India has this leadership.

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The economic path in India still gains strong praise from global leaders. American Trade Minister Howard Lootnick praised the country’s growth story and highlighted the unique spirit of the initiative that leads it forward.

“India has an unusual economy. What makes the great economy is to define people. What I know about India, and for this time. For this reason their economy will always grow,” Lottennik said in a recent statement.

Lootnick, who is also the CEO of Cantor Fitzgerald, stressed that the India mixture of ambition, innovation and implementation distinguishes it. “You can do things in India that you cannot do anywhere else,” he pointed out, referring to the vast digital transformation, the ecosystem for starting operation, and the cooperation between the public and private sectors that operate in the economic expansion of India.

However, Lootnick said that some recent geopolitical decisions in India – such as its continuous military relations with Russia and align with the BRICS – have not decreased well with the United States. Speaking in the eighth edition of the US leadership summit for strategic partnership (USSPF), Lootnick said that these moves were “the United States in a wrong way”, even when it hit an optimistic tone about the future of bilateral relations.

“The Indian economy is unusual, your human capital is amazing, and your growth rate is amazing. However, as you know, there were some things that the Indian government did that generally drowned the United States in a wrong way,” Lotney said, recognizing both admiration and frustration.

He specifically referred to India’s long defensive purchases from Russia. “This is a way to reach some extent under the skin of America,” Lotenick said, but added that India is now turning towards the military equipment of the American Authority-a step that it believes can significantly improve the bilateral relations.

Lootnick also informed the role of India in the Brex Bloc (Brazil, Russia, India, China and South Africa), which was exposed to reducing dependence on the US dollar. He said: “This is not the way to make friendships and influence people in America,” which indicates that such situations can press relationships.

However, Lootnick emphasized that both sides are active through these issues. He said: “Place it on the table, handle it directly, and solve it directly, and reach a really good place. I think this is the place we are in,” noting that former US President Donald Trump holds India in great appreciation and believes that the two countries are ready for a strong partnership.

Lutnick alluded to the possibility of a trade agreement for the United States in the near future, saying that both sides “put the right people” finally at the negotiating table. He said, “You must expect a deal between the United States and India in the non -far -long future,” describing the atmosphere as “very optimistic.”

He also called the high tariff in India as an obstacle. “India is very protectionist with customs tariffs. They have a 100 % tariff on this, and 100 % tariffs on it. If I ask them why, the answer is,“ I don’t know why. “Only”, note Lottenic. He suggested that rationalizing these definitions can pave the way for a balanced and stress -free commercial relationship.



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