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US Senator lauds India’s innovation, strategic potential

Neera Tanden, Domestic Policy Advisor to President Biden spoke with Ambassador Tim Roemer, the former US envoy to India and USISPF Board Member…reports Asian Lite News

At the VII Annual Leadership Summit hosted by the US-India Strategic Partnership Forum (USISPF) in Washington, DC, US Senator, Dan Sullivan highlighted India’s “untold” narrative of innovation and strategic promise.

He underscored the need to amplify India’s achievements and stressed the potential for deeper collaboration between the world’s oldest and largest democracies.

The US-India Strategic Partnership Forum (USISPF) hosted its VII Annual Leadership Summit in Washington, DC on Monday. The Summit was the first high-level US-India dialogue post-India’s General Elections and touched on themes of the enduring friendship between the United States and India and elevating the most important strategic partnership of the 21st century, according to an official release.

The Annual Leadership Summit brought together a distinguished cohort of eminent individuals, from policymakers to prominent business leaders, high-ranking political figures, senior officials, and key stakeholders from both countries.

USISPF President and CEO Mukesh Aghi kicked off proceedings and welcomed everyone for the first in-person USISPF DC summit post the pandemic.

John Chambers, Chairman of USISPF, Chairman Emeritus of Cisco, and Founder and CEO, of JC2 Ventures spoke about collaboration and the future of technology and said, “AI will be the most fundamental change in the future. AI will disrupt every business and every country. This is the chance for our countries to come together”.

Chambers later sat down in conversation with Republican Senators, Steve Daines (R-MT), and Dan Sullivan (R-AK). Senator Daines echoed the strength of the relationship and a special Montana-India partnership in agriculture and said that the state of “Montana is the number one in pulse crops. So, we are working with the Indian government to reduce tariffs. India is the number one consumer of pulse crops, and Montana is the number one producer. So, there is a natural relationship.”

Senator Sullivan echoed Senator Daines’ message on strengthening the partnership saying the “story of India is under-told. We need to get the story out there. From my visits to India, I can see the tremendous innovation there. The vision for the world’s oldest and world’s largest democracy to do much more strategically together.”

Senior White House Official, Jon Finer, Principal Deputy National Security Advisor spoke with Tucker Foote, Executive Vice President of Mastercard, according to the release.

Neera Tanden, Domestic Policy Advisor to President Biden spoke with Ambassador Tim Roemer, the former US envoy to India and USISPF Board Member.

In a fireside chat, Tanden highlighted the importance of the people-to-people connection and the role of the diaspora in shaping the contours of the US-India strategic partnership. She said, “I started my career at the Clinton White House. Back then, there were only a handful of Indian-Americans in the Executive Office of the President. Today, I feel fortunate to be one of the many Indian Americans advising the President”.

Tanden added, “The values that we share between the United States and India in entrepreneurialism, innovation, and education and the convergence of these values is what allows so many Indians who come to the US and innovate and become leaders in their chosen fields”.

Ambassador Sripriya Ranganathan, Charge d’Affaires at the Indian Embassy in Washington, DC, in her address stated, “We need to have our companies working closely on the very areas that we have prioritised. That will determine our success in the coming century. In fields like defence, space, communications, and biotech, our companies must see each other as partners of first choice.”

USISPF honoured Henry R Kravis, Co-Founder and Co-Executive Chairman of Kohlberg Kravis Roberts & Co LP (KKR), with its 2024 Global Leadership Award for his unwavering commitment to enhancing the US-India relationship. Under Kravis’ leadership, KKR has emerged as one of the largest investors in India and has invested over USD11 billion over the past two decades across an eclectic mix of sectors, creating thousands of jobs and contributing to the growth of the Indian economy, the release also said.

“I am thrilled to accept this honor and grateful for the recognition,” said Henry Kravis, adding, “India has long been a key market for KKR due to its impressive growth, dynamic population, and innovative entrepreneurs and businesses community”.

Kravis was in conversation with USISPF Board Member, Arvind Krishna, Chairman and CEO of IBM, and spoke about why he is bullish on the India growth story. ‘India is a terrific country to do business in. There are a lot of opportunities there with 860 million on the Internet and a lot of innovative entrepreneurs,” he said.

USISPF’s VII Annual Summit took place as the US National Security Advisor (NSA) Jake Sullivan visited New Delhi for the initiative for Critical and Emerging Technology (iCET) dialogue and met with Prime Minister Narendra Modi, External Affairs Minister, S Jaishankar and his counterpart, the Indian NSA, Ajit Doval.

