US and India Hint at Deeper Economic Collaboration

President Barack Obama and India’s new Prime Minister Narendra Modi touted the potential for deeper economic collaboration between the world’s two largest democracies Tuesday, while seeking to address concerns that they have grown apart.

Following an Oval Office meeting, Obama praised Modi for his energetic approach to addressing India’s challenges since taking office in May. He singled out in particular the prime minister’s focus on addressing “the needs of the poorest of the poor,” as well as making India a source of peace and stability in the region.

Modi said the U.S. and India had a multitude of common economic priorities and pressed Obama to make it easier for Indian services companies to access American markets.

CNBC

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