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  • 5 months ago
US President Donald Trump’s nominee for the next ambassador to India, Sergio Gor, said on Thursday that the administration views India’s vast middle class as a key market and is eager for the country to buy American crude and oil products. He added that the ongoing trade talks between the two nations are aimed at advancing this objective.

“We fully intend in these trade talks that are ongoing right now to open the markets to crude oil, petroleum products, liquefied natural gas. Their middle class, by our definition, is larger than the entire United States. We have countless possibilities to expand into those markets, and we fully intend to do that,” he said.

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00:00Another area that remains under-discussed is cooperation with India, specifically on
00:04energy.
00:06India has the world's largest population, a booming economy, and it's on track to become
00:11the world's largest economy in future years.
00:15President Trump is committed to American energy dominance, and obviously my home state of
00:19Texas is a powerhouse when it comes to energy.
00:22Talk a little bit about the possibilities for U.S.-India energy cooperation.
00:27Look, possibilities are endless, Senator, as you pointed out.
00:30We fully intend in these trade talks that are ongoing right now to open the markets to
00:35crude oil, petroleum products, liquefied natural gas.
00:38You're talking about a population of 1.4 billion individuals there.
00:43Their middle class, by our definition, is larger than the entire United States of America.
00:48And so we have countless possibilities to expand into those markets, and we fully intend to
00:52do that.
00:53Excellent.
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