Home » Biden: A less protectionist regime, past ties: why Biden means good business for India in global trade

Biden: A less protectionist regime, past ties: why Biden means good business for India in global trade

by Marjorie

Prime Minister Narendra Modi shakes then US vice-president Joe Biden’s hand after addressing a joint session of Congress on June 8, 2016, in Washington, DC.

Synopsis

There may be chance of a bigger Indo-US commerce linkage beneath Biden. Bilateral commerce is anticipated to obtain a serious fillip, enabling India to export 2.5%-3.5% extra in comparison with the Trump regime. Additionally, China might discover a lot much less wriggle room beneath the brand new dispensation.

As Joe Biden pulled off a nail-biting end within the US elections, Prime Minister Narendra Modi’s congratulatory message invoked some candy recollections of the previous. “Congratulations @JoeBiden in your spectacular victory! Because the VP, your contribution to strengthening Indo-US relations was essential and invaluable. I look ahead to working carefully collectively as soon as once more to take India-US relations to larger heights,” Modi tweeted. As soon as Biden takes

( Initially revealed on Nov 10, 2020 )

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