Pulling back Indo-US ties not in interest of anyone: Biswal

Image
Press Trust of India Washington
Last Updated : Nov 20 2016 | 3:42 PM IST
Indo-US ties are so broad and dynamic that pulling back on any aspect will not be in the interest of anyone, a top American official has said while observing that the next administration may want to add their own new areas of focus in the bilateral relationship.
"India-US relations will have to move beyond government to government. India-US relations are global, but they should also be local," Assistant Secretary of State for South and Central Asia Nisha Desai Biswal told a Washington audience.
Speaking on the occasion of launch of "US-India State and Urban Initiative" by Center for Strategic and International Studies (CSIS), a top American think-tank, Biswal stressed on building state to state relationships.
"Every successive administration is going to add some new areas of cooperation. The US-India relations are so broad, so complex, and so dynamic that pulling back on any aspect will not be in the interest of anyone," Biswal said.
"The next administration will understand that, and might want to build on, and might want to add their own new areas of focus. That doesn't mean that they will move away from what has already been built," Biswal said in response to a question.
"The demand in India for new technologies and capital is high, and the desire in many places in the US to seek new areas of partnership with India is also high," she said pointing out that India-US economic ties are responding to demands that already exist.
Amos J Hochstein, Special Envoy in the State Department's Bureau of Energy Resources, said India and the US are working together on addressing regulatory issues.
"The issues are plenty. Steady goals are extremely important to set the direction of where the country is going. But beyond setting the goals, there have to be follow ups. You can't simply say that I am going to create 175 GW of renewable energy if you cannot solve some of the fundamental problems that do not allow that to happen," he said.
"India is the best place in the world to invest in renewable energy. But the regulatory environment and all the issues related to financing will have to be resolved for that to happen," he asserted.
"Just like the US where the regulatory authority of the federal government is rather limited...The states in the US have all the power. They will decide the future of their own state. The same is true in India. In addition to what central government is doing, what is happening at the state and local levels are also very important," Hochstein said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Nov 20 2016 | 3:42 PM IST

Next Story