US Vice President James David Vance announced on Tuesday that India and America have finalized the terms of reference for a trade deal.
Additional quotes
- I believe that India and the US have much to offer one another.
- Our administration seeks trade partners on the basis of fairness.
- We have common goals with India.
- India and the US will co-produce many defence equipment items.
- India and the US both know the region must remain safe from any hostile powers.
- We want India to buy more of our military equipment.
- We want to help India explore offshore gas reserves and critical mineral supplies.
- India should consider dropping some of the non-tariff barriers for American access to the Indian market.
- I welcome India's budget amendment of nuclear liability laws.
- I believe America's energy can help realise India's nuclear goals.
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