We have a wonderful relationship with PM Modi, India: US

Agencies
November 30, 2017

Washington DC, Nov 30: The United States administration of President Donald Trump on Thursday hailed Global Entrepreneurship Summit (GES) which is being held in India's Hyderabad and said that its tremendous success is indicative of the strong bilateral relationship between the two great nations.

Calling the GES Summit a "tremendous success", the Spokesperson for the United States Department of State, Heather Nauert, said, "I am so proud that the US and India held the Global Entrepreneurship Summit in Hyderabad... I think it's a tremendous success when we bring in 1500 entrepreneurs from around the world."

Hailing the Indo-US ties, Nauert said, ''We have a wonderful relationship with PM Modi and India. A part of our constant conversations is to do more to help with North Korea. It is a global problem and a threat. Hope that India will do more and we’ll continue to have those conversations with government.''

When asked about Ivanka Trump leading the US delegation in the summit, she said, "We are also proud that Ivanka Trump, President Donald Trump's daughter and one of his most trusted and closest adviser, led the US delegation over there. I, personally, think of no better representative of a woman entrepreneur in the US than her to go over there."

Ivanka Trump was personally invited by Prime Minister Narendra Modi in June earlier this year to spearhead the delegation.

Ivanka's visit to India has been clouded by US media reports questioning Trump's clothing line and its supply chain as well as what some view as a snub by Rex Tillerson, the US Secretary of State, who had reportedly refused to send senior staff with Trump to India. But Nauert clearly rubbished these reports.

"The State Department was very much involved in helping to facilitate all of these. We have a bunch of people on the ground there," the US spokesperson added.

On the 1500 entrepreneurs from across the world attending the summit, Nauert said, "Our embassies helped in nominating, if I understand that correctly, many of the entrepreneurs from around the world. Picking entrepreneurs saying that we would like to help you get to India to be able to talk about the great work you are doing, the jobs that you are growing."

"Part of the theory behind that is women's empowerment and getting more women into the workforce by helping them succeed in growing companies by finding investors for those companies. So, we are pleased with that, that we brought in 1500 and more than half of those are women," she added.

The three-day summit, which is being hosted for the first time in South East Asia, began in Hyderabad on Monday.

"Technology is a great driver of entrepreneurship because a lot of women are leaving and saying this doesn't work for me. It is emboldening them to go out on their own. It is reducing barriers to starting new businesses, and creating flexibility around the schedule," Ivanka Trump had said earlier in the summit.

Ivanka Trump and the US delegates accompanying her were given a red carpet welcome in India and treated to a variety of Hyderabadi delicacies includingh biryani.

US President Donald Trump's daughter and other delegates of the GES Summit also attended a gala dinner hosted by Prime Minister Narendra Modi at the iconic Taj Falaknuma Palace on Tuesday.

Modi, Telangana Governor ESL Narasimhan, Chief Minister K Chandrasekhar Rao and some top politicians and industrialists dined with Ivanka on the 101-seater dining table at the palace hotel.

Ivanka and the US officials accompanying her were given a 'taste of India' at the extravagant dinner and were treated to famous Hyderabadi specialities like dahi ke kebab, gosht shikampuri kebab, kubani ke malai kofta, murg pista ka salan and sitaphal kulfi.

The five-course meal centred around the cuisine of Hyderabad and was reportedly designed by the Taj Falaknuma’s Executive Chef Sajesh Nair.

Ivanka was given a royal treatment and was ferried from the main gate to the palace atop the hill in a horse-drawn carriage of the Nizam era. She and other guests were greeted with a rose petal shower on entering the palace.

The White House advisor also went around the palace, which was once the residence of the Nizam, the ruler of erstwhile princely State of Hyderabad.

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News Network
February 27,2020

Dubai, Feb 27: Twenty two people have died so far from the new coronavirus in Iran, the official Iranian news agency IRNA reported in a chart it published on Thursday.

The number of people diagnosed with the disease is 141, the chart showed. It did not specify whether those who have died were included in the tally of those infected.

