Obama backs India for U.N. security council seat

NEW DELHI (BestGrowthStock) – President Barack Obama on Monday told Indian parliament he backed New Delhi’s case for a permanent seat in the United Nations Security Council, a copy of his prepared speech showed.

“I look forward to a reformed U.N. Security Council that includes India as a permanent member,” he said.

Obama’s trip to India is aimed to seal big-ticket business deals to secure jobs and exports as well as countering Indian perceptions he has relegated Asia’s third-largest economy behind rivals China and Pakistan.

During a 10-day trip to Asia that will also take him to Indonesia, South Korea and Japan, Obama will push to resolve global financial imbalances, an issue he will make a focus of debate at next week’s G20 heads of state meet in Seoul.

Obama backs India for U.N. security council seat