On Visas, Expect Biden Administration to be Less Restrictive Than Trump
Editor's note: Arun K. Singh joined the Trading India chatroom on Refinitiv Messenger on November 11, 2020 to discuss how a Biden presidency would affect India. Below is his conversation with Savio Shetty, Editor of Trading India.
Q: Where do you expect the next big breakthrough to happen in India-U.S. relations? Is it going to be defence, trade and/or investment?
A: I think we should focus not so much on the next breakthrough as such but sustaining the current trend of the relationship. A lot of progress has happened in defence and security co-operation, that should be taken to the next level. New areas of cooperation should be explored in the economic domain, particularly in new technology areas such as AI, quantum computing, cyber security, digital and in enhancing the complementarity in IT and pharmaceuticals.
Q: Trade remains a big area of dispute between the two countries. How will that play out in the Biden administration?
A: It will be more helpful to go beyond the existing patterns of production. That tends to bog us down in market access based on present capacity, where there are existing competing interests on both sides. It would be better for the government and industry on both sides to get involved in a deep dive discussion on building new complementarities in emerging technology areas that I have referred to above. This would create new opportunity, new synergies in the economic relationship, and give a firmer Geo-economic basis to the significantly consolidating geo-strategic partnership.