<\/p>\n
News<\/span><\/b>: The four-nation <\/span>Quad summit<\/span><\/b> is going to be held in Japan. The leaders will meet in-person. The US President and Prime Minister of India are going to meet in-person and have talks on bilateral relations.<\/span>\u00a0<\/span><\/p>\n Both countries have acknowledged that there is a <\/span>\u201cgrowing strategic convergence<\/span><\/b>” between India and the US. For example, China.<\/span>\u00a0<\/span><\/p>\n Both democracies have security concerns over <\/span>Beijing\u2019s muscle-flexing<\/span><\/b> in the Asia theatre. Both are working to check this threat.\u00a0<\/span>\u00a0<\/span><\/p>\n New Delhi\u2019s position on Russia. Our stance has not been condemned outright by US politicians.<\/span>\u00a0<\/span><\/p>\n Both nations have neglected <\/span>mutual engagement<\/span><\/b> in the critical area of economic relations. Both have not joined any <\/span>large<\/span><\/b> and <\/span>meaningful trade pact<\/span><\/b> in Asia.\u00a0<\/span>\u00a0<\/span><\/p>\n The US walked out of what is now known as <\/span>the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP)<\/span><\/b>, and India walked out of the <\/span>Regional Comprehensive Economic Partnership <\/span><\/b>(RCEP). China is a member of both. Therefore, it would help China to consolidate its position as Asia\u2019s predominant economic and trade powerhouse.<\/span>\u00a0<\/span><\/p>\n India-US relationship is also shadowed by India\u2019s strong relations with Russia and India\u2019s position on Russian invasion of Ukraine.\u00a0<\/span>\u00a0<\/span><\/p>\n India\u2019s neighbourhood concerns and energy vulnerability should be handled through <\/span>India\u2019s strategic autonomy<\/span><\/b> on its geopolitical position.<\/span>\u00a0<\/span><\/p>\n The US announced for the <\/span>Indo-Pacific Economic Framework (IPEF)<\/span><\/b>, for its renewed trade thrust in the Indo-Pacific region. It would include four pillars: (1) fair and resilient trade, (2) supply-chain longevity, (3) infrastructure (including clean energy) and tax and (4) anti-corruption measures. The IPEF will involve \u201c<\/span>fairness<\/span><\/b>” over labour issues.\u00a0<\/span>\u00a0<\/span><\/p>\n The glue of cooperation for <\/span>mutual benefit i<\/span><\/b>nvariably lies in <\/span>economic partnerships<\/span><\/b>. Therefore, the US should come up with greater clarity on the IPEF.\u00a0<\/span>\u00a0<\/span><\/p>\n Source<\/span><\/b>: The post is based on an article \u201c<\/span>Our own-speed ties with the US need convergence<\/span><\/b>\u201d published in the Livemint<\/strong> on 2<\/strong><\/span>nd<\/strong> May 2022<\/strong>.<\/span>\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" News: The four-nation Quad summit is going to be held in Japan. The leaders will meet in-person. The US President and Prime Minister of India are going to meet in-person and have talks on bilateral relations.\u00a0 What is the convergence of interests between India and the US?\u00a0 Both countries have acknowledged that there is a… Continue reading Our two-speed ties with the US need convergence\u00a0<\/span><\/a><\/p>\n","protected":false},"author":10328,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10501],"class_list":["post-182544","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-live-mint","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704951097},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/182544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10328"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=182544"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/182544\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=182544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=182544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=182544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What is the convergence of interests between India and the US?<\/span><\/b>\u00a0<\/span><\/h5>\n
What are the challenges?<\/span><\/b>\u00a0<\/span><\/h5>\n
Way Forward<\/span><\/b>\u00a0<\/span><\/h5>\n