US Vice President, JD Vance, The Indian Prime Minister, Narendra Modi, received the progress of talks on a trade agreement between the two countries After meeting in New Delhi. Vans, who visited India with his wife and children, met on Monday with Modi in His residence is for the Indian capital.
Both talked about improving Bilateral cooperation in various fieldsSuch as energy, defense and technology, and “welcomed the important progress” in the negotiations of an expected trade agreement between the two countries, according to the Moody Office in a statement.
The White House announced on Monday that Vans and Moody They created a “road map for future conversations”. In a letter delivered on Tuesday In the city of Jaipur, in northwestern India, Vans praised Modi and said that the two countries had finished finishing the conditions of commercial talks.
“I think if India and the United States are working together successfully, Let’s see the twenty -first century booming and peacefulVans said, adding that if this does not happen, this means “a dark age for all humanity. ” The United States is the main commercial partner of IndiaIts bilateral trade was 129,000 million dollars (113,000 million euros) in 2024, with a surplus of $ 45.7 billion (39.9 billion euros) for India, according to US official data. Countries are looking to increase bilateral trade to $ 500 million (436 billion euros) in 2030.
New Delhi Look for a trade agreement soon with Washington in the context The threats of the customs tariff for the US President, Donald Trump. Earlier this month, Trump It was temporarily announced for 90 days In the extensive tariff system against almost all countries, including India.
India would face a tariff “Model” from 27 % by the United States. UU. Before suspending the customs tariff, it will end on July 9. The world’s most populous countries, like the rest of the nations, are subject to a 10 % basic tax by Washington.
Cooperation is greater
The United States is trying to develop a The closest cooperation with IndiaThe country that is considered to be Blueck in front of China. India is trying to put itself Global Manufacturing Center As China faces a particularly high tariff by Washington, without indications of swelling soon.
Moody created a good business relationship with Trump During his first presidency, he was one of the first leaders to visit the American president after the beginning of his second term. During his visit in February, Moody praised a “huge association” with the United States and began a negotiation process to reduce the possible results of Trump’s definitions.
Although Trump praised Moody and described him as a “great friend”, he also criticized High tariff From India, crossing the country of “definitions” and “great abuse” of commercial relations. Commercial negotiations are particularly urgent For India, especially in the agricultural sectors, processed foods, car components, medical equipment and jewelry.
India is also an important partner for the United States in defense, and in recent years it has merged the advanced armed forces, helicopters, missiles and US military teams into its armed forces. On Tuesday in Jaipur, Vans mentioned Trump’s motive To provide more military equipment for India. “We, of course, want to cooperate more,” Vans said. “We want to cooperate more, and we want to buy your nation more of our military team.”
