New Delhi: Prime Minister Modi will embark on his first state go to to the US on the invitation of President Joe Biden and First Lady Jill Biden in June. The US president and the First Lady will even host Modi at a state dinner on June 22. On the opposite hand, the American President is anticipated to journey to India in September to attend the G20 Leaders Summit. PM Modi is anticipated to start out his US journey from New York, the place he’ll lead the International Yoga Day occasions on June 21. He will then journey to Washington DC for the state go to. He can be prone to converse to the Indian group in Chicago. During his go to, PM Modi will even handle a Joint Session of the US Congress for the second time and it’s certainly historic.
Strategic Partnership
The Biden administration is taking part in the lengthy recreation by inviting PM Modi regardless of some challenges in bilateral ties, in keeping with Rick Rossow, a senior adviser on the Center for Strategic and International Studies. The US is attempting to take the connection to a brand new stage by way of industrial and safety relations, regardless that India has been reluctant to take a stronger stance on the Russian invasion of Ukraine.
Areas of Concern
Visa Delay: The lengthy wait time for visa interviews in India is affecting individuals-to-individuals ties.
Trade-Commerce: India has centered on home assist programmes and selective commerce agreements, whereas the US has introduced the Indo-Pacific Economic Framework. There is scepticism about whether or not they can match as much as the free commerce agreements that exist.
Tariff Disputes: The US revoked India’s GSP standing, which gave tariff preferences to Indian exporters. India imposed countervailing duties in opposition to the US metal and aluminium tariffs.
Areas of Cooperation
Defence Technology: The US is changing into a serious provider of crucial defence expertise to India.
Investment: The US is the biggest investor in India and the biggest items buying and selling associate. India has a items commerce surplus with the US.
Service Sector: India’s IT providers market is basically constructed round servicing and partnerships with the US. The US is a crucial associate for India’s present and future wants.