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Edition: U.S. Article Comments (0) Slideshow Video Email Print Reprints Read Look out, your medicine is watching you 08 Nov 2010 BP, firms did not shirk safety for money: panel 08 Nov 2010 Obama heads to Indonesia, finally 12:51am EST China keeps up tough talk as G20 summit nears 2:24am EST Harry Potter star Watson "felt sick" when told of riches 08 Nov 2010 Discussed 114 Boehner vows to repeal Obama healthcare reforms 91 Obama: U.S. can’t afford two years of gridlock 73 Republicans score first key U.S. election wins Watched Bejeweled bra exposed in NY Thu, Oct 21 2010 Gold dominates markets and politics Mon, Nov 8 2010 Michelle Obama dances in Mumbai Sat, Nov 6 2010 Obama backs India's quest for U.N. permanent seat Tweet This Share on LinkedIn Share on Facebook By Patricia Zengerle and Alistair Scrutton NEW DELHI (Reuters) - President Barack Obama endorsed on Monday India's long-held demand for a permanent seat on the U.N. Security Council, a reflection of the Asian country's growing global weight and its... Factbox Factbox: What are the major issues between India and Pakistan? Mon, Nov 8 2010 Related News Obama backs India's quest for U.N. permanent seat Mon, Nov 8 2010 Obama backs India for U.N. security council seat Mon, Nov 8 2010 Obama to endorse India Security Council membership Mon, Nov 8 2010 Obama: will address India UN seat in parliament speech Mon, Nov 8 2010 Analysis & Opinion Washington Extra – Natural allies, but not always comfortable ones Between the lines: Obama’s comments on Kashmir Related Topics Barack Obama » World » United Nations » Politics » Elections 2010 » Related Video India's banquet for the Obamas Mon, Nov 8 2010 Obama visits Indian PM Obama's Monumental visit Obama: India, Pakistan should talk Obama's former school awaits visit 1 / 27 President Barack Obama bows and makes a greeting to the audience beside India's Prime Minister Manmohan Singh after delivering a speech at Parliament House in New Delhi, November 8, 2010. Credit: Reuters/Jim Young By Patricia Zengerle and Alistair Scrutton NEW DELHI | Tue Nov 9, 2010 12:50am EST NEW DELHI (Reuters) - President Barack Obama endorsed on Monday India's long-held demand for a permanent seat on the U.N. Security Council, a reflection of the Asian country's growing global weight and its challenge to rival China. India says a seat on the council would reflect the importance of the G20 nation as its trillion dollar economy helps spur global growth and its government exerts more and more influence over issues from Doha trade to climate change talks. "In the years ahead, I look forward to a reformed United Nations Security Council that includes India as a permanent member," Obama said in a speech to India's parliament on his first official visit to the world's largest democracy. "Let me suggest that with increased power comes increased responsibility," he added at the end of the first leg of a 10-day Asian tour that has also been seen about gathering support from countries like India to exert pressure on China on its currency. Ben Rhodes, White House deputy national security adviser, said ahead of Obama's speech that "this was a full endorsement" for India's permanent membership of a reformed Security Council. In his three-day trip -- the longest stay in any foreign country by Obama -- the U.S. leader announced $10 billion in business deals, aiming at reassuring voters at home that countries like India offer benefits for U.S. jobs rather than causing unemployment through outsourcing. The U.N. move comes as India increasingly competes with China for global resources, from Africa to Latin America. But its economic assertiveness has been often accompanied by cautious diplomacy on issues like Myanamar and engagement with Iran. The U.N. seat could be a pipe dream and face resistance from some of the U.N. Security Council's five permanent members -- Britain, China, France, Russia and the United States. But it is Obama's most headline-grabbing announcement in a visit that has seen the U.S. leader seek greater trade with India's massive yet underdeveloped and restricted markets as well as to help counterbalance the rise of China. The U.N. Security Council has since the body's inception had five permanent members with the power to veto resolutions. It has been criticized for not reflecting global 21st century power. Obama's trip with more than 200 business executives, and his U.N. announcement, underscored the growing importance of India, which by 2020 is expected to be one of the five largest economies in the world, along with Asian powers China and Japan. The West is increasingly dependent on India, and China to power their moribund economies. It was unclear how much Delhi would reciprocate by opening its economy more to foreign firms. "I don't think India is emerging. It has emerged. India is a key actor on the world stage," Obama told a joint news conference with Prime Minister Manmohan Singh earlier on Monday. Obama will also visit Indonesia, South Korea and Japan on the tour that will see Washington push to prevent countries unilaterally devaluing currencies to protect their exports, a top theme at the G20 summit in Seoul this week. Obama has also announced the United States would relax export controls over sensitive technology, another demand of India's. 1 2 Next Barack Obama World United Nations Politics Elections 2010 Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. 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