Ultimately, however, Modi's No. 1 priority will be to grow India's economy, and that doesn't hinge solely on foreign investment. Great gains are to be made in cutting red tape, tackling corruption and creating jobs to tap the vast growth potential of India's youthful population. If Modi succeeds in that task, the greatest beneficiaries will of course be Indians but it will also create a rising tide, lifting the United States and the rest of the world.
Crucially, Kerry talked about boosting trade between the two nations from $100 billion to five times that amount a surge that would rank India as a bigger trading partner than France, the United Kingdom, Germany or Japan.
Can John Kerry friend India's Modi
One particularly vexing example is India's handling of the World Trade Organization talks. While most economists agree on the need for speeding up global trade, India Air Max In Box
stance. It may turn out to be yet another hurdle in the relationship.
World leaders tend to have a wonderful way of exaggerating friendships in public. Everyone is a best friend, a special relation, an age old ally. Even so, in politics, rhetoric is important; it is certainly a first step Air Max Shoes Green toward repairing relations. In fact, one of the goals of Kerry's visit is to lay the groundwork for an even more important visit: when Modi visits the United States in September and meets Obama. There, too, one can expect all the rhetorical niceties of political getting to know one another.
Behind the scenes, Kerry will no doubt pressure Modi to reverse his Air Max Shoes Amazon
Kerry will know all too well that what is good for Modi and India, will likely be good for Washington as well. At a time when all the world seems like a mess, there are few losers and many winners if the world's two biggest democracies make nice and hit the reset button.
Some are wondering whether he's been too slow off the blocks. A Bloomberg View editorial says "optimism over Modi is evaporating fast." The Indian Express columnist Pratap Bhanu Mehta wonders whether Modi's government has already lost a sense of credible control.
supported by the likes of Bolivia, Cuba and Venezuela emerged as an unlikely roadblock to a global deal last week, seeking instead to retain the ability to stockpile and subsidize grain. Analysts say it was likely a play by Modi to secure farmers' support in rural India.
India's business leaders smell opportunity and success. Modi's challenge will be to convert that bullishness into results.
forming this century's "defining partnership." For an address that was played out on television screens across India, Kerry cleverly ticked off the key boxes: he praised new Prime Minister Narendra Modi and spoke repeatedly of two confident nations that were "natural partners . connected by core values."
have? Can it finally live up to expectations?
According to one survey by the networking site LinkedIn, no other country's business leaders are as positive about the global economy as India's. Some 71% of senior business leaders in India expect an improvement in the global economy, up from 51% before Modi was elected in May. By comparison, only 44% of American business leaders and 26% of French business leaders are positive about the world economy.
But very soon both sides will also want to see deliverables. That's where things might get tricky. unlike Japan, for example does not have a large pool of government money to invest in India; the real money needs to come from private investors, over which Washington has little control. The key, then, will be whether India can make itself an attractive destination to grow money. Can India become an easier place to do business? Can it truly open up the way many other Asian nations Air Max 95 Chili
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