Geo436 MUMBAI: President Barack Obama hailed India on Saturday as a vital source of U.S. growth and jobs as his administration announced relaxation of U.S. export controls to spur trade between the two countries.
“As we look to India today, the United States sees an opportunity to sell our exports in one of the fastest growing markets in the world. For America this is a jobs strategy,” Obama said as he kicked off a 10-day tour of Asia.
Obama’s Democrats lost control on the U.S. House of Representatives in congressional elections on Tuesday as voters punished the party for high U.S. unemployment after a campaign marked by criticism of China and outsourcing hubs like India.
Acknowledging that anger, Obama said India was still seen by many Americans as “a land of call centres and back offices that cost American jobs”, but he rejected that view.
“It is a
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