Vance says US-India partnership a ‘win-win,’ consequences ‘quite dire’ otherwise
Vice President JD Vance recently highlighted the progress made towards a U.S.-India trade deal, emphasizing the importance of a strong partnership between the Trump administration and Indian Prime Minister Narendra Modi. Vance, speaking in Jaipur, India, underscored the potential for a prosperous and peaceful 21st century if the two nations work together.
Addressing the audience, Vance expressed concern about the consequences of a failed partnership between the U.S. and India, particularly in the Indo-Pacific region. He emphasized the need for a balanced global trade system that benefits both countries and creates opportunities for economic growth and job creation.
The goal of doubling bilateral trade to $500 billion by the end of the decade, announced by President Trump and Prime Minister Modi in February, reflects the commitment of both nations to strengthen their economic ties. Vance noted that the U.S. and India have finalized the terms of reference for trade negotiations, signaling a significant step towards a comprehensive trade agreement.
During his visit to India, Vance spoke about the personal connection he feels to the country, as the birthplace of his wife’s parents. He highlighted the positive relationship between his children and both President Trump and Prime Minister Modi, emphasizing the importance of building strong personal connections in international diplomacy.
Vance acknowledged Prime Minister Modi’s reputation as a tough negotiator and commended his efforts to advocate for India’s industries. He stressed the need for American leaders to prioritize the interests of U.S. workers and industries, while also recognizing the mutual benefits of a strong trade relationship with India.
In his address, Vance referenced the competitive nature of global trade, particularly in sectors such as manufacturing, energy, and technology. He emphasized the need for the U.S. and India to collaborate to maintain stability and prosperity in the Indo-Pacific region and beyond.
Vance also highlighted the importance of energy security and economic independence, noting the potential for increased cooperation between the U.S. and India in the energy sector. He expressed support for India’s goals in nuclear power production and AI development, emphasizing the role of American energy exports in helping India achieve these objectives.
Overall, Vance emphasized the mutual benefits of a closer economic partnership between the U.S. and India, highlighting the potential for increased trade, job creation, and economic growth. He expressed optimism about the future of the relationship and the opportunities for collaboration in various sectors.
