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Saturday, April 27, 2024

G20 sherpa Amitabh Kant slams US envoy’s statement, says ‘protectionism in US is of highest order’

“G20 sherpa Amitabh Kant slams US envoy’s statement, says ‘protectionism in US is of highest order’”, Indian Express, February 2, 2024:

“In a sharp retort, India’s G20 sherpa Amitabh Kant Friday said Americans do protectionism of the highest order and advocate laissez-faire for the developing countries as he dismissed US ambassador Eric Garcetti’s suggestion of reforms in India’s taxation and regulatory framework.

Speaking at the ongoing Jaipur Literature Festival (JLF), Kant said the government will make India a global champion through the ‘Make In India’ initiative and by getting the best practices, “not necessarily following what the American ambassador is advocating in India”.

Garcetti, while addressing the Indo-American Chamber of Commerce (IACC) on Tuesday, said the rhetoric that everything has to be made in India could slow down the pace of the country’s growth and pitched for change in “export control and export policies” in India for it to achieve its goals in the economic sphere….”

Read the full article at Indianexpress.com

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