US Sanctions Hurting American Businesses Too, They Are Looking At Indian Market: US-India Trade Body

Exclusive: Mukesh Aghi, President & CEO, USISPF, tells ABPLIVE economic sanctions by US due to Russia-Ukraine war are impacting American businesses & they're looking at India for long-term investments

Mukesh Aghi, president and CEO of the US-India Strategic Partnership Forum, said American companies had to let go of the billions of dollars of investment due to the overnight and sudden sanctions imposed by the US as the Russia-Ukraine war peaked by the middle of 2021.

Source : Getty & Special Arrangement

New Delhi: The plethora of US-led economic sanctions imposed on Russia in the wake of Moscow’s war against Ukraine have adversely impacted the bottom lines of American businesses too who are now looking at India for their “long-term investments” even as they also seek to pull out of China due to an intense trade war between Washington and Beijing, according to Mukesh Aghi, president and CEO of the US-India Strategic Partnership Forum (USISPF). Speaking exclusively to ABP LIVE,