Frank Wisner, who was the US Ambassador to India from 1994 to 1997, went to the extent of declaring that there has been a "decline" in the brand of India in the last few years, expressing concerns over the current economic condition in the country.
Robert Blackwill, who was the top US envoy in New Delhi from 2001-2003, said the current problem in trade relationship between the two countries is problematic and makes many anxious.
"But I think, the next few couple of years is worrisome," he said.
Wisner, Blackwill and three other former US Ambassadors to India - Thomas Pickering (1992-93), Richard Celeste (1997-2001) and Timothy Roemer (2009-2011) - were speaking at a round table at the 38th Annual Leadership Summit of the US India Business Council.
Roemer, who was the US Ambassador to India in the first term of the Obama Administration, hoped that India would do something to address the concerns of the US industry and businesses including pharma, insurance, defense and insurance sectors and take steps that will open up the Indian market and bring in foreign direct investment.
"Time has arrived for India-US bilateral FTA (free trade agreement). It is not going to be easy," he said.
The former US envoy also argued that the US should put the Iran, Pakistan and India gas pipeline as one of the items of negotiations with the Iranians on its nuclear weapons programme.
"I have noticed in the last few years a decline in the India brand," Wisner said, adding it the time of slow growth rate, troubles in rupee, and lackluster economic reform, India needs to address specific issues for the American business.
"One needs to take actions in critical legislative reforms like pension and insurance. If promises are not kept, it would be difficult," he warned.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
