US President Donald Trump has announced that the US and India are close to finalising a major trade deal, marking a significant step in strengthening bilateral trade ties between the two nations. Speaking at a press conference, Trump praised Indian Prime Minister Narendra Modi's negotiating skills, describing him as 'very tough'.
The trade deal, which has been in the works for several years, aims to increase trade between the US and India, with a focus on areas such as agriculture, pharmaceuticals, and technology. The agreement is also expected to boost India's economic growth and create jobs in the country.
Trump's comments come as a boost to Modi's government, which has been working to attract foreign investment and boost economic growth. The Indian Prime Minister has been keen to establish India as a major player in global trade, and the US-India trade deal is seen as a key milestone in achieving this goal.
The US-India trade deal is also expected to have implications for the UK, which has a significant trade relationship with both countries. The UK's Department for International Trade has welcomed the development, saying that it is 'encouraged' by the progress made so far.
However, the deal is still subject to completion of negotiations and approval from both countries' parliaments. The UK's Foreign Office is advising British nationals to exercise caution when travelling to India, citing crime and terrorism concerns.
Foreign Secretary Dominic Raab said: 'We welcome the progress made on the US-India trade deal and look forward to seeing the agreement come into force. However, we would like to remind British nationals that they should exercise caution when travelling to India and stay up to date with the latest travel advice.'