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.