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Showing posts from January 19, 2020

Donald Trump to Visit India in February to Sign a Trade Deal

ECONOMY   / K. Venkateshwar Rao 17 JANUARY 2020 A year after expressing his inability to attend the Republic Day parade in the Indian capital, the US President Donald Trump will be visiting India in February to sign a short term trade deal, paving the way for a longer-term agreement on a later date. Officials from New Delhi and Washington are working out mutually convenient times for the US President Donald Trump’s visit to India. According to trade observers, Trump wants to counterbalance China with India, which has a considerable market and offers high potentials for US investors. The US, which is a prominent supplier of arms to India, is keen to have greater access to the vast Indian consumer market. The trade agreement with India will be an essential achievement of the Trump administration with the US President seeking a second term in November. With the Modi government, struggling with a slowing Indian economy and keen to attract investment to revive it, a trade packag