City
Epaper

Eric Garcetti calls for lower tariff, fair and equal trade with India

By ANI | Updated: December 20, 2024 00:45 IST

New Delhi [India], December 20 : US Ambassador to India Eric Garcetti highlighted the potential of the US-India partnership, ...

Open in App

New Delhi [India], December 20 : US Ambassador to India Eric Garcetti highlighted the potential of the US-India partnership, emphasising the need to lower tariffs and to increase trade and make it more fair and equal.

While addressing an event organised on Thursday by the US-India Business Council (USIBC), Garcetti said, "We need, together, to lower tariffs, not to see them go up. We need, together, to increase trade and to make it more fair and equal. We need to, together, make sure that there's training and talent that meets the needs of companies on both sides of the Indo-Pacific."

He further said, "We have to protect our trademarks and our intellectual property, and we have to make sure that transportation and infrastructure exists, for India to reach its goals more quickly, that is in the American interest, and vice versa, in the Indian interest as well. So let us renew our commitment to being more ambitious, to not settling for what is, and what is good, but reaching for what can be and what will be great."

The US Ambassador further praised India's workforce, calling it as the "most extraordinary resources that humanity has on its planets."

Garcetti said, "And to realise these ambitions, we must recommit ourselves to a mutual path of trust and transparencies so that people know what to expect. India's workforce, which numbers more than a billion people, is one of the most extraordinary resources that humanity has on its planet. They are builders, thinkers, innovators and entrepreneurs. The Indian dream is the flip side of what we used to call the American truth. In some ways you see it even more optimistically sometimes than our own country. And we can leave inspired when we work together about what's possible."

Garcetti also called for merging "American scientific and financial acumen" with "India's grassroots ingenuity."

"The US and India can create ecosystems that tap into this human capital to merge American scientific strengths in research, our financial acumen and business strategy with Indians' jugaad finding a solution to everything, your deep talent pools, your grassroots ingenuity and your readiness to scale solutions on a massive level," Garcetti said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalPentagon sending aircraft carrier to Latin America

InternationalPartners in India's growth and catalysts for deeper ties with Germany: Piyush Goyal on meeting Indian diaspora in Berlin

BusinessPartners in India's growth and catalysts for deeper ties with Germany: Piyush Goyal on meeting Indian diaspora in Berlin

NationalPartners in India's growth and catalysts for deeper ties with Germany: Piyush Goyal on meeting Indian diaspora in Berlin

InternationalNATO Secy Gen meets with European leaders to discuss continued support for Ukraine

International Realted Stories

InternationalUS considering plans to target illegal narcotics facilities inside Venezuela

InternationalTransit trade with Afghanistan to remain suspended until security situation evaluated: Pak Foreign Office

InternationalIMF projects Indian economy to grow at 6.6% in FY 2025 despite dim prospects for global growth

InternationalCanada says it's ready to engage after Trump ends trade talks over ad dispute

International"Supreme Court will side with us": Trump's advisor Kevin Hassett on tariffs' legality