Visiting Secretary of State John Kerry on Monday stressed that both the United States and India are heavily invested in the bilateral relationship.
Speaking at the Vibrant Gujarat Summit, Kerry said, “This is the moment when (the world’s) oldest democracy and largest democracy are capitalising on connections between each other.”
“During my discussions with Prime Minister Narendra Modi and other officials, we reviewed the progress of our economic relationship and how to take it ahead,” the US leader said.
“We can do more to enhance this economic relationship and we’ll continue to work on it, both of us,” he added, noting that US investments in India have risen from USD 2.4 billion to 28 billion.
“Investing in each other’s success is in the interest of both the countries,” he stated.
Kerry further said that both the US and India are “strengthening our cooperation to fight terror, piracy and tackle weapons of mass destruction”.
Kerry said Barack Obama was “really happy to be the first US President to be visiting India twice”. It may be noted that President Obama will by the Chief Guest at the Republic Day parade on January 26.
Kerry said the US was committed to working with India to reach a landmark climate change agreement in Paris at the end of this year.
“I know this will be a topic of conversation between President Obama and PM Modi during the former’s visit to India.”
Kerry said the US was ready to assist t achieve PM Modi’s vision of supplying 24×7 power to poorest communities of India.
“We believe we could do a great deal to fulfill that goal,” the US secretary of state told the summit.
Kerry said he was impressed by the Vibrant Gujarat Summit.
“I am impressed by what I have seen, energy, the possibility of engagement and entrepreneurial activities,” Kerry said.
Stating India needs a great deal of infrastructure development, the US leader said “this kind of gathering, focus on increasing accountability will have an impact on whether or not to invest (in India).”
He said PM Modi made his reputation in Gujarat by bringing in efficiency and faster decision-making.