The head of the Indian companies expressed concern of the trade policy of the United States, which can become an obstacle to long-term cooperation between the two countries.
A number of representatives of business and political circles of India noted that trade restrictions from the United States cause them to have serious concerns. In India also doubt that the United States can become a reliable partner of India in the defense field, as is Russia. As noted by CNBC, these questions were formulated in the framework of the annual forum of the strategic partnership the US and India (USISPF).
India execs raise concerns about potential trade war with US https://t.co/qa7Gz3DHsc pic.twitter.com/YUtuR0e8t0
– CNBC International (@CNBCi) July 13, 2018
The Chairman of the budget carrier SpiceJet, Ajay Singh said that trust between countries is one of the key points for building cooperation. He recalled that “Russia has supported India when we needed it”:
“We need to discuss these issues more often. How we see our relationship in a few years? Do this a strategic relationship? Will we trust each other in proper degree? Can India trust the United States when the need arises? And will the US trust of India-technology for development which, obviously, took a lot of effort?
In the defense sector quite a lot of equipment in India comes from Russia. This country has supported us when India needed it. We need similar guarantees from the United States. We need to find a way to combine strategy trump’s “America First” strategy, Prime Minister modi’s “Make in India”.