It is in America’s interest to assist the rise of India: US think tank
PTI
Washington |
Updated on
February 19, 2021
The Hudson Institute has asked the Biden administration to encourage India to lower tariffs, remove barriers to foreign retail, roll back restrictive data privacy rules, and provide economic incentives for foreign investment
Asserting that the US ought to counteract the influence of Chinese authoritarianism early and often, a top American think tank on Thursday said that one relatively low-cost way is to encourage India to engage more deeply as a competitor with China in the global economy.
In its latest report titled "A US-India Trade Agenda for the Biden Administration", the Washington-DC based think tank Hudson Institute said that India should aim for better relations with American corporations as increased US investment and trade relations will enhance the potential for US-India cooperation in confronting the rise of China.