Posted On September 16, 2016 By In World And 820 Views

Donald Trump’s investments in real estate overseas to impact US foreign policy

WASHINGTON: Donald Trump’s investments in real estate overseas, including in Indian cities of Pune and Gurgaon+ , could have implications on America’s foreign
policy if the Republican presidential nominee wins the elections+ and occupies the White House next January, a major US weekly said.
In its cover story on Trump’s investments in properties overseas, the Newsweek on Wednesday said that as the Republican National Convention+ was about to get
underway in July, the Trump Organization declared it was planning a massive expansion in the South Asian country.
“That is a chilling example of the many looming conflicts of interest in a Trump presidency,” the weekly noted.
“If he plays tough with India, will the government assume it has to clear the way for projects in that ‘aggressive pipeline’ and kill the investigations involving Trump’s
Pune partners? And if Trump takes a hard line with Pakistan, will it be for America’s strategic interests or to appease Indian government officials who might jeopardize
his profits from Trump Towers Pune?” the weekly asked.
According to the weekly, several Indian political leaders including from the both BJP and the Congress have established close relationship with the Trump family as a
result of its real estate investment in Pune and Gurgaon .
In India, the conflicts between the interests of the Trump Organization and American foreign policy are starker, Newsweek said.
Trump signed an agreement in 2011 with an Indian property developer called Rohan Lifescapes that wanted to construct a 65-storey building with his name on it.
Leading the talks for Rohan was Kalpesh Mehta, a director of the company who would later become the exclusive representative of Trump’s businesses in India, the
weekly said.
However, government regulatory hurdles soon impeded the project, the cover story said adding that Donald Trump Jr flew to India to plead with Prithviraj Chavan,
chief minister of Maharashtra, asking that he remove the hurdles. But Chavan refused to make an exception for the Trump Organization.


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