USISPF second annual leadership summit held in Washington

The US India Strategic and Partnership Forum 2nd annual leadership summit held in Washington. “US India Bilateral Trade Report” was released on the occasion.
Some findings of the report are:

  • US India bilateral trade could reach USD 238 billion by 2025.
  • Sectors such as defence trade, commercial aircrafts, oil and LNG, coal, machinery and electronics are areas of potential growth.
  • The US-India trade balance has grown 3.8 per cent on an average in favour of India.

Static/Current Takeaways Important For EPFO/LIC ADO Mains:

  • President of United States: Donald Trump; Capital: Washington, DC.

Source: The Financial Express

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