New Delhi: BJP national president Nitin Nabin on Monday hailed the India-US trade agreement, saying it would provide new momentum to the Indian economy and also give new impetus to the country’s goal of attaining a developed status.
His remarks came soon after US President Donald Trump spoke to Prime Minister Narendra Modi and announced that India and the US have agreed on a trade deal.
Under the agreed deal, Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent. Trump said India will move forward to reduce “tariffs and non-tariff barriers” against the US to zero, adding New Delhi would buy American goods, including energy, worth more than USD 500 billion.
“This new progress in India-US relations is highly commendable. Heartiest congratulations to the Hon’ble Prime Minister Ji. Under his able leadership, new doors of opportunities are continuously opening for the youth of India. The deepening relationship between India and America–i.e., the two powerful democracies of the world–will have a very positive and far-reaching impact. This decision will serve as a medium to give new momentum to the progress of the Indian economy. It will also infuse fresh energy into the Atmanirbhar Bharat and Make in India campaigns. ” Nabin wrote on X
