Latest news with #India-U.S.COMPACT
United News of India
02-08-2025
- Business
- United News of India
Our ties with US have weathered many transitions and challenges: India on Trump's criticism
New Delhi, Aug 1 (UNI) India today appeared to brush aside US President Donald Trump's use of strong language against India, saying the partnership has weathered several transitions and challenges, and expressed confidence that the bilateral relationship will continue to progress. Ministry of External Affairs spokesperson Randhir Jaiswal, answering a barrage of questions on President Trump's negative comments, especially terming India as a 'dead economy', said: 'India and the United States share a comprehensive global strategic partnership anchored in shared interests, democratic values, and robust people-to-people ties. 'This partnership has weathered several transitions and challenges. We remain focused on the substantive agenda that our two countries have committed to and are confident that the relationship will continue to move forward.' On Thursday, President Trump had said that India and Russia could 'take their dead economies down together', hours after announcing that he would levy 25% tariffs on Indian imports from Friday, August 1. Countering the US President's statement, Commerce and Industries Minister Piyush Goyal said yesterday that India is seen as an economic 'bright spot' in the world 'All things not good', Trump wrote on Truth Social, adding that India would be paying a tariff of 25% from August 1, plus a penalty for buying military hardware and energy from Russia. Trump had also said that the U.S. and India 'don't do a lot of trade'. In 2024, India and the U.S. conducted trade in goods and services worth $186 billion, with a surplus of $41 billion in India's favour The MEA spokesperson said they have taken note of Trump's announcement of a 25 percent tariff on Indian goods, adding that the government is studying and reviewing the move. He also chose not to respond to the U.S. President's taunt about Pakistan potentially selling oil to India. 'We have nothing to say,' the spokesperson said. India also stood by its decision to purchase oil from Russia, with the spokesperson saying that India's choices are guided by the prevailing global scenario and the best available deals in the market to secure the country's energy needs. "Our ties with any country stand on their own merit and should not be seen through the prism of a third country. As far as India-Russia relations are concerned, we have a steady and time-tested partnership," the spokesperson said. 'In securing our energy needs, we are guided by what is on offer in the markets and by the prevailing global circumstances,' he added. On India-US defence cooperation, Jaiswal highlighted the robust nature of India-U.S. defence ties, which he said have significantly deepened in recent years. "There is considerable potential for this partnership to expand further," he noted. 'We have a strong defence partnership with the U.S. which has been strengthening over the last several years. There is potential for this partnership to grow further under the India-U.S. COMPACT for the 21st century.' UNI RN
New Indian Express
01-08-2025
- Politics
- New Indian Express
India clarifies no talks held on F-35 jets, stresses autonomy in balancing ties with US, Russia
NEW DELHI: India has reaffirmed its commitment to deepening its strategic partnership with the United States, while maintaining its traditional ties with Russia and emphasising sovereign decision-making in defence procurement. External Affairs Ministry spokesperson Randhir Jaiswal said on Friday that India's ties with various countries stand on their own merit and should not be seen from the prism of a third country. 'India and Russia have a steady and time-tested partnership,' he said. Jaiswal pointed out that the India-US relationship is a 'comprehensive global strategic partnership' anchored in 'shared interests, democratic values, and robust people-to-people ties,' noting that the partnership has endured 'several transitions and challenges.' He added, 'We remain focused on the substantive agenda that our two countries have committed to and are confident that the relationship will continue to move forward.' Addressing a question on defence cooperation, Jaiswal said: 'We have a strong defence partnership with the U.S., which has been strengthening over the last several years. There is potential for this partnership to grow further under the India-U.S. COMPACT for the 21st century.'
