Ties between the two nations followed by the“India-Idea Summit,”, Blinken mentions the “unique connections” between the two countries.
Edifying the ties between the two nations the “India-Idea Summit” happens, while addressing the country and Indian participants in the summit. Antony Blinken, the State Secretary, mentions the unique relationship that has existed between the two countries in the past and present and will continue to prevail more healthily in the upcoming year.
Both the country and the United States of America enjoy a healthy relationship, with each having a global strategic relationship. However, the two countries do face several challenges due to the dynamic relationships between them.
The India-Idea Summit is organised by the US-India Business Council. The summit is organised to strengthen diplomatic and bilateral ties between both countries. During the event, the State Secretary of the United States of America, Antony Blinken, India’s Minister of External Affairs, S. Jaishankar, and India’s Ambassador to the United States of America, Taranjit Singh Sandhu, mentioned the transformation of India as a phenomenal change.
Starting the delegation, the state secretary of the United States of America. He starts with the relationship between the United States of America and the country, how they are playing an important role in shaping the global world and its dynamics. Both countries are putting their best efforts into solidifying the relationship. He further pays his deep condolences to the victims of the Odisha train crash. He further pays heed and gives condolences on behalf of the whole population of the United States of America.
The summit talks about the need to improve the relationship between the U.S. and the world’s largest and oldest democracy. It mentions the need for advanced transparency between the two countries to have a more clear relationship, the need to promote market access between both countries to edify the ties through trade, and the need to strengthen the respective democracies.
Strength of the relationship
Both countries enjoy mutual trade benefits. The United States of America has become the country’s largest trading partner, with a total trade aggregate of $91 billion in 2022. India is investing in the U.S. in terms of the pharma and IT sectors. With a total of $4 million from the India-U.S. diaspora.
Both countries do have a partnership as global strategic partners. They both have common democratic values, resulting in convergences in both bilateral and regional relationships. Both of the countries conduct political activities to edify both diplomatic and cultural ties. In this queue, high-level visits between both countries are worth mentioning. There are also other platforms for the same, such as India-US-Japan trilateral meets, QUAD summits, etc.
Challenges in the relationship
Both countries face several challenges when it comes to the present dynamic global scenario. India’s close ties and dependence on Russia when it comes to defence supplies have turned out to be a loophole in the relationship, which has further led to CAATSA (Countering America’s Adversaries Through Sanction Acts). Several economy-related challenges arise when it comes to mini-trade wars between countries and the scenarios of Cold War Generation 2.
There have been challenges regarding the country’s high trade barriers, which have been stepped up to protect India’s domestic market but foster challenges between both countries. Not only this, but the U.S. put a cap on the issuing of H-IB visas, which had been turning into a root cause of conflict among the IT professionals in the country’s native in America.
Hence, solving the issues between the two countries through mutual agreements and taking a negative stance on the issue of Russia can prove beneficial for both countries. This will not only help both countries develop each other but will also help India have majority control over the Indo-Pacific region.