Trade Deal Unlikely as Stage Set for Trump's Visit to India

2020/02/24

A number of agreements and Memorandum of Understandings, including on counterterrorism, intellectual property rights, space and medical cooperation, are likely to be signed during Trump's two-day visit to India, official sources said.
But what has attracted the media's attention is a 500-meter long wall that has been erected along the route from Ahmedabad Airport to the stadium to apparently to hide thousands of slums, evoking public criticism. Local government officials claim that the wall was built for "security reasons."
According to US experts, defense deals up to $3 billion are likely to be announced after delegation-level and one-to-one talks between Indian Prime Minister Narendra Modi and Trump conclude on Tuesday.
The United States remains India's second biggest trade partner after China, and has also grown as a big defense partner in the recent past.
The Modi cabinet has already cleared a $2.4 billion deal for 24 military helicopters from the US firm Lockheed Martin.
According to India's Foreign Secretary S Jaishankar, overall bilateral trade increased by over 10 percent per annum over the past two years to reach $142 billion in 2018.
 
Source: Xinhua