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US working hard on Indian economy, says Pompeo
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US working hard on Indian economy, says Pompeo

Pennews

The United States is 'working hard' with the Indian government to provide the country with opportunities to grow its economy as a part of the Trump Administration’s Indo-Pacific strategy, the Secretary of State, Mr.  Mike Pompeo, said on Tuesday.

'Our Indo-Pacific strategy is well on its way to bearing fruit for not only them but for the US, and we have watched these coalitions build out. We’re working hard with the Indian government to provide them with opportunities to grow their economy as well,' Mr.  Pompeo told reporters accompanying him on a tour to the Indo-Pacific region.

Mr. Pompeo’s remarks come weeks after a delegation of the US Trade Representatives traveled to India for talks on a wide range of bilateral issues, in particular tax and tariffs.

Earlier, the Indian Ambassador to US, Mr.  Harsh Vardhan Shringla, said in Colorado that trade between the two countries had grown to  142 billion dollars in 2018, and is expected to reach 238 billion dollars by 2025.

He said the next stage of growth would be driven by the small and medium-sized enterprises (SME) in both countries.