A group of American lawmakers have introduced a new bill in the US Congress asking the Obama administration to help India join the APEC (Asia Pacific Economic Cooperation) forum, reasoning that an economically prosperous India benefits the US’ strategic goals in Asia.
These potent law makers believe that including India will help the US in fulfilling their strategic goals in Asia
According to Matt Salmon, Chairman of the House Committee on Asia and Pacific who introduced the bill in the US legislation, “Membership in APEC would provide India a constructive forum to flean insight from other Asian countries that have already taken significant steps to advance their economies”. He further said that the Indian Prime Minister Narendra Modi is striving for economic reforms to open India’s markets, improve trade volume, and facilitate his growing population’s need for continued job growth.
Congressman Ami Bera, the only Indian-American lawmaker in the current Congress, co-chair Congressional Caucus on India and Indian-Americans, also joined Salmon, saying India is one of the world’s largest and fastest growing economies and will benefit the US’ strategic goals on Asia.
The American law makers also believe that Indian membership in APEC would strengthen the forum in gathering insight from other Asian countries that have already taken significant steps to advance their economies.
The others legislators who supported India for a permanent APEC membership include Ed Royce, chairman of House Foreign Affairs Committee; Elliot Engel, Brad Sherman, George Holding, Derek Kilmer, Dana Rohrabacher and Scott DesJarlais. The legislators also asks Secretary of State John Kerry to develop a strategy to obtain membership status for India in APEC, including participation in related meetings, activities and mechanisms. He is also directed to submit a report to the Congress within two months of the passage of this legislation.
APEC a forum for 21 Pacific Rim member economies, promoting free trade throughout the region is is headquartered in Singapore. The members of APEC include countries such as Australia, Canada, Hong Kong, Papua New Guinea, Philippines, Singapore, Taiwan, Thailand, Vietnam, Chile, China, Russia, Peru, Indonesia, South Korea, Malaysia, Mexico, New Zealand, Japan, Brunei Darussalam and the US.