The Hindu
26-05-2025
- Business
- The Hindu
Foreign Secretary Vikram Misri to visit U.S. from May 27-29; military cooperation on agenda
Foreign Secretary Vikrma Misri will travel to Washington, D.C. for a two-day visit to the U.S. to meet senior officials of the administration from May 27-29, the Ministry of External Affairs announced on Monday (May 26, 2025). Mr. Misri's visit is a follow up to Prime Minister Narendra Modi's visit to the U.S. in February this year, when both nations had launched the India-U.S. COMPACT (Catalysing Opportunities for Military Partnership, Accelerated Commerce & Technology) for the 21st Century, according to Ministry of External Affairs' statement. The MEA stated, 'Foreign Secretary Shri Vikram Misri will be visiting Washington, D.C., USA from 27-29 May 2025 to meet senior officials of the US Administration. The visit is a follow up to Prime Minister's visit to the United States in February 2025, when both sides had launched the India-U.S. COMPACT (Catalysing Opportunities for Military Partnership, Accelerated Commerce & Technology) for the 21st Century.' India and the U.S. bolstered their ties during PM Modi's two-day visit with a series of initiatives across several sectors. US President Donald Trump and PM Modi had launched a new initiative -'US-India COMPACT for the 21st Century' - to drive transformative change across key pillars of cooperation. This was PM Modi's first visit to the U.S. since President Donald Trump's inauguration of the second Presidential term in January. To further advance defence ties, the leaders had announced plans to sign this year a new ten-year Framework for the U.S.-India Major Defence Partnership in the 21st Century. Highlighting the deepening convergence of U.S.-India strategic interests, the leaders had reaffirmed their unwavering commitment to a dynamic defence partnership spanning multiple domains, according to joint statement released after their bilateral meeting. The leaders committed to designate senior representatives to advance these negotiations and to ensure that the trade relationship fully reflects the aspirations of the COMPACT. (With inputs from ANI)
NDTV
24-04-2025
- Business
- NDTV
"Great Leader": JD Vance Praises PM Modi During His India Visit
New Delhi: United States Vice President JD Vance on Monday said it was an "honour" to meet Prime Minister Narendra Modi and called the PM a "great leader" on the first day of his India visit. Vance also expressed gratitude for hosting his family at the PM's residence in New Delhi and said that PM Modi was "incredibly kind to my family." Responding to PM Modi's post on X, the US Vice President wrote, "It was an honor to see Prime Minister Modi this evening. He's a great leader, and he was incredibly kind to my family." It was an honor to see Prime Minister Modi this evening. He's a great leader and he was incredibly kind to my family. I look forward to working under President Trump's leadership to strengthen our friendship and cooperation with the people of India! — JD Vance (@JDVance) April 21, 2025 Vance further expressed willingness to strengthen friendship and cooperation between the two countries. "I look forward to working under President Trump's leadership to strengthen our friendship and cooperation with the people of India!" Vance said. PM Modi, after meeting Vance, said that both nations are committed to mutually beneficial cooperation in various sectors. "Pleased to welcome US Vice President JD Vance and his family to New Delhi. We reviewed the fast-paced progress following my visit to the US and meeting with President Trump. We are committed to mutually beneficial cooperation, including in trade, technology, defence, energy and people-to-people exchanges," PM Modi wrote on X. He also emphasised that India-US Comprehensive Global Strategic Partnership will be a "defining" partnership of the 21st Century for India and the world. During the meeting, the two leaders reaffirmed the strength of the India-U.S. Comprehensive Global Strategic Partnership and jointly launched the India-U.S. COMPACT (Catalyzing Opportunities for Military Partnership, Accelerated Commerce & Technology) for the 21st Century, which as described by a statement from US Vice President office is an "initiative anchored in mutual trust, shared interests, goodwill, and robust engagement of their citizens". The two leaders also welcomed the progress in the negotiations for a US-India Bilateral Trade Agreement (BTA). They formally announced the finalisation of the Terms of Reference for the negotiations. "Vice President Vance and Prime Minister Modi welcomed significant progress in the negotiations for a US-India Bilateral Trade Agreement (BTA) and formally announced the finalization of the Terms of Reference for the negotiations, laying down a roadmap for further discussions about our shared economic priorities," said the statement from Vance's office. It said BTA presents an opportunity to negotiate a new and modern trade agreement focused on promoting job creation and citizen well-being in both countries. The goal is to enhance bilateral trade and supply-chain integration in a balanced and mutually beneficial manner. "Guided by their respective visions of 'Amrit Kaal for India' and 'Golden Age for America,' BTA is expected to create new opportunities of growth for workers, farmers, and entrepreneurs in both countries," the statement said. The US Vice President, who is on a four-day official visit to India starting Monday, has arrived in Jaipur with his family for the second leg of his visit. Vance will visit Agra on April 23. The visit concludes with their departure from India on April 24 at 6:40 am. The visit comes closely on the heels of a positive and successful meeting between President Trump and Prime Minister Modi in Washington earlier this year.
