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Thursday, December 26, 2024

USIRC urges USA, India to forge economic partnership resilient to deep-state regime

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The United States-India Relationship Council (USIRC) urges for a resilient, trusted, hassle-free, and robust business partnership between the United States and India, amidst extraneously vitiated business environs.

As the United States and India are two big countries, two great polities, two reputed value systems, two mature democracies, and two big economies as well; together, these two nations constitute almost one third of the global nominal GDP, and hold the potential to scale up fast towards half of the global nominal GDP.

They also have the potential to lead the global economy in a fair and just manner, based on their common values like commitment to freedom, openness and merit.

This is the very reason for these two being the eyesore for monopolistic globalist powers.

Two such countries do and can grow together and make the world grow along with. Free Trade Agreements (FTAs) are not the sole means. Though FTAs can boost bilateral trade, FTAs can also lead to skewed bilateral trade impacting relations adversely later if not sooner.

There are many other ways in which the US and India are partnering, and can sustainably partner for mutual and global growth.

The USA and India have different profiles in terms of skill sets and vantage positions in different sectors, that can be leveraged to complement and supplement each other.

India is fast emerging as a manufacturing hub, and on the other hand, supply chain monopoly is one of the biggest concerns for the United States as of now. This provides the scope for complementarity between the two great economies.

India is rapidly emerging as an infrastructure, IT and mining player of reckoning. It has made marks across continents. Pragmatic American investors have a golden opportunity to partner with the Indian giants of these sectors.

In defence, the United States is an R & D forte with an edge, while India is aspiring to scale up its defence manufacturing. US technology can assist India have strong bulwark for its defence preparedness against monopolistic dictatorial regimes around its territory, and in the Indo-Pacific region. This can also help India emerge as a reliable partner in defence manufacturing for the free world, specifically the open countries in the Indo-Pacific, and for certain needs of countries like Israel.

The Indian economy, with its buoyant listed companies, has an unmatched entrepreneurial spirit, free of shackles like diversity, equity and inclusion. This may be very attractive for the prudent American investor community willing to promote merit based daring Indian enterprises competing with monopolistic exploitative state entities of dictatorial expansionist regimes.

The United States and India have different diplomatic positions in today’s geopolitical landscape, and this can also be leveraged for the growth of business for all.

To sum up, the US-India economic partnership has a lot to offer, not only for the two nations, but also for the entire world.

In today’s surcharged loaded volatile environs vitiated by extraneous forces, the USIRC urges the two governments, two business communities, two investor communities, and two peoples at large, to forge a strong and dynamic, as well as resilient and trusted economic partnership.

This partnership ought to be free of hassles and free of the so-called extraconstitutional undemocratic deep state and bureaucracy-mooted frivolous restrictions and ploys, to boost the global economy. This partnership ought to shield the global economy from mala-fide intentions of the anti-freedom deep state and dictatorial monopolistic opaque regimes.

The expansionist regime is vying to enslave the free world by trade wars and economic warfare, by debt trap, by grabbing and monopolizing the resources and supply chains, by demolishing upcoming enterprises navigating risky and turbulent parts of the world devoid of level playing fields, and last but not the least, by harming the prudent investment communities.

At this vitiated juncture, such a partnership is the need of the hour. Enterprises and Investors must be provided with a fair statutory framework, predictable taxation systems, and robust protection with commitment for ease of doing business to grow as fast as they can. This will help them lift up the living standards of the two peoples and the entire humankind.

The world needs to be saved from the sinister onslaughts of globalist forces.

Sonakshi Datta
Sonakshi Datta
Journalist who wants to cover the truth which others look the other way from.

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