Bilateral commerce can be a key focus as PM Modi travels to Washington DC after the AI Summit in France for talks with US President Trump.
Donald Trump will host a dinner for PM Modi on the White Home on twelfth February, adopted by one-on-one and delegation-level talks the subsequent day.
Key US CEOs will meet PM Modi on the identical day, and there could also be an Indian group occasion throughout his go to, although particulars are usually not finalised.
Bilateral commerce stood at $191.8 billion in 2022, with India having fun with a $35 billion commerce surplus.
Trump has beforehand criticised the commerce deficit with India, referring to the nation as a “tariff king.”
Commerce Minister Piyush Goyal expressed hopes for a forward-looking financial partnership and honest buying and selling preparations between each nations.
India could supply to buy extra US defence gear, together with C-130 Hercules and P-8I maritime patrol plane, to assist scale back the US commerce deficit.
India can also categorical curiosity in shopping for extra crude oil and LNG from the US.
A mini-trade deal was nearly finalised in 2020, however the Biden administration shelved it. Some officers within the present administration favour an early commerce settlement.
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