Modi and Trump Target $500 Billion in Bilateral Trade by 2030

Prime Minister Narendra Modi’s visit to the White House culminated in discussions with President Trump, targeting $500 billion in bilateral trade by 2030. Key collaboration areas include defense, energy, and technology. Notable outcomes also included the approval for the extradition of 26/11 Mumbai attack perpetrator Tahawwur Rana and discussions surrounding military support, particularly in F-35 fighter jet acquisition.

During Prime Minister Narendra Modi’s recent visit to the White House, he and US President Donald Trump discussed the aim to reach $500 billion in bilateral trade by 2030. The leaders exchanged a firm handshake and shared a warm hug, emphasizing their long-standing friendship. Modi congratulated Trump on his re-election, highlighting the strengthening of Indo-US ties throughout Trump’s initial term in office.

In a press conference following their talks, Trump mentioned potential trade agreements focusing on defense, energy, and technology, expressing optimism over upcoming “wonderful trade deals”. He emphasized India’s increasing energy needs and indicated that the US would fulfill these demands by supplying significant quantities of oil and gas.

Trump acknowledged Modi’s leadership and friendship, asserting, “He is doing a great job in India, and I share a great friendship with him.” Modifying bilateral cooperation, both leaders reiterated their commitment to improving defense ties, with Trump offering advanced fighter jets to India amid his administration’s stricter trade policies.

Modi, in return, identified critical areas for collaboration, including enhancing oil and gas trading, which is pivotal for India’s energy security. He introduced the concept of “Viksit Bharat 2047” as India’s long-term vision while recognizing Trump’s

The meeting between Prime Minister Modi and President Trump highlights significant initiatives aimed at enhancing the bilateral relationship between India and the United States. With aspirations of reaching $500 billion in trade, both leaders are committed to collaborate across various sectors, including defense, energy, and technology. The approval of Tahawwur Rana’s extradition and the potential sale of F-35 stealth fighters further solidifies the strategic partnership, indicating a shared vision for mutual development and security. In summary, the discussions reflect not only the strengthening economic ties but also the pivotal role of the US in supporting India’s defense preparedness, suggesting a promising future for Indo-US relations.

Original Source: www.hindustantimes.com

About Aisha Khoury

Aisha Khoury is a skilled journalist and writer known for her in-depth reporting on cultural issues and human rights. With a background in sociology from the University of California, Berkeley, Aisha has spent years working with diverse communities to illuminate their stories. Her work has been published in several reputable news outlets, where she not only tackles pressing social concerns but also nurtures a global dialogue through her eloquent writing.

View all posts by Aisha Khoury →

Leave a Reply

Your email address will not be published. Required fields are marked *