Narendra Modi has opportunity to bring new energy to Indo-US ties: American lawmaker

Lawmaker Royce said it is likely that Modi will focus on private enterprise, reduced bureaucracy, and stronger trade ties with major partners.

By: Press Trust of India | Washington | Published:June 3, 2014 2:43 pm
Prime Minister Narendra Modi. ( Source: PTI ) Prime Minister Narendra Modi. ( Source: PTI )

Prime Minister Narendra Modi has “an opportunity” to not only reinvigorate India’s economy, but also bring new energy to the Indo-US relationship, according to a top American lawmaker.

“Prime Minister Modi’s historic victory has granted him a mandate unseen in decades. If Modi is successful, far more Indians will have an opportunity to unleash their abundant economic talent and potential, as Guajaratis have. He now has the opportunity to reinvigorate India’s economy and bring new energy to US-India relations,” Congressman Ed Royce said.

Royce, Chairman of the powerful House Foreign Relations Committee and former Co-Chair of the influential Congressional Caucus on India and Indian-Americans, in an op-ed to the ethnic India West newspaper wrote that he is optimistic that the mandate given to Modi will help India thrive economically, lifting countless people out of poverty.

Praising Modi for his Gujarat model of development, Royce said under his leadership, Gujarat, home to a mere five per cent of the country’s population, now accounts for nearly 25 per cent of all Indian exports.

“Modi’s election as prime minister comes at a time when India’s economy could use a boost. Once enjoying a GDP growth rate near 10 per cent, it is now growing at less than five per cent each year. Inflation also remains high due to bottlenecks in production and infrastructure, preventing companies from growing,” Royce said.

“Adding to these problems, India has one of the fastest growing workforces in the world, and is currently able to create only two million jobs per year for the 12 million people entering its workforce. To meet these challenges, a pro-business, pro-growth leader is needed,” he wrote.

Royce said it is likely that Modi will focus on private enterprise, reduced bureaucracy, and stronger trade ties with major partners.

“Importantly, Modi met with Pakistani Prime Minister Nawaz Sharif on his first day as prime minister, stressing that the two sides could move trade ties immediately. These maneuvers should help jumpstart India’s economy, but importantly, they will also place a much needed focus on improved trade,” he said.

“Since 2001, US-India trade may have doubled every five years, but our economic relationship remains far below the scale of our markets. The value of US-India trade is still only one-seventh that of our trade with China, despite warm relations and numerous shared values. Modi’s commitment to cut the red tape that has long plagued our trade relationship gives reason for hope that our economic partnership will flourish,” Royce said.

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    BT
    Jun 3, 2014 at 2:01 pm
    And Modiji will (should) make that happen. I have always failed to understand why the biggest democracy and the most powerful democracy on planet don't naturally align and work the magic of democracy.
    Reply
    1. A
      American means
      Jun 3, 2014 at 10:15 am
      Indo stan relations will jumpstart indian economy....... what a a limited midwestern dumb evangelical bred congressman he must be.......stan trade is less than 2 Billion dollars and how can it affect indian economy directly...( inde=irect cost of lesser war will keep mopre money for development works on border though)... Thisis typical rant ocming from an American who wants more money for US companies and more dealsfor US businesses in the growing Indian Pie... The earlier US snub and unreliability of US partnership will ensure India go to China and an for developmental funds and to Russia and France and Isreal for weapons.......as they are more reliable as partners....than Americans who mean just their business.
      Reply
      1. J
        Just Me
        Jun 3, 2014 at 1:51 pm
        I think America 'may' have an opportunity to bring new energy to Indo- US ties. But first it must stop spreading the propoa via the CNN that Congress was more inclusive, secular , blah de- blah- de blah. We all know what / who the Congress is and what it did to the country. Sonia hi reminds me of Queen of England, one ruled India directly once upon a time, the other ruled indirectly until now, Both had a common agenda to impoverish India, and religious conversion. s both of them. Donno which God decided the former deserved and the lattar too, eventually.
        Reply
        1. J
          jay
          Jun 4, 2014 at 2:32 pm
          Though foreign policies can't have drastic change but with such speculations and umptions regarding this Modi government we hope that relationships not only with US but with Russia ,China,neighbor and middle eastern countries will be strengthened and new dimensions will be added.
          Reply
          1. J
            jay
            Jun 5, 2014 at 4:01 am
            Though foreign policies can't have drastic change but with such speculations and umptions regarding this Modi government we hope that relationships not only with US but with Russia, China, neighbor and middle eastern countries will be strengthenedand new dimensions will be added.
            Reply
            1. J
              jay
              Jun 4, 2014 at 2:41 pm
              Though foreign policies can't have drastic change but with such speculations and umptions regarding this Modi government we hope that relationships not only with US but with Russia, China, neighbors and middle eastern countries will be strengthenedand new dimensions will be added.
              Reply
              1. L
                Lokesh Ramachandrappa
                Jun 4, 2014 at 8:56 am
                What you sow is what you reap, US is great country but I dont like there aggresiveness to look other countries down.
                Reply
                1. P
                  Philosopher
                  Jun 3, 2014 at 10:55 am
                  In last week's editorial, there was mention of apprehension in US over close ties between Russia-China-India. Who says the US has stopped the cold war? The cold war continues with speculations about the trade relations between these countries
                  Reply
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