” He said, “The US and India can create ecosystems that tap into this human capital to merge American scientific strengths in research, our financial acumen and business strategy with Indians’ jugaad finding a solution to everything, your deep talent pools, your grassroots ingenuity and your readiness to scale solutions on a massive level.”Will India be a winner or loser when Trump unleashes trade war?
Source link
