Prime Minister Narendra Modi said in a joint press conference at the White House on Thursday that just as Trump is working towards making America great again, India has also set a target of becoming a developed nation by 2047. PM Modi said that if both countries move forward together, they can give a new shape to the whole world. PM Modi also gave a new slogan and said that MAGA and MIGA together can create a mega partnership of prosperity.
PM Modi explained the meaning of his slogan.
PM Modi said 'The people of America will be well aware of President Trump's slogan 'Make America Great Again'. The people of India are also moving forward with the resolve of a developed India by 2047. In the language of America, this is Make India Great Again - MIGA. When India and America work together, MAGA and MIGA together will create a mega partnership for prosperity. This mega feeling will give a new dimension to our objectives. Today we have also set a target to increase bilateral trade to $ 500 billion by the year 2030.'
'Will work towards trade agreement'
On the trade agreement between the two countries, PM Modi said 'Our teams will soon work on a trade agreement, which will mutually benefit both countries. We will strengthen oil and gas trade to ensure India's energy security. Investment in energy-related infrastructure will increase. In the nuclear energy sector, we talked about deepening our cooperation towards small modular reactors. The US plays an important role in India's defense preparedness. As strategic and trusted partners, we are actively moving towards joint development, joint production, and transfer of technology. New technology and equipment will increase our capacity.
What is the trade status between India and America?
According to media reports, bilateral trade between India and the US was $129 billion in the year 2024. In the year 2024, the US remained India's largest trading partner. However, India remained the 10th largest trading partner country for the US. The US does the most trade with Mexico, Canada, and China. America's annual trade with Mexico was around $839 billion in the year 2024. At the same time, this figure with Canada was $762 billion. America did bilateral trade of $582 billion with China in the year 2024. According to the data of the US Census Bureau of America, the trade deficit between India and America is also increasing. America imported goods worth $45 billion from India in the year 2024. At the same time, India imported goods worth about $24 billion from America during this period. In this way, the trade deficit between the two countries is very high and this is the reason why Trump is talking about increasing tariffs on India.
Protests continue over the screening of 'Chhava' in Belgaum, Karnataka. Tension prevailed in Belg
Indian women's team's experienced all-rounder Deepti Sharma has created history during the fifth
A train is hijacked in Balochistan, Pakistan and many passengers are taken hostage. This hijackin
The Supreme Court on Thursday refused to hear the petition immediately, which challenged the noti
Saiyyaraa is ruling the box office like a king right now. The way Mohit Suri's Ahaan Pandey and A
The audience is eagerly waiting for Aamir Khan's much-awaited film 'Sitare Zameen Par'. After the
Shah Rukh Khan has received the National Film Award for the film 'Jawaan'. This is the first time
Railways have also come into alert mode amid the air strikes between India and Pakistan on Thursd
On the completion of 11 years of the NDA government, Union Home Minister Amit Shah on Monday talk
Salman Khan's brother-in-law Aayush Sharma targeted by the Bishnoi gang? Threatening email sent
The number of threats being received by Bollywood stars is increasing day by day. Following the s
