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US-India strategic partnership set to grow in second Obama administration

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(The views expressed in this column are the author’s own and do not represent those of Reuters)

The re-election of President Barack Obama is likely to be more promising and fruitful for the growing strategic partnership between India and the United States. During the second Obama administration, his India policies are expected to be upgraded further and there would possibly be more tangible outcomes from policy pronouncements made in the last four years.

This strategic partnership is based on a foundation of shared values and interests. But due to the different state of their domestic constituencies and regional strategic environments, there could be differences in their understanding and responses on a few issues. That is why it is essential for leaders and policymakers in New Delhi and Washington to develop a deeper understanding of existing ground realities for negotiations on various issues.

It is evident that India and the United States have been making a move forward. There have been issues in recent times such as defence procurements in India, the Libyan crisis, nuclear liability, outsourcing, allowing FDI in retail sector in India, Iranian nuclear programme, Syrian crisis, etc. where India and the U.S. appear to have realised the other’s positions well. This has helped them successfully reduce friction and develop a mutual understanding — which is expected to improve further during Obama’s second term.

India Market Weekahead: Trading subdued but markets back on track

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(The views expressed in this column are the author’s own and do not represent those of Reuters)

Last week was a volatile one with the stock market poised for a surge but the Nifty eventually closed in the red with a loss of 0.20 percent at 5686.

Obama’s hasty Afghanistan withdrawal risks squandering gains

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(The views expressed in this column are the author’s own and do not represent those of Reuters)

U.S. military commanders on the ground in Afghanistan had reportedly requested a slower pace of withdrawal to afford them the opportunity to consolidate recent gains against Taliban insurgents.  President Obama has denied his military commanders flexibility to determine the pace and scope of withdrawal based on conditions on the ground, and instead appears to have based his decision largely around the U.S. domestic political calendar.

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