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Trump-Modi meet can boost US-India economic ties, says USIBC president
Keshap highlighted the strategic alignment between the two nations, noting, "Few countries are as well placed as America and India to row together in 2025 and beyond."
Atul Keshap, president of the U.S.-India Business Council / Image- USIBC
Atul Keshap, president of the U.S.-India Business Council said that the meeting between Prime Minister Narendra Modi and President Donald Trump has great potential to boost U.S. -India economic ties.
Ahead of Modi’s Feb. 12 visit to the United States, Keshap underscored the potential for a mutually beneficial agreement. He stated, "The Trump-Modi summit can be a huge win-win for both sides if we can frame the contours of a meaningful, substantial, impactful bilateral deal that fuels our economic growth."
The meeting between the two leaders is expected to focus on trade, defense cooperation, and technology, with both leaders aiming to strengthen the strategic partnership between the two nations.
Keshap highlighted the strategic alignment between the two nations, noting, "Few countries are as well placed as America and India to row together in 2025 and beyond." He underscored the shared strengths of both countries, including favorable demographics, innovation, and robust economic growth, positioning them as leaders in global development.
Addressing the broader geopolitical landscape, Keshap stated, "Given China’s economic and demographic challenges, Russia’s bloody war in Ukraine, and Europe’s daunting agenda confronting regulatory overreach, Delhi and Washington have a singular opportunity to remind the world that free and open societies are optimized to ensure growth and vitality and prosperity."
He also stressed that American companies in India should be seen as long-term partners contributing to India's economic growth. "American companies in India need to be viewed not as unwelcome competition, but as committed multi-decade investors who are helping India become a globally competitive player in e-commerce, fintech, defense, and energy," he said.
To achieve these objectives, Keshap called for both nations to move beyond bureaucratic and political barriers. He urged India to "listen carefully to US concerns about tariff and non-tariff barriers that hold US firms back" and advocated for the US to "treat India as a trusted technology partner on artificial intelligence, quantum computing, semiconductors, and defense."
According to media reports, Prime Minister Modi is preparing to propose additional tariff cuts and increased energy and defense imports during his US visit, aiming to strengthen economic ties and avert potential trade conflicts.
Keshap concluded with an optimistic outlook, stating, "We have the most powerful and robust systems of government on earth, and we can tap the genius of our 1.8 billion citizens to drive optimal outcomes for our citizenry amidst the many risks of the world in the second quarter of the 21st century."
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