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Rocky times ahead for US-India relations on economic front, says senior fellow at Council on Foreign Relations

Updated : June 12, 2019 08:09 PM IST

India's relationship with the US will see some rocky times on the economic front going forward, said Alyssa Ayres, a senior fellow at Council on Foreign Relations. However, she expects further progress in defence and strategic ties.

"Defence and strategic ties have been areas of great progress that we have seen over the course of the past 15-20 years. So I would expect to see that continue... that said, I think we are going to have some rocky times on the economic front," she told CNBC-TV18's Shereen Bhan.

Along with Ayres, Bhan, who is in Washington DC, caught up with Richard Rossow of CSIS and Michael Kugelman of Asia Program and senior associate - South Asia, to get a sense of where the India-US relations are headed under Modi 2.0.

"...the question is - is the new Modi government with this fresh mandate going to pivot on trade and become a little more oriented towards encouraging trade. They are very pro-investment and did a lot of work to encourage foreign investment coming in but on trade we have never had a moment in five years," said Rossow.

In terms of India benefiting from the tensions between US and China, Kugelman mentioned, “It is too early to tell but certainly this administration here has taken a very hard line on China and I don’t think that is going to evade anytime soon."

 
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