'US's India policy part of accommodating emerging economies'

Sridhar Krishnaswami
Washington, Oct 8 (PTI) U.S. Secretary of State Condoleezza Rice has said America's deepening of its engagement with rest of the world, including India was part of Bush administration's policy to accommodate emerging economies into the international framework.

Introduced by tycoon Lakshmi Niwas Mittal at the World
Steel Association, the top administration official argued that
the international system is changing and hence "great,large
countries" would have to be accommodated in that global
framework.

"... we have been trying to build over these last several
years to expand access to the global economy. We have indeed
been deepening our engagement with emerging economic leaders.

"We have strong relationships with China, and with India,
where I just visited, and with Brazil, and with others.
Because international system is changing, and the emergence of
these great, large economies has got to be accommodated in an
international framework," Rice told the gathering here.

Highlighting the importance of education and global
engagement, Rice cited the contribution of high-skilled Indian
professionals in the America's I.T. revolution.

"On the subcontinent, where I just visited in India, a
place where universities are springing up all over to bring
innovation and technology to the core so that those great
Indian software scientists who are populating my home, the
Silicon Valley, might also populate Hyderabad," Rice observed.
PTI SK