NDTV
21-04-2025
- Business
- NDTV
"Great Leader": JD Vance Lauds PM Modi During His India Visit
New Delhi: United States Vice President JD Vance on Monday said it was an "honour" to meet Prime Minister Narendra Modi and called the PM a "great leader" on the first day of his India visit. Vance also expressed gratitude for hosting his family at the PM's residence in New Delhi and said that PM Modi was "incredibly kind to my family." Responding to PM Modi's post on X, the US Vice President wrote, "It was an honor to see Prime Minister Modi this evening. He's a great leader, and he was incredibly kind to my family." It was an honor to see Prime Minister Modi this evening. He's a great leader and he was incredibly kind to my family. I look forward to working under President Trump's leadership to strengthen our friendship and cooperation with the people of India! — JD Vance (@JDVance) April 21, 2025 Vance further expressed willingness to strengthen friendship and cooperation between the two countries. "I look forward to working under President Trump's leadership to strengthen our friendship and cooperation with the people of India!" Vance said. PM Modi, after meeting Vance, said that both nations are committed to mutually beneficial cooperation in various sectors. "Pleased to welcome US Vice President JD Vance and his family to New Delhi. We reviewed the fast-paced progress following my visit to the US and meeting with President Trump. We are committed to mutually beneficial cooperation, including in trade, technology, defence, energy and people-to-people exchanges," PM Modi wrote on X. He also emphasised that India-US Comprehensive Global Strategic Partnership will be a "defining" partnership of the 21st Century for India and the world. During the meeting, the two leaders reaffirmed the strength of the India-U.S. Comprehensive Global Strategic Partnership and jointly launched the India-U.S. COMPACT (Catalyzing Opportunities for Military Partnership, Accelerated Commerce & Technology) for the 21st Century, which as described by a statement from US Vice President office is an "initiative anchored in mutual trust, shared interests, goodwill, and robust engagement of their citizens". The two leaders also welcomed the progress in the negotiations for a US-India Bilateral Trade Agreement (BTA). They formally announced the finalisation of the Terms of Reference for the negotiations. "Vice President Vance and Prime Minister Modi welcomed significant progress in the negotiations for a US-India Bilateral Trade Agreement (BTA) and formally announced the finalization of the Terms of Reference for the negotiations, laying down a roadmap for further discussions about our shared economic priorities," said the statement from Vance's office. It said BTA presents an opportunity to negotiate a new and modern trade agreement focused on promoting job creation and citizen well-being in both countries. The goal is to enhance bilateral trade and supply-chain integration in a balanced and mutually beneficial manner. "Guided by their respective visions of 'Amrit Kaal for India' and 'Golden Age for America,' BTA is expected to create new opportunities of growth for workers, farmers, and entrepreneurs in both countries," the statement said. The US Vice President, who is on a four-day official visit to India starting Monday, has arrived in Jaipur with his family for the second leg of his visit. Vance will visit Agra on April 23. The visit concludes with their departure from India on April 24 at 6:40 am. The visit comes closely on the heels of a positive and successful meeting between President Trump and Prime Minister Modi in Washington earlier this year.
