I recognize the United States is a superpower. It has various interests. It has to balance various things.

China is not I think a country which does not regulate, but there is a difference between the Chinese system and the Indian system.

The salvation of the world ultimately lies in moving towards universal nuclear disarmament, but that's a long distance away.

Protectionism has to be avoided. Protectionism is not only on goods but also in the area of services. Financial protectionism is also bad and should be avoided.

Democracy is good for everybody.

India is a functioning democracy despite its extreme poverty, India has stayed the course.

I do believe that India needs a lot more foreign direct investment than we've got, and we should have the ambition to move in the same league many other countries in our neighborhood are moving. We may not be able to reach where the Chinese are today, but there is no reason why we should not think big about the role of foreign direct investment, particularly in the areas relating to infrastructure, where our needs for investment are very large. We need new initiatives, management skills, and I do believe that direct foreign investment can play a very important role.