Indian Prime Minister Narendra Modi and U.S. Vice President J.D. Vance have welcomed "significant progress" in negotiations for a multi-sector Bilateral Trade Agreement (BTA) between India and the United States. The agreement aims to enhance market access, reduce tariffs, and deepen supply chain integration across goods, services, energy, and defense sectors
Pleased to welcome US @VP @JDVance and his family in New Delhi. We reviewed the fast-paced progress following my visit to the US and meeting with President Trump. We are committed to mutually beneficial cooperation, including in trade, technology, defence, energy and… pic.twitter.com/LRNmodIZLB
— Narendra Modi (@narendramodi) April 21, 2025
Both leaders are committed to advancing these discussions, with the goal of doubling bilateral trade to $500 billion by 2030. The BTA is seen as a strategic move to strengthen economic ties and counterbalance China's influence in the Indo-Pacific region. The announcement follows high-level meetings and underscores the growing partnership between the two nations.