Before the US President Donald Trump’s first visit to India, a White House official said on Thursday that the fuel sector partnership between the two countries has immense potential. He said that the United States can supply as much fuel as India would like. Larry Kudlow, Trump’s economic adviser, said that negotiations were going on between the two countries on the trade deal.
Let us tell you that Donald Trump is going to visit India on 24 and 25 February. This will be his first visit to India. Trump said on Wednesday that the visit will be very special. It will prove to be important in strengthening the friendship of the two countries in the times to come. Prior to Trump’s visit, the two countries are preparing to strike a major defense deal. The deal also includes the purchase of $ 2.6 billion worth of helicopters by the Indian Navy from the US company Lockheed Martin.
Regarding the increased fuel exports by the US to India, Kudlow said that the region has immense potential. If India needs fuel, America can supply it. Kudlow said, ‘when we had a bilateral meeting with Prime Minister Modi, I told him that you give us a figure and we will complete it.’ In the last year, fuel exports to India by the US increased to $ 8 billion. It is estimated to reach $ 10 billion this year. India’s new ambassador to the US Taranjit Singh recently said that our fuel trade reached nearly eight billion dollars last year. It was zero a few years ago.
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