Health
India seeks 'very deep' engagement with Trump administration
字号+ Author:Smart News Source:Health 2025-01-11 14:15:45 I want to comment(0)
NEW DELHI: India is seeking to bolster trade ties with the United States under the incoming Trump administration, trade minister Piyush Goyal told reporters in New Delhi on Friday. "We are looking forward to a very deep and substantive engagement with the new US administration," the trade minister said, noting that under Prime Minister Narendra Modi, India has bolstered bilateral relations with successive US administrations, including those led by Barack Obama, Donald Trump and Joe Biden. Bilateral trade between India and the United States, India’s largest trading partner, exceeded $118 billion in 2023/24, with India registering a trade surplus of $32 billion. Industry estimates suggest that trade could grow by an additional $50 billion within two to three years, underscoring significant potential for stronger economic cooperation. The government and industry groups favour a broader trade and investment pact with the United States to help Indian manufacturers integrate into global supply chains while retaining policy flexibility to safeguard national interests. Goyal said that India’s goods and services trade is projected to surpass $800 billion in the 2024/25 fiscal year, ending March. While aiming to protect its manufacturers from potential US tariff hikes on its exports, India is exploring ways to strengthen ties with Washington as Trump has threatened tariffs of 60% and other curbs on imports from China.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
سڈنی سے ہوبارٹ یٹ رییس کے دوران سخت موسم کی وجہ سے دو افراد ہلاک ہوگئے۔
2025-01-11 14:00
-
Prince Andrew battles new blow as King Charles extends lifeline
2025-01-11 13:47
-
Meghan Markle’s latest move seals the deal
2025-01-11 12:27
-
Vin Diesel teases ‘Fast & Furious’ co-star Dwayne Johnson In Golden Globe
2025-01-11 11:37
User Reviews
Recommended Reads
Hot Information
- ویسٹ انڈیز نے پاکستان کے خلاف ٹیسٹ سیریز کے لیے 15 رکنی اسکواڈ کا اعلان کر دیا ہے۔
- ‘Wicked’ wins big at 2025 Golden Globes
- Tulisa Contostavlos feeling better after painful health struggles
- Kylie Jenner declares love for Timothée Chalamet despite actor's snub
- بھارت اور آسٹریلیا کے درمیان چوتھے ٹیسٹ میچ میں ایم سی جی کی شرکت کا ریکارڈ ٹوٹ گیا۔
- Amy Adams gets seal of approval on Golden Globes dress from someone special
- Taylor Swift’s ex Joe Alwyn wins hearts as he deals with questions on split
- Anthony Mackie gushes about 'normal' Harrison Ford, ‘He'd chill with us’
- رونالڈو اور میسی کے درمیان GOAT کی بحث پر رونالڈو کا کیا کہنا ہے؟
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content