The United States and India are natural allies that can show the rest of the world that democracies can deliver for their citizens, despite volatility and war, U.S. Treasury Secretary Janet Yellen said on Friday.
Yellen, in a speech highlighting the Biden administration's desire to deepen economic ties with India, said that both the global economy and the democratic idea were at inflection points.
"The U.S. and India are 'natural allies,' in the words of a former Indian prime minister," Yellen said, adding that both countries waged similar fights for independence to attain freedom and dignity." As the two largest democracies, India and the United States could answer the sceptics by taking actions over the next year and beyond that could "demonstrate the capacity of our democracies to deliver for our people. I am confident that we will succeed."
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