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USIBC URGES NEW U.S. GOVT TO PRIORITISE TRADE AGREEMENTS WITH INDIA

The Sunday Guardian

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January 19, 2025

The US-India Business Council (USIBC) has urged the incoming Trump administration in US to prioritise reciprocal trade agreements with India, particularly in defence, digital services and pharmaceuticals among others.

USIBC URGES NEW U.S. GOVT TO PRIORITISE TRADE AGREEMENTS WITH INDIA

The council in a statement on Saturday outlined a comprehensive set of recommendations to strengthen the commercial relationship between the two nations under the new US administration.

These recommendations focus on areas of trade, technology, energy security, defense, and supply chain resilience, all aimed at advancing shared interests and spurring robust growth in both economies.

The USIBC urged that negotiating sector-specific agreements can unlock billions of dollars in economic potential and create new jobs on both sides.

Additionally, the council recommended the creation of a US-India Trade Council to focus on high-growth industries such as critical minerals and pharmaceuticals.

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