India’s GDP growth set to further improve in 2nd half this year, market volatility to subside
The report expects India to continue to be among the highest growing major economies despite the recent slowdown in growth.
Welcoming the White House statement, Al Mason, co-chair of the Trump Victory Indian American Finance Committee, said that unlike his predecessor, President Trump has come out openly in support of India.
The President of United States(US) Donald Trump has said that he wants to do everything possible to keep peace for the people of India and China, according to White House.
“He (Trump) said I love the people of India and I love the people of China and I want to do everything possible to keep the peace for the people,” White House Press Secretary Kayleigh McEnany told reporters at a news conference on Thursday.
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She was responding to a question on Trump’s message to India, which recently had a standoff with China in eastern Ladakh along the Line of Actual Control.
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The Trump administration has come out in support of India against China, over the past several weeks.
Beijing’s aggressive stance along its border with India fits with the larger pattern of Chinese aggression in other parts of world and confirms the “true nature” of the Chinese Communist Party, US President Donald Trump was quoted as saying by White House Press Secretary Kayleigh McEnany on July 2.
Against the backdrop of the standoff between Indian and Chinese troops in eastern Ladakh, she had said the US was closely monitoring the current situation. McEnany added that both India and China have expressed a desire to de-escalate and the US supports a peaceful resolution of current situation.
Earlier, during a Congressional hearing, US lawmakers too had expressed concern over the aggressive Chinese actions along the Line of Actual Control (LAC).
Earlier in the day, White House Economic Advisor Larry Kudlow described India as a great ally, saying President Trump is a great friend of Prime Minister Narendra Modi.
On Wednesday, Secretary of State Mike Pompeo said that India has been a great partner of the US.
“India has been a great partner… They are an important partner of ours. I have a great relationship with my foreign minister counterpart. We talked frequently about a broad range of issues. We talked about the conflict they had along the border with China. We’ve talked about the risk that emanates from the Chinese telecommunication infrastructure there,” Pompeo told reporters in response to a question.
Travelling in Europe, US National Security Advisor Robert O’Brien told reporters that China has been very aggressive with India.
O’Brien said that India is a democracy and is a great friend of the United States. Prime Minister “Modi and President Trump have a super relationship,” he said.
“In fact, it was the last foreign trip that I took with the president before the COVID-19 crisis hit, was to India, and we had a great reception of the Indian people there. We have a lot in common with them, we speak English, we’re democracies. We’ve got a growing, very strong relationship with India,” O’Brien said.
Welcoming the White House statement, Al Mason, co-chair of the Trump Victory Indian American Finance Committee, said that unlike his predecessor, President Trump has come out openly in support of India.
“Most of the Indian-Americans have observed that every earlier president – be it a Democrat or Republican, like Clinton or Bush Senior or Bush Jr or Obama have been very scared to side with India openly, for fear of hurting China.”
“Only President Trump has had the courage to say that… I love India, America respects India… US stands with India – and that also, to over one billion Indians in India at the Namaste Trump rally held in India… and that too… near India’s neighbour China,” Mason said in a statement.
“And he is consistent in his love for India and Indian-Americans,” he added.
The Indian and Chinese armies were locked in a bitter standoff in multiple locations in eastern Ladakh for the last several weeks, and the tension escalated manifold after 20 Indian soldiers were killed in a violent clash in Galwan Valley on June 15.
Days after the brutal face-off, the Indian government on June 29 banned 59 Chinese apps, including TikTok, Shareit, UC Browser and Xiaomi’s Mi Community over national security concerns in a diplomatic reaction to the Chinese aggression.
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