Prime Minister Narendra Modi addressed the NDA meeting and spoke about the recent trade agreement between India and the United States. He said the agreement marks an important step in India’s trade relations with the US.
Trade Agreement and Government Approach
- The Prime Minister stated that the government faced criticism over tariffs imposed by the United States on Indian goods. He explained that the government maintained its negotiating position throughout the entire process. He said that the current situation in his country exists because of his previous work.
- The agreement created an economic environment which benefited the agreement. The government maintains its constant trade negotiation position according to him. He explained that India benefits from trade despite other countries facing trade difficulties through their international conflicts.
Economic Reforms and Growth Outlook
- Prime Minister Modi said the government continues to take steps to strengthen industrial growth. He said the United States trade negotiations faced multiple difficulties since they started three years ago. The government maintained its involvement with the procedure.
- The last ten years of introduced reforms created many positive effects according to him. He said India has emerged as one of the fastest-growing major economies and has increased its global influence. He expressed his belief that India will achieve the status of third-largest global economy within upcoming years.
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