Washington: After a landslide victory for PM Modi in the 2019 Lok Sabha elections, the US has expressed hope that PM Modi will have more freedom to pursue financial reforms in his second term. This will help create a business environment. The statement by a senior White House official came at a moment when media reported on Friday that US president Donald Trump's next target could be India.

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This includes initiating a section-301 investigation against India. The official pointed out that, "great concern is the rules for localizing the ban and data recently imposed by the Government of India on e-commerce. This has had a negative impact on American companies. At the same time, the investment climate has also been affected. "He has said that the US hopes the elections are over and PM Modi will now have more freedom to bring about a tough economic recovery.

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It will attract new foreign investment and help create business friendly environment. Let me tell you that PM Modi and US president Donald Trump are sure to meet later this month during the G-20 group meeting in Osaka, Japan.