Below is the quote from Neelam,
‘In India, Donald Trump’s victory could cause short-term economic panic, but may have long-term foreign policy benefits, argues Neelam Deo, the director of foreign policy think tank Gateway House.
“There is complete economic confusion, and the short-term response of the stock market will be negative. How the economy will respond to Donald Trump is a complete unknown and the uncertainty itself is already having a negative fallout,” she said.
Close ties between the US and India under the Obama administration could also take a turn for the worse. “Prime Minister Narendra Modi will be shocked as he had set a close relationship with President Obama, who had become the campaigner-in-chief for the Hillary campaign, and who has projected herself as the candidate for continuity.”’
For more from Neelam on the consequences of Trump’s victory, read the full article here.
The article was republished by FXGOLD, Xaluan, Byxpress, Dantri, and Zaker.