India’s Economy Thrives Despite Foreign Policy Differences: Indian Foreign Minister Rejects US President’s Claim of Xenophobia

Indian Foreign Minister Subrahmanyam Jaishankar rejected US President Joe Biden’s suggestion that “xenophobia” was impeding India’s economic progress, as reported by The Economic Times. During a roundtable discussion hosted by the newspaper, Jaishankar emphasized that India’s economy was not struggling and that it has historically been an open society. He pointed to the Citizenship Amendment Act as evidence of India’s willingness to welcome those in need, allowing persecuted immigrants from neighboring countries to gain citizenship.

In response to Biden’s comments about xenophobia in China, Japan, and India impeding economic growth, Tokyo issued a government statement calling the characterization “unfortunate” and off base. The Japanese government expressed its disappointment with the remarks and clarified its policies to the White House. Meanwhile, the International Monetary Fund predicted a slowdown in economic growth for Asia’s largest economies in 2024, while the US economy was expected to see slight growth partly due to migrants contributing to the labor force.

The overall picture presented in the report highlights contrasting perspectives on the role of migration in economic growth between the US and Asian countries. While Biden emphasizes the positive impact of immigrants on the US economy, Jaishankar’s response underscores India’s history of openness and willingness to embrace those in need. Japan’s displeasure with Biden’s remarks further underscores the importance of accurate understanding of each country’s policies and stances in discussions surrounding economic growth and immigration.

However, despite their differing opinions on migration, both Biden and Jaishankar acknowledged that migrants play a crucial role in driving innovation and diversity within their respective countries. They also recognized that immigration policies should be balanced with national security concerns and cultural values.

In conclusion, while there may be different perspectives on migration and its impact on economic growth between different countries, it is clear that migrants can bring valuable contributions to any society if they are welcomed with open arms and given equal opportunities.