Celebrating its 42nd year, the U.S. Chamber of Commerce U.S.-India Business Council’s (USIBC) Annual Leadership Summit on June 27 featured Vice President of the United States Mike Pence and other high ranking government and private sector leaders to address USIBC members and guests.
Vice President Mike Pence spoke about increased economic and security ties between the U.S. and India during his keynote address at the U.S.-India Business Council’s 42nd Annual Leadership Summit June 27 in Washington, DC.
The summit was held the day after Indian Prime Minister Narendra Modi’s first meeting with President Donald Trump at the White House. Most significantly, Pence pledged that the U.S. would back India for permanent membership on the reformed United Nations Security Council.
The Leadership Summit focused on the important role of the private sector in advancing the ties between the two countries, the future of the U.S.-India economic relationship, as well as strengthening and deepening the U.S.- India defense partnership. “The partnership between the U.S. and India has never been more important,” said John Chambers, USIBC chairman and executive chairman of Cisco.
“Both governments are deeply committed to creating greater economic opportunity for their citizens. The USIBC does just that by advancing bilateral cooperation between the two nations. I’m incredibly proud of the impact we’ve had so far in driving economic growth, job creation, innovation and entrepreneurship in both nations, and we look forward to shaping the future of both countries by doubling down on our efforts in the years to come.”
The summit welcomed addresses from the Ambassador of India to the United States Navtej Sarna and Congressman Pete Sessions, chairman of the House Committee on Rules. USIBC presented its prestigious annual “Global Leadership Awards” to Andrew Liveris, chairman and CEO of The Dow Chemical Company, and Adi Godrej, chairman of the Godrej Group. Both were honored for creating inclusive business environments, integrating India in the global supply chain and advancing core values such as manufacturing, innovation and scale in tough market conditions.
Pence focused on increasing opportunities in the sectors of aviation and energy. He gave a shout-out to Spice-Jet airlines, which, in January, placed a $22 billion order for 100 airplanes with Boeing. Earlier in June, SpiceJet expanded its order for an additional 20 airplanes. The deal will create 130,000 jobs for American workers, said Pence. “Thank you to SpiceJet for believing in American workers,” he said, to applause from the packed crowd. “The American people elected a builder to serve as their leader and before we’re done, President Trump is going to rebuild America,” said the vice president. “American energy can help power India’s future,” stated the vice president.