Senior US official praises Indian investment in America, says Delhi has ‘a lot to offer’ | Today’s news
A senior US official praised the bilateral relationship between India and the United States, calling New Delhi a “leader in many areas” and praising the country’s significant investment in the US.
Ambassador Dan Negrea, U.S. Representative to the United Nations Economic and Social Council and Alternate U.S. Representative to the General Assembly, made the comments at a press briefing in New York organized by the New York Foreign Press Center on “Outcomes of the High-Level Forum on the U.S.”
“India has a lot to offer. And there are many areas where India is a leader,” he said, according to a PTI report.
Highlighting the bilateral relations between the two nations, Dan Negrea said, “Relations with India are really great… There is a lot of investment in the United States from India… India has said we have excess capital.
“Yes, we invest in growing things in India, but it’s efficient for us to invest as well. So (there is) very close cooperation in every area you can think of.”
Symbolic Appointment of Gor as Ambassador: Negrea
Negrea also pointed out that President Donald Trump’s appointment of Sergio Goro, one of his closest associates, as the US ambassador to India shows the importance of bilateral relations between the two nations.
“There is nothing more important about an ambassador than having access to the decision-makers in the country he represents,” Negrea said.
Gor is also the US special envoy to Central Asia, and regarding his role there, Negrea said the 39-year-old has “tremendous energy” and is important to the US in terms of its engagement in the region.
It is Pakistan
Talking about US aid to Pakistan and concerns about the latter harboring terrorist organizations, Negrea said development does not happen in a place where there is a lack of peace and security.
“If a country has policies that create domestic unrest or conflicts with neighbors, there will be no investment. So we generally think in that vein,” he said, adding that the U.S. goal is not to direct government aid but to create the conditions for the private sector to invest in the country.
“When you look at countries that have done well economically over the years, there are always some key characteristics that are common to all countries that have done well. You have the rule of law. You have predictable courts.
“Investors in these countries can put their money in according to the laws that when they invest their money, they can also get their money out. And another requirement is that there is no war. Nobody invests in a war situation,” Negrea said.