US Treasury secretary: India should speed economic reforms

October 24, 2007 19:09

The government of India should accelerate its pace of economic reforms while resisting pressures to erect protectionist trade barriers, US Treasury Secretary Henry Paulson said Wednesday. Paulson said that he would use an upcoming five-day trip to India to congratulate the government for the strides India that have already been made in implementing economic reforms while encouraging officials to do even more. "If India slows its pace now, it risks losing the ground it has worked so hard to gain," Paulson said in a speech to the Council on Foreign Relations in Washington. Paulson will be in India from Oct. 27-31 with stops planned in Calcutta, Mumbai and New Delhi.

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