US Vice President JD Vance, who is in India with his family, announced that the US wants to have more access to the Indian market. He also assessed that if both countries failed to cooperate, the 21st century may prove to be “dark time” for the world.
As JD Vance assured, President Donald Trump wants the United States and India They developed, and both countries can cooperate in the field of trade, defense and energy so that it was beneficial for both sides.
– If India and the United States work effectively, we will see the 21st century, which will pass successfully and under the sign of peace – said the Vice President in a speech in the North West Indian city of Jajpur. – But I also think that if we do not work well with each other, the 21st century may be dark for the world – he added.
The vice president announced that Americans want more access to the Indian market. He emphasized that India should consider removing barriers for American investors.
Source: PAP/EPA
Visit in a difficult moment
Vance also reported that Washington would like to support Delhi in search of underwater gas deposits and minerals. He announced that they would also like India to buy more American weapons and energy and announce that both countries would produce “a lot of defense equipment”.
The US Vice President started a four -day visit to India on Monday. That day in Delhi he talked with Narendra Modim's Prime Minister. He admitted that the leader of India is a “difficult negotiator” and therefore raises respect.
As Reuters emphasized, Vance's visit to India is largely private, including participation in the wedding ceremony in Jajpura. The vice president flew to India with his family, including his wife Usha, who is the daughter of Indian immigrants.
The visit takes place at a very important moment, because the Indian government makes efforts to conclude a preliminary trade agreement with the USA and avoid high customs tariffs imposed by President Trump, as well as strengthen relations with its administration.
Source: PAP/EPA
Progress on trade
According to Reuters, India is ready to reduce duties to more than half of the goods imported from the USA, whose value in 2024 amounted to almost $ 42 billion, which would facilitate the conclusion of an agreement.
The USA is currently the largest trading partner of India – the value of bilateral trade last year amounted to $ 129 billion. with a surplus of $ 45.7 billion On the side of India.
Vance said that he had achieved progress on trade during talks with Modim and confirmed that both parties agreed on the scope of commercial negotiations.
Author/author: TAS/ADSO
Source: PAP, Reuters
Source of the main photo: PAP/EPA