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US Vice President Joe Biden speaks about US - Asia and India economic and trade policy at George Washington University on July 18, 2013/AFP

World

Biden on visit to fire up US-India ties

“We strongly support the role India has played in Afghanistan, leveraging its economic strength to improve Afghanistan’s economy …in projects that will help to ensure our common goal of a stable and prosperous future for the Afghan people,” he added.

Biden will fly on Wednesday to Mumbai where he is expected to hold a roundtable with business leaders and press for stronger intellectual property protection.

While bilateral trade has grown in recent years, there is still widespread frustration among US business leaders over what they see as unfair trading practices.

Among the points of contention is India’s championing of generic drugs – which advocates say save lives in poor nations – despite protests from Western drug firms.

India in turn has been alarmed by proposals in the US Congress to curb visas for high-tech workers.

India’s Finance Minister P. Chidambaram and Commerce Minister Anand Sharma were both in Washington last week to pitch for investment and discuss India’s readiness to open talks on a bilateral investment treaty.

“Economic engagement in both trade and investment, though robust, is well below potential, given the opportunities a growing economy like India offers and the opportunities in the largest economy of the United States,” Sharma said.

Biden will be the most senior administration official to visit India since President Barack Obama visited in 2010.

While the US has been among the world powers calling for India to be given a permanent seat at the UN Security Council, observers detect a sense of drift in ties.

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“India is a natural ally of the US but… relations require greasing occasionally because insecurities have crept in, especially on the Indian side,” Subhash Agrawal, of the Delhi-based think tank India Focus, told AFP.

Biden will head from India to Singapore on Thursday, where officials say he will tackle tensions over the disputed South China Sea.

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