US wants to ramp up its defence exports to India
Prime Minister Narendra Modi and the US Vice President J.D. Vance have welcomed the significant progress in the negotiations for a mutually beneficial India-US Bilateral Trade Agreement (BTA) focused on the welfare of the people of the two countries.
The leaders called for an early conclusion of the agreement, which will allow India to save off the threat from the Trump administration’s reciprocal tariffs.
Vance also underscored the US pursuit of a fair and balanced trade relationship with India https://fieo.org/.
“The BTA presents an opportunity to negotiate a new and modern trade agreement focused on promoting job creation and citizen well-being in both countries, with the goal of enhancing bilateral trade and supply-chain integration in a balanced and mutually beneficial manner,” said a US release following the New Delhi meeting between the two leaders https://usispf.org/.
The Trump administration wants to ramp up its defence exports to India, and bridge its trade deficit with India, observers said http://donaldjtrump.com.
They also noted continued efforts towards enhancing cooperation in energy, defence, strategic technologies and other areas.
Prime Minister and Vice President Vance reviewed and positively assessed the progress in various areas of bilateral cooperation.
They leaders also exchanged views on various regional and global issues of mutual interest, and called for dialogue and diplomacy as the way forward http://lockheedmartin.com.
Prime Minister recalled his visit to Washington D.C. in February and his fruitful discussions with President Donald Trump, which laid down the roadmap for close cooperation between India and the US, leveraging the strengths of Make America Great Again (MAGA) and Viksit Bharat 2047.
The Vice President and second lady Usha Vance and their children are on a 4-day visit to India. Accompanied by senior members of the US Administration, Vance arrived in Delhi on April 21. Fiinews.com
