Headlining the issue of trade talks in his 25 minute speech, US Vice President JD Vance said, “When President Trump and Prime Minister Modi announced in February that our country's aim to more than double our bilateral trade to $500 billion by the end of the decade, I know that both of them meant and I'm encouraged by everything our nations are doing to get us there. As many of you are aware, both of our governments are hard at work on a trade agreement built on shared priorities by creating new jobs, building durable supply chains and achieving prosperity for our workers.”
“In our meeting yesterday, Prime Minister Modi and I made very good progress on all of those points, and we are especially excited to formally announce that America and India have officially finalized Terms of Reference for the trade negotiation. I think this is a vital step.
“I believe this is a vital step toward realizing President Trump's and Prime Minister Modi's vision, because it sets a roadmap toward a final deal between our nations. I believe there is much that America and India can accomplish together,” he said.