USISPF’s Summit was attended by close to 300 people, including USISPF Board Members, members, U.S. Government officials, and Embassy of India staff, as well as fraternity from the media, think tanks, academia, and non-profits.

The US-India Strategic Partnership Forum (USISPF) is committed to creating the most powerful partnership between the United States and India. As the only independent not-for-profit institution dedicated to strengthening the U.S.-India partnership in Washington, DC, and in New Delhi, USISPF is the trusted partner for businesses, non-profit organisations, the diaspora, and the governments of India and the United States, the official release stated. (ANI)

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Michael Miebach joins USISPF Board of Directors

Miebach’s appointment comes at a time when Prime Minister Narendra Modi is on an official visit to the US on the invitation of President Joe Biden and First Lady Jill Biden…reports Asian Lite News

The US-India Strategic Partnership Forum (USISPF) has announced the appointment of Mastercard CEO, Michael Miebach, to its board of directors.

Miebach said that in his new role he looks forward to working with the top advocacy group focused on strengthening India-US partnership in Washington, and hopes to build strategic, commercial, and people-to-people ties between the two nations.

“USISPF is a critical forum for business and government leaders to come together and drive the next phase of growth in the US-India partnership. I believe the relationship between our two countries will define the future of the global economy and shape our ability to tackle the most pressing global challenges together,” Miebach said in a statement.

“I look forward to working with USISPF to build the strategic, commercial, and people-to-people ties that will serve as the bedrock of the US-India partnership in the 21st century,” he added.

Miebach’s appointment comes at a time when Prime Minister Narendra Modi is on an official visit to the US on the invitation of President Joe Biden and First Lady Jill Biden.

Welcoming Miebach’s confirmation to the Board, USISPF president and CEO Mukesh Aghi said: “Michael has been a true champion of digital economy cooperation between the United States and India, helping drive cutting-edge innovation that powers commerce and societies in both countries.”

The USISPF said that Miebach’s additionAto the board reflects a consistent commitment from the senior-most levels of Mastercard to strengthen the US-India corridor and trade and commercial relations between the two countries.

“Mastercard’s steadfast commitment to financial inclusion and digital transformation is a model for the private sector — both in the US-India corridor and around the world. I look forward to continuing our partnership with Mastercard and engaging with Michael as a USISPF Board Member,” he said.

Mieback, a Master of Business Administration from the University of Passau in Germany, joined Mastercard in 2010 to lead its Middle East and Africa operations.

He is a member of The Business Roundtable, The Business Council, the US-India CEO Forum, the International Advisory Panel of the Monetary Authority of Singapore, and The International Business Council of the World Economic Forum.

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Garcetti confirmed as US envoy to India

The Senate Foreign Relations Committee voted 13-8 to approve his nomination last week, setting up a vote by the full 100-member senate…reports Yashwant Raj

Eric Garcetti was confirmed as the next US Ambassador to India on Wednesday, ending a logjam that had left an important American mission abroad without a regular envoy for almost two years and his fate in the balance.

The US Senate confirmed him in a 52-42 vote with cross-voting from both parties, with several Democrats voting against Garcetti, a nominee of the Democratic President Joe Biden, and several Republicans siding voting for him.

Garcetti, a former Mayor of Los Angeles, was once a rising star in the Democratic party, but had had come under severe criticism lately for ignoring complaints of sexual harassment against one of senior aides. His nomination had been stalled over these allegations, which came up during his confirmation hearing.

President Biden had first nominated him in July 2021, but it did not proceed and it was technically deemed as returned to the White House, to either be re-sent or replaced.

The Biden White House sent back the nomination this January when the new congress went into session, demonstrating the administration’s unwavering backing for him, which, it was noted, will hold him in good stead by those who may tend to consider him damaged because of the protracted fight over his confirmation.

Garcetti’s re-nomination had run into fresh trouble in February when Republican Senator Marco Rubio announced a hold on it along with a bunch of others, including Rich Verma, who has been named to be a Deputy Secretary of State, and Geeta Rao Gupta as Ambassador at large for global women’s issues.

The Senate Foreign Relations Committee voted 13-8 to approve his nomination last week, setting up a vote by the full 100-member senate.

