Modi says US and India target $500 billion bilateral trade by 2030

Modi says US and India target $500 billion bilateral trade by 2030

Indian Prime Minster Narendra Modi said on Thursday (February 13) the United States and India have set a target of doubling their bilateral trade to $500 billion by 2030 and will work on concluding a mutually beneficial trade agreement very soon, Reuters reports.

Modi made the comment at a press conference after a meeting with President Donald Trump in Washington. "We have ... set ourselves the target of more than doubling our bilateral trade to attain $500 billion by 2030. Our teams will work on concluding very soon, a mutually beneficial trade agreement,” Modi said.

A Trump administration official told reporters earlier that U.S. and Indian officials were also moving forward with talks on a bilateral trade deal and they hoped to have a deal in place this year.

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