US, India Advance Trade Talks and Strategic Ties

US Vice President JD Vance announced significant progress toward a trade agreement with India after talks with Prime Minister Narendra Modi, with both sides finalizing terms of reference for negotiations. Vance praised Modi as a tough negotiator and emphasized the importance of a balanced, open trade system aimed at boosting bilateral trade. He urged India to lower non-tariff barriers to increase US market access, viewing this as key to concluding the deal. The agreement's roadmap now includes expanded cooperation in defense, energy, and critical minerals, with plans for joint defense production and energy security. Vance highlighted the partnership's broader strategic importance, especially in the Indo-Pacific, and warned of negative consequences if ties weaken. The negotiations are particularly urgent as India seeks to avoid potential US tariff hikes on its exports.