• Must work closely together on balanced global economic growth less dependent on US spending
  • US, India must work towards more representative international financial institutions, more open trade
  • US unemployment remains unacceptably high, but private sector adding jobs
  • US current account balance coming down
  • India has navigated financial crisis with steady hand
  • India’s future growth will depend partly on ability to finance infrastructure
  • Promising opportunities for American firms in Indian infrastructure
  • Wants the world to move to more balanced growth, requires changes in US, globally
  • US, India must work together to strengthen capital standards