Iranian officials on Wednesday reported a total of 139 cases of coronavirus and 19 deaths.

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News Network
February 21,2020

Washington, Feb 21: Days ahead of his India visit, US President Donald Trump on Thursday said the two countries could make a "tremendous" trade deal.

"We're going to India, and we may make a tremendous deal there," Trump said in his commencement address at the Hope for Prisoners Graduation Ceremony in Las Vegas.

Trump, accompanied by First Lady Melania Trump, is scheduled to travel to Ahmedabad, Agra and New Delhi on February 24 and 25.

Ahead of the visit, there have been talks about India and the United States agreeing on a trade package as a precursor to a major trade deal.

During his commencement address, Trump indicated that the talks on this might slowdown if he did not get a good deal.

"Maybe we'll slow down. We'll do it after the election. I think that could happen too. So, we'll see what happens," he said.

"But we're only making deals if they're good deals because we're putting America first. Whether people like it or not, we're putting America first," Trump said.

Bilateral India-US trade in goods and services is about three per cent of the US' world trade.

In a recent report, the Congressional Research Service (CRS) said the trading relationship is more consequential for India -- in 2018 the United States was its second largest goods export market (16.0 per cent share) after the European Union (EU, 17.8 per cent), and third largest goods import supplier (6.3 per cent) after China (14.6 per cent) and the EU 28 (10.2 per cent).

"The Trump Administration takes issue with the US trade deficit with India, and has criticised India for a range of 'unfair' trading practices," the CRS said.

"Indian Prime Minister Modi's first term fell short of many observers' expectations, as India did not move forward with anticipated market opening reforms, and instead increased tariffs and trade restrictions," it said.

"Modi's strong electoral mandate may embolden the Indian government to press ahead with its reform agenda with greater vigour. Slowing economic growth in India raises concerns about its business environment," CRS said.

As per a fact sheet issued by the Council on Foreign Relations (CFR), trade in goods and services between the two countries from 1999 to 2018 surged from $16 billion to $142 billion.

India is now the United States' eighth-largest trading partner in goods and services and is among the world's largest economies.

India's trade with the United States now resembles, in terms of volume, the US' trade with South Korea ($167 billion in 2018) or France ($129 billion), said Alyssa Ayres from CFR.

"The United States for two years now has set out in stone pretty clearly the things that they wanted to see to try to get an agreement, and it's basically then on India's doorstep on whether they want to take those steps," Rick Rossow, Wadhwani Chair in US-India Policy Studies at the Center for Strategic and International Studies think-tank told reporters during a conference call.

"The list of US asks has been pretty static all throughout. Not to say that any of these things are easy for India to do, but the United States to my knowledge didn't change the goalposts just because we now consider India to be a middle-income country. The things that we wanted to see happen to get this trade agreement have been pretty static all throughout, no matter how difficult they are," he said in response to a question.

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News Network
February 19,2020

Beijing, Feb 19: The death count from China's new coronavirus epidemic jumped to 2,000 on Wednesday after 132 more people died in Hubei province, the hard-hit epicentre of the outbreak.

In its daily update, the province's health commission also reported 1,693 new cases of people infected with the virus.

This brings the total number of cases in mainland China past 74,000.

Most of the cases are in Hubei, where the virus first emerged in December before spiralling into a nationwide epidemic.

Wednesday's jump in the death count was an increase on Tuesday's figures, although the number of new cases reported in Hubei were the lowest for a week.

A study released by Chinese officials claimed most patients have mild cases of the illness.

Outside of hardest-hit Hubei, which has been effectively locked down to try to contain the virus, the number of new cases has been slowing and China's national health authority has said this is a sign the outbreak is under control.

President Xi Jinping, in a phone call with the British prime minister, said China's measures were achieving "visible progress", according to state media Tuesday.

However, the World Health Organization has cautioned that it was too early to tell if the decline would continue.

On Tuesday the director of a hospital in the central Hubei city of Wuhan became the seventh medical worker to succumb to the COVID-19 illness.

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