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Investing in each other's success in interests of India, U.S.: Kerry

Xinhua, January 12, 2015 Adjust font size:

Visiting U.S. Secretary of State John Kerry hailed relations with India on Monday, stressing that investing in each other's success would be in the interests of both countries.

"This is the moment when (the world's) oldest democracy and largest democracy are capitalizing on connections between each other. We can do more to enhance this economic relationship and we 'll continue to work on it," Kerry said.

Addressing Vibrant Gujarat Summit, a business conclave in the western Indian state, he added: "U.S. investments in India have risen from 2.4 billion U.S. dollars to 28 billion U.S. dollars. Investing in each other's success is in the interest of both the countries."

Kerry, who is in India just weeks before U.S. President Barack Obama's visit to the country as a guest at the Republic Day celebrations on Jan. 26, said, Obama "is really happy to be the first U.S. president to be visiting India twice."

He also said both countries "are strengthening our cooperation to fight terror, piracy and tackle weapons of mass destruction." Endi