Nidhi
New Member
America – India’s new found friend :Historically, relationship between India and America or the bilateral relation between the two countries has never been that merry or rosy. India traditionally has been friendly with the Soviet Unions. Even though India was one of the pioneering members of the NAM (Non-Aligned Movement), during the cold war it developed close proximity with the Soviet Unions. India followed a strict socialist policy and had developed a close military and strategic bond with the Soviets and in the process annoyed the USA and the relationship between India and US grew sour. It was in 1992, after the downfall of the soviet unions, India revamped its internal diplomatic strategy and in the process looked to develop closer ties with European countries in general and USA in particular. As a result of that, today India shares a close bond with USA in matters pertaining to society, economics and military. During the Bush administration and even during his predecessor, Bill Clinton, bilateral ties between two countries flourished and blossomed in full vigor primarily on common grounds relating to terrorism, energy security and environmental issues. Though, more often than not political analyst and foreign journalists argue that the honeymoon phase between India-America bilateral relations is beginning to show signs of slight downturn following BARACK OBAMA election as the president of USA, reason cited being that of the present US-governments inclination towards building a close tie with China. These reports have been vehemently dismissed by the governments of both the countries and things apparently look all happy and fine.
During the Clinton and Bush administration India enjoyed a good relation with the US, and got tremendous help in social and economic front. USA happens to be the largest investor and if the inflow of money (FDI) is anything to go by, then it has only increased from 1991 to 2004 from USD $11.4 millions to USD $344.5 millions, an increase in compound interest rate of nearly 58% annually.
Let's Discuss India-US Relations in this Forum
During the Clinton and Bush administration India enjoyed a good relation with the US, and got tremendous help in social and economic front. USA happens to be the largest investor and if the inflow of money (FDI) is anything to go by, then it has only increased from 1991 to 2004 from USD $11.4 millions to USD $344.5 millions, an increase in compound interest rate of nearly 58% annually.
Let's Discuss India-US Relations in this Forum
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