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US can benefit from India's economic progress: Clinton
If Indo-US relationship is managed well, both India and United States can mutually benefit from former's economic progress, Secretary of State Hillary Clinton has said.
If Indo-US relationship is managed well, both India and United States can mutually benefit from former's economic progress, Secretary of State Hillary Clinton has said.
"I know that some Americans fear that greater partnership with India will mean lost jobs or falling wages in the United States. But if we manage our relationship well, both sides can benefit from India's economic progress," Clinton said in response to a question which was texted to her during her trip to India last month.
Clinton's answer to select questions have now been posted on the State Department's website.
"India's six per cent growth rate is a bright spot amid the global economic downturn, and bilateral trade and investment flows between our nations have doubled in the last five years," she said, adding that the 300 million members of India's burgeoning middle class present a vast new market and opportunity.
"Our countries should work together to open that market and spread the benefits of sustainable prosperity. We and the rest of the world have a lot to gain from our enhanced cooperation," Clinton said in her response to a question from William in Kentucky.
"How can we maintain good diplomatic relations with India while at the same time we are trying to claim our jobs back for the US that went overseas?" William asked.
