India, U.S. Announce Deal To Double Bilateral Trade By 2030

TaiwanPlus News

Indian Prime Minister Narendra Modi and U.S. President Donald Trump have announced plans to double bilateral trade between their countries by 2030. The two leaders met in the U.S. to discuss tariffs, trade and deterring a potential trade war.

Transcript

00:00A new trade agreement between India and the U.S. is coming, aimed at increasing bilateral

00:05trade.

00:06Friends, today we have achieved the goal of increasing bilateral trade by more than two

00:15times from 2030 to 500 billion dollars.

00:28Indian Prime Minister Narendra Modi made the announcement after meeting U.S. President

00:32Donald Trump in Washington, D.C.

00:35Modi said the trade agreement will focus on oil and gas.

00:39Trump also said the U.S. will increase military sales to India starting this year.

00:44The two leaders met to discuss tariff, trade and concessions to deter a trade war.

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