In India, Ivanka Trump says that women entrepreneurs will drive the new prosperity



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Ivanka Trump, daughter of President Donald Trump and principal adviser, praised the growing economic and security ties among the US. UU And India at a high profile trade summit in the southern city of Hyderabad.

He made the statements before an address by the Indian Prime Minister Narendra Modi, who personally invited her to attend the Global Summit of Entrepreneurs, taking advantage of the event to remember the approach of the US government. UU in reducing taxes and eliminating bureaucracy.

"We have drastically reduced labor destruction regulations, which disproportionately harms employers and small business owners," Trump said. "And we are focused on spending very backward tax cuts"

The event was organized by the governments of the United States and India and has the presence of American and Indian businessmen, officials of the State Department and members of the Modi cabinet. , including the foreign and defense ministers.

After taking a break from his campaign in his home state of Gujarat, which will face elections on December 18, Modi talked about his government's reforms, including the introduction of a national tax on goods and services. a new bankruptcy law and the targeting of uncounted wealth.

"I invite each of you to be a partner in the growth story of India," he told the badembled entrepreneurs, noting that India had contained its fiscal and current account deficits as well as inflation and would soon implement an integral energy policy.

Trump focused much of his speech on the theme of the summit: empowerment of women entrepreneurs.

"If India closes the labor force" the gender gap by half, its economy could grow by more than $ 150 billion over the next three years, "he told the audience." Our administration is promoting policies that allow women to continue their careers and care for their families, policies that improve the development of the workforce and training, and policies that lift governmental barriers and encourage entrepreneurship. "

This is the first visit Trump family to India since the elections last year and comes while Washington and New Delhi try to boost the economic, defense and strategic ties. Secretary of State Rex Tillerson and Secretary of Defense Jim Mattis visited this year, two of the bilateral visits while the United States seeks closer ties with New Delhi to counteract China's influence in Asia.

"Ivanka's journey marks the i White House interests in the relationship between the United States and India, "said Tanvi Madan, a member of the Brookings Institution's think tank investigating US-Indian relations, noting that numerous Indian officials also visited Washington. "This steady flow of visitors has helped ensure that the relationship – and the areas of convergence and divergence – has received a lot of attention from political and bureaucratic leaders in both countries."

Approximately 1,500 investors, entrepreneurs and executives are expected to attend the summit of US companies such as Facebook Inc., Bain Capital LP and Stanley Black & Decker Inc., as well as Indian companies such as ICICI Bank Ltd. and Wave of the application of ANI Technologies.

The summit made headlines when local authorities began gathering beggars before the conference.

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