Question

QUESTION :

Describe Indo-American relations after 1991..





5 Marks question..
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Answer 1

Answer:

Indo- American relations were quite cold war type since 1991. Afterward many things had changed due to Globalisation (being Main reason).

Import and Export takes place between both the countries.

Now the relation is good.

Many foreigners visit India,

and many Indians visit America for many purposes like for education, business, trade, tour,and visiting tourist places.

Answer 2

Answer:

✯Indo-American relations after 1991..✯

• The U.S.-India partnership is founded on a shared commitment to freedom, democratic principles, equal treatment of all citizens, human rights, and the rule of law.
• The United States and India have shared interests in promoting global security, stability, and economic prosperity through trade, investment, and connectivity.
• The United States supports India’s emergence as a leading global power and vital partner in efforts to ensure that the Indo-Pacific is a region of peace, stability, and growing prosperity.
• The United States seeks an expanded trade relationship with India that is reciprocal and fair.
• In 2019, overall U.S.-India bilateral trade in goods and services reached $149 billion. U.S. energy exports are an important area of growth in the trade relationship. In 2018 India purchased 48.2 million barrels of U.S. crude oil, a significant increase from 9.6 million in 2017.
• The government of Prime Minister P.V. Narasimha Rao launches sweeping economic reforms that help expand economic ties with the United States. Finance Minister Manmohan Singh oversees the opening of India’s economy to international trade and investment, deregulation, initiation of privatisation, tax reforms, and inflation controlling measures that catalyze decades of fast growth.