 This month CSIS Schieffer series unlocking the full potential of the US-India relationship CSIS recently founded the Wadwani chair in US-India relations. I'm here with the inaugural holder of that chair Ambassador Rick Enderforth ambassador. Why is this relationship so important for us to talk about now? Well the last 10 years has seen a remarkable Transformation in US India ties India is now an economic powerhouse. It's exerting itself from the international stage The US for a long time had an estranged relationship with India the last 10 years under President Clinton and Bush and Obama all of them We've been improving that relationship So CSIS wanted to sort of catch up and establish the first Washington based policy chair and that's why it was set up You spoke about the 21st century and the emergence of both India and China as powers in this century How does that affect the US? Well China and India are going to be the rising powers of the 21st century and they're going to transform the geopolitical landscape That was a quote from a national intelligence study So the United States has to get good relations with both on economic relations strategic relations Many people think that the transatlantic century of the 20th century is going to be the trans Pacific Century that we now have so the United States needs good relations with both both countries are going to be important players Now what are the important triggers for the US India relationship moving forward? I think the most important one right now is the economic dimension India has the world's second fastest growing economy by later in this century. It may have the third largest economy There's a lot of Potential there that we haven't fully realized and I think that that economic relationship would be the ballast in a Relationship where we may have some political differences over time So I think the economic side which will also be important for India because as their economic growth goes up Their poverty comes down. So it's a win-win for both. Thank you very much ambassador You can see the full event video on CSIS org or on itunes you