Indian PM Prepares US Goodwill Tour

The flags are ready, the stadium is too. The dinner with the Fortune 500 CEOs is scheduled, and so is the one-on-one with president Obama.

Narendra Modi, the prime minister of India, will be welcomed in New York on Wednesday with much goodwill – but also increasing doubts about his ability to deliver promised reforms in the emerging south Asian power.

If attention in the White House, on Capitol Hill and in the US media is directed elsewhere – to the Middle East, the visits of the Chinese premier, Xi Jinping, and the Pope – the focus of the media in India is not. Modi’s second visit to the US while in office is already generating frontpage headlines and leading bulletins.

For between meetings in New York, Modi, who has been in power for nearly 18 months, will tour Silicon Valley, meet the aristocracy of internet entrepreneurs and address a colourful, noisy rally for members of the Indian diaspora. It is the first visit of an Indian prime minister to the west coast for more than three decades.

More than 40,000 people have applied for 18,500 places at an event in San José, in the heart of Silicon Valley, on Sunday evening.

via The Guardian

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.