.jpg)
23 hours ago
1
Article content
NEW DELHI (AP) — U.S. Vice President JD Vance will embark on a four-day visit to India on Monday as the two countries seek to unlock economic opportunities and negotiate a bilateral trade deal.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
Article content
Vance will meet Prime Minister Narendra Modi in New Delhi for talks on the economy, trade and geopolitical ties. Vance’s visit is seen as an important diplomatic mission by President Donald Trump’s administration, and it coincides with a rapidly intensifying trade war between Washington and Beijing, which is New Delhi’s main rival in the region.
Article content
Article content
A trade deal between India and the U.S. could significantly enhance economic ties between the two countries and potentially strengthen diplomatic ties.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
The U.S. is also India’s largest trading partner, with bilateral trade valued at $190 billion until recently.
Article content
India’s foreign ministry has said the visit will “provide an opportunity for both sides to review the progress in bilateral relations” and two leaders will “exchange views on regional and global developments of mutual interest.”
Article content
Here’s what to know more about Vance’s visit:
Article content
Bilateral trade agreement
Article content
Vance’s arrival in India comes weeks after Director of National Intelligence Tulsi Gabbard was in India for a geopolitical conference and two months after Modi met Trump in Washington.
Article content
Modi was among the first leaders to visit the U.S. and hold talks with Trump after he returned to the White House. During his visit, Modi hailed a “mega partnership” with the U.S. and kickstarted a negotiation process to minimise the possible fallout of Trump’s tariffs after it had already cut tariffs on a range of U.S. goods.
Article content
Article content
Regardless, Trump targeted India with a 26% levy as part of his now-paused tariff programme, which has provided temporary relief for Indian exporters.
Article content
During his visit, Modi sought to soften impending trade barriers by saying he was open to reducing more tariffs on U.S. goods, repatriating undocumented Indian nationals and buying military gear. The two countries also agreed to start talks towards clinching the bilateral trade agreement.
Article content
Modi on Friday said he spoke with Elon Musk and said he and the SpaceX CEO “discussed the immense potential for collaboration in the areas of technology and innovation,” saying “India remains committed to advancing our partnerships with the U.S. in these domains.”
Article content
India’s deep ties to US business
Article content
India is a close partner of the U.S. for bilateral trade, foreign direct investments, defence cooperation, and an important strategic ally in combating the rising influence of China in the Indo-Pacific region.
Article content
It is also part of the Quad, which is made up of the United States plus India, Japan and Australia and seen as a counter-balance to China’s expansion in the region.
English (US)