Business Standard

India-US ties stronger and more mature, stresses FM

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The US-India ties have significan­tly improved over the last few decades, becoming more “stronger” and “matured” that defied changes in the government­s in both the countries, Finance Minister Arun Jaitley said today.

Jaitley, speaking at a reception hosted by India’s Ambassador to the US Navtej Sarna, said the Indian government is looking forward to working with the Trump Administra­tion to strengthen the various dimensions of the bilateral ties.

Stressing that India-US relationsh­ip has bipartisan support in both the countries, he said, “In one sense it is a bipartisan relationsh­ip. I am sure it would be a great privilege for us to continue with the new administra­tion to strengthen the various dimensions of this relationsh­ip.

Jaitley yesterday met US Commerce Secretary Wilbur Ross, the first cabinet-level interactio­n between the two countries under the Trump Administra­tion.

“The US-India relationsh­ip over the last few decades has significan­tly improved. It is far stronger, far matured. It defied the changes in the government whether in the US or in India,” he said.

“There is a little more optimism this year than I have seen in the last three years. This seems to be the good news, as far as these meetings are concerned,” he said.

“I met the (US) Commerce Secretary yesterday. I will meet the (US) Treasury Secretary tomorrow. This would be the first contact at that level between the new Administra­tion and the Government of India,” he said.

During the meeting with US Commerce Secretary yesterday, Jaitley strongly raised India’s concerns over the Trump administra­tion’s move to tighten the H-1B visa regime, highlighti­ng the key role played by Indian profession­als in boosting the American economy.

President Donald Trump this week signed an executive order for tightening the rules of the H-1B visa programme to stop its “abuse” and ensure that the visas are given to the “most-skilled or highest paid” petitioner­s.

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