U.S. calls for more investment-friendly Indian government


  • World
  • Thursday, 17 Apr 2014

Supporters of Hindu nationalist Narendra Modi, prime ministerial candidate for India's main opposition Bharatiya Janata Party (BJP), hold the party's symbol during an election campaign rally addressed by Modi in the southern Indian city of Chennai April 13, 2014. REUTERS/Babu

WASHINGTON (Reuters) - The United States on Wednesday urged the Indian government that emerges from ongoing elections to follow economic policies that encourage investment, saying Washington would like to see bilateral trade grow to $500 billion (297.5 billion pounds) a year.

Nisha Biswal, U.S. assistant secretary of state for South and Central Asia, said future economic growth in South Asia hinged on India as the region's growth engine.

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