Immediate business returns, with more domestic manufacturing and a sense of unfairness—these are the possibilities that India's Minister for External Affairs sees for the US after President-designate Donald Trump takes charge again.
Speaking at Assocham's Bharat@100 Summit, ‘Fuelling Bharat's Global Rise, Jaishankar said there are certain things that the world is expecting.
"What he did in Trump 1.0 is some basis, but it might not be exactly like that... Firstly, we believe we will see stronger commitment in America towards manufacturing. Secondly, we could have to change the terms of engagement since there is a belief that America's partners have been unfair to America.... Thirdly, we could see a more business-like America that's looking at more immediate results," he said.
He said the way to deal with America will mean to align both countries' interests via messaging.
"There will be a need to work out a political relationship with America under Trump 2.0. Trump has had a positive political view on India... Like everyone, we'll have issues, and we'll deal with them. Many countries are looking at Trump 2.0 as a political challenge, but we're not. We're in an advantageous position in how to convert Trump 2.0," he said.
Further, EAM Jaishankar added that India is seeing a lot of interest, on the back of sustainable policies, 7-8% consistent growth, and branding events such as Chandrayaan.
"The world is interested and wants to deal with us. We have to make it easier, profitable, and mutually advantageous. The world is a competitive place, but overall, the interest in India is growing. We are going to get a lot of window shopping, but it's our job to get them from the window and make them a customer," he said.
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