Key Insights from the Modi-Trump Summit: F-35s and Trade Boost
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Synopsis
Prime Minister Modi and President Trump discussed strengthening India-US relations through nuclear energy, trade, and defense cooperation, aiming to double bilateral trade and enhance military ties.
Key Takeaways
- Civil Nuclear Agreement
- Doubling Bilateral Trade
- Military Sales and F-35 Fighter Jets
- MIGA and MAGA
- Russia-Ukraine Conflict
- IMEC Agreement
New Delhi, Feb 14 (NationPress) Prime Minister Narendra Modi engaged in bilateral discussions with US President Donald Trump in Washington DC on Friday, focusing on strengthening the India-US partnership across multiple sectors while reaffirming their commitment to nuclear energy.
The leaders covered a range of topics, including enhancing the defense cooperation between the two nations and improving relations in areas such as energy and trade.
During their meeting, the warm embrace between the two leaders captured attention. Trump referred to PM Modi as a ‘great friend’ and remarked, “We missed you, we missed you a lot” during their hug.
Here are the critical insights from the Modi-Trump meeting:
- Civil Nuclear Agreement: A significant focus was placed on advancing nuclear energy initiatives in India. The leaders explored ways to enhance collaboration in the energy sector, agreeing to work together on US-designed nuclear reactors in India, emphasizing large-scale localization and potential technology transfer.
- Doubling Bilateral Trade: The two leaders committed to increasing bilateral trade to $500 billion by 2030. PM Modi expressed, “We have set ourselves the target of more than doubling our bilateral trade to attain $500 billion by 2030.”
- Military Sales and F-35 Fighter Jets: Trump announced a significant rise in military sales to India, including the provision of F-35 stealth fighters, aligning India with NATO allies in terms of military capabilities.
- MIGA and MAGA: The meeting introduced the term MIGA (Make India Great Again), reflecting Modi’s vision in contrast to Trump’s campaign slogan, MAGA. Modi stated that together, India and the USA have a MEGA partnership for prosperity.
- Russia-Ukraine Conflict: Modi acknowledged the US's efforts to mediate in the Russia-Ukraine war and reiterated India's position for a peaceful resolution, dispelling the notion of India's neutrality.
- IMEC Agreement: Trump expressed intentions for India and the US to collaborate on the India-Middle East-Europe Economic Corridor (IMEC), which he described as ‘one of the greatest trade routes’ spanning from Israel to Italy and beyond.
