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USISPF second annual leadership summit held in Washington

USISPF second annual leadership summit held in Washington_50.1

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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