🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

India expects policy continuity with US regardless of election outcome, official says

Published 11/06/2024, 04:03 AM
Updated 11/06/2024, 04:09 AM
© Reuters. FILE PHOTO: India's Chief Economic Adviser V. Anantha Nageswaran attends a news conference in New Delhi, India, January 31, 2023. REUTERS/Adnan Abidi/File Photo

By Xinghui Kok

SINGAPORE (Reuters) - India expects "policy continuity" with the United States no matter what the result is in the U.S. presidential election, the country's chief economic adviser told Reuters.

India's Chief Economic Adviser V. Anantha Nageswaran was speaking to Reuters in Singapore just as Republican Donald Trump declared victory in Tuesday's election.

"To a large extent, it will be policy continuity either way. So there'll be variations by degrees," Nageswaran said.

"We will deal with whoever America chooses to elect as president."

Nageswaran said he expects economic relations with U.S. also to remain steady.

© Reuters. FILE PHOTO: India's Chief Economic Adviser V. Anantha Nageswaran attends a news conference in New Delhi, India, January 31, 2023. REUTERS/Adnan Abidi/File Photo

In September, Trump called India a "very big abuser" of the trade relationship between the two countries, but softened the blow by saying Prime Minister Narendra Modi was "fantastic."

Democratic President Joe Biden's administration rolled out the red carpet for Modi in June last year, touting deals in defence and commerce.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.