Travel
India seeks 'very deep' engagement with Trump administration
字号+ Author:Smart News Source:US 2025-01-15 07:23:39 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
-
CM Maryam announces motorcycle mini-clinics in Punjab
2025-01-15 06:52
-
ڈیڈی نے نئی دستاویزی فلم میں سابق دوستوں کے دعووں پر خاموشی توڑ دی
2025-01-15 06:09
-
جنیفر لوپز نے میڈ ان مانہیٹن 2 کے بارے میں اشارے دیے
2025-01-15 05:49
-
شاہ چارلس ڈچیس سوفی کو خوشخبری دیں گے: ’’وہ جو عزت کی مستحق ہیں‘‘
2025-01-15 05:20
User Reviews
Recommended Reads
Hot Information
- FBR imposes withholding tax on wedding events
- برینٹن ووڈ کا انتقال: سول موسیقار اور گلوکار و نغمہ نگار 83 سال کی عمر میں انتقال کر گئے۔
- جنیفر لوپز نے میڈ ان مانہیٹن 2 کے بارے میں اشارے دیے
- ڈیڈی نے نئی دستاویزی فلم میں سابق دوستوں کے دعووں پر خاموشی توڑ دی
- PSL 10 Draft: Sarfaraz Ahmed released by Quetta Gladiators after shift in captaincy
- بروس اسپرنگسٹین نے جیریمی ایلن وائٹ کی کاسٹنگ کے بارے میں اپنے حقیقی جذبات آخر کار ظاہر کر دیے۔
- پرنس ولیم اور پرنس ہیری کے ساتھ ٹگی لیج بورک کی رفاقت۔
- ٹیلر سوئفٹ اور ٹریوس کیلس نے 2025ء کا آغاز ایک نجی تقریب سے کیا۔
- Russia grants asylum to Bashar al-Assad amid plane crash speculations
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content