John Kerry calls for greater Indo-US economic ties at Vibrant Gujarat Summit

By: | Updated: January 11, 2015 7:14 PM

US Secretary of State John Kerry today called for greater Indo-US economic ties and said initiatives like 'Make in India' and 'Sabka Saath, Sabka Vikas' can be turned...

John Kerry, John Kerry Vibrant Gujarat, Vibrant Gujarat SummitUS Secretary of State John Kerry today called for greater Indo-US economic ties and said initiatives like ‘Make in India’ and ‘Sabka Saath, Sabka Vikas’ can be turned into a win-win situation for the “planet as a whole”. (Reuters)

Terming it as a perfect time to tap “incredible possibilities” between India and the US, Secretary of State John Kerry today said programmes like ‘Make in India’ can be a win-win situation for the entire planet.

Showering fulsome praise on Prime Minister Narendra Modi at the Vibrant Gujarat Summit here, Kerry also said he has been very much impressed with his ‘Sabka Saath, Sabka Vikas’ campaign and suggested emulating this “pretty good slogan” at the global as well as at Indo-US levels.

He also referred to Modi’s journey “from a young man who sold tea right by the rail road here in Gujarat to the PM’s residence on the Race Course Road”, while talking about changing political and economic situation in India.

“We join with you celebrating extraordinary new chapter of India that is being written today,” he said at the biennial global business summit inaugurated this morning by Modi.

On ties between the two countries, Kerry said, “The moment has never been more right to tap the incredible possibilities between India and the US.” He added that the economic partnership is already getting stronger by the day.

“I was very taken during PM Modi’s campaign ‘Sabka Saath, Sabka Vikas’, participation of all for development of all. That sounds like a pretty good slogan for all of us to adopt, and if we adopt it we can get the job done.”

“We will turn Modi’s ‘Make in India’ initiative a win-win opportunity for the planet as a whole,” he said.

Kerry also said that President Barack Obama was “very excited” to be the first US President to be the chief guest at India’s Republic Day celebrations later this month.

“And he will the first sitting US President to visit India twice while in office,” Kerry said.

Referring to the terror attack in Paris last week, Kerry said no act of terror will ever stop “the march of freedom” and the entire world is with the people of France, not just in “anger and outrage” but in “solidarity and commitment” to the cause of confronting extremism.

Annual trade between goods and services between US and India has grown nearly five-fold since 2000. Bilateral FDI now stands at nearly USD 30 billion, Kerry said.

“…I want to ensure that our economic relationship grows stronger in every respect. We share PM Modi’s goal of increasing our countries annual trade five-fold in years ahead and we want to expand our commercial ties …we can take this relationship to the new heights that we envision,” he said.

India and the US have a common responsibility, together with other country partners, to prove that democracies can deliver for their citizens, he said.

Flagging concerns over climate change, Kerry said it was affecting crop production, economy and raising cost of doing business.
“…believe me if it continues down the current trend line we will see climate refugees, fighting each other for water and seeking food and new opportunities,” he said.

Stressing sustained energy policy to fight climate change, he said India government has now committed to greatly expanding wind resources, make agricultural systems more resilient and increase its national solar mission five-fold.

“Together we can create an environment where all companies play a leading role in bringing cutting edge technology, equipment and capital know-how not just to India, but countless countries that need this growth and development,” he said.

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