With Garcetti’s nomination stalled and the Biden administration refusing to name a nomination, observers of the bilateral relationship wondered if this was a manifestation of a deeper problem between India and US, because this was possibly the longest America has not had an ambassador in New Delhi.

This prolonged period of no-ambassador also coincided with extraordinary delays in issuance of US visas in India, with the waiting period for first-time applicants for business and tourism visas reaching two years at its worst (it’s been cut down considerably now).

Relations between the two countries were in an overdrive with President Biden putting the Quad front and centre of his Indo-Pacific strategy early in his administration, resulting in several virtual and in-person meetings bilaterally with Prime Minister Narendra Modi and multilaterally, with counterparts from Japan and Australia.

At his confirmation hearing, Garcetti had vowed to “double-down on our efforts to strengthen India’s capacity to secure its borders, defend its sovereignty, and deter aggression” — music to ears on Raisina Hill but he also plans to raise thorny issues such as the Indian purchase of the Russian S-400 air defence missile system, human rights, and democratic values.

Garcetti was once widely expected to run for White House, given his credentials: Hispanic descent, top Democratic operative, a top operative in a presidential campaign, Rhodes scholar at Oxford and alumnus of London School of Economics. Fifty one-year-old Garcetti is close to the White House and was once considered a potential member of the Biden cabinet but the same allegations that came up during his confirmation hearing had come in his way.

USISPF, USIBC congratulates new envoy

The United States-India Strategic Partnership Forum and US-India Business Council congratulated the former mayor of Los Angeles Eric Garcetti on his confirmation as the next envoy to India.

In the statement, USISPF President and CEO Mukesh Aghi said Garcetti, who had led Los Angeles, one of the most vibrant cities in the world, would understand that working with all stakeholders will be essential in moving forward the most significant relationship of the 21st century, the US-India partnership. The statement came after the US Senate confirmed Garcetti to be the US ambassador to India with a vote of 52 to 42.

“Eric has a deep understanding and affection towards India and the Indian people, and I have no doubt he will hit the ground running when he lands in Delhi. Eric brings the humility of a great leader who is constantly looking to improve and make a difference. He is also a big-picture guy!” the statement read.

“We want to thank Senator Major Leader, Senator Schumer, for bringing this critical vote to the Senate floor. The US and India partnership is a bipartisan priority. We have much to accomplish in 2023 and beyond, starting with the Quad Summit, a potential State visit, and a list of G-20 activities. USISPF is proud to support Ambassador Garcetti in his new role and wishes him all the success,” the statement added.

“The U.S. India Business Council is pleased that the Senate has confirmed Eric Garcetti as the U.S. Ambassador to India. As the world’s largest democracy and fastest growing large economy, India is an essential partner to the United States as it seeks to bolster its strategic, technological, and economic leadership in the Indo-Pacific,” said Ambassador Atul Keshap, President of USIBC.

“I wish Ambassador Garcetti a successful posting in New Delhi. Having a U.S. Ambassador to India is critical as both great democracies work to build their Quad partnership and high-trust ecosystem, underpinned by shared democratic values,” he added.

Alexander Slater, USIBC’s Managing Director and head of its New Delhi Office, also welcomed Ambassador Garcetti. He said that the USIBC supports the appointment of a US Ambassador to India and knows that Ambassador Garcetti brings significant leadership experience to the position.

USIBC looks forward to continuing our close engagement with the US Embassy under his guidance, especially on key drivers of the bilateral relationship such as the Initiative on Critical and Emerging Technologies,” he said.

“Eric Garcetti’s appointment as Ambassador sends an important signal to the Government and people of India as well as industry in both countries about the importance President Biden places on the U.S.-India relationship. USIBC will work collaboratively with him and the Government of India to strengthen bilateral strategic and economic ties and promote a free, open, and prosperous Indo-Pacific,” he added.

Meanwhile, Shreerupa Mitra, USIBC’s Deputy Managing Director, highlighted that this confirmation comes at a key time for US-India relations, with India taking up the G20 presidency for the first time this year.

“As a vital source of high-skilled talent and a rising hub for high-value manufacturing, India has a global role to play in fortifying supply chains and achieving sustainable development goals. The confirmation of Eric Garcetti as the U.S. Ambassador to India will add necessary focus and energy behind these efforts, ultimately helping both our countries achieve critical goals in decarbonization, human development, and economic resilience.” On behalf of USIBC, Mitra added that the Council is grateful for the strong stewardship shown to date by Ambassador Beth Jones as Charge d’Affaires

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