Kalyan's Lab

The Obama’s visit last time in 2010 was to an extent beneficial. He announced a series of business deals worth more than 10 billion $ even though there was a declining trend in economy that time. Later, the bilateral relations between India and US were stalled in the last two years of UPA government because of Manmohan Singh’s inability to advance economic reform (due to various reasons). With few friends by the time he left the office, America was not happy with PM’s performance putting pressure to act tough on India.

Now that Modi is doing his best to advance the economic reforms, US is gaining the confidence back. His 5 day visit in September 2014 has induced feel good factor. Though there are still some challenges in the relations, for instance, the disagreement at the World Trade Organization over trade substitutes – unlike Singh, Modi has decade long track…

View original post 191 more words

Advertisements