According to the White House, the Biden administration is committed to working together with India in groups like the Quad to advance economic growth and expand bilateral cooperation.
The U.S., India, Japan, and Australia are partners in the Quad to develop a new strategy to keep the critical sea routes in the Indo-Pacific free of any influence.
On Wednesday, April 19, White House Press Secretary Karine Jean-Pierre told reporters at her daily news conference, “The United States and India have a strong bilateral relationship and that’s including trade as well [as] trade relationship.
The U.S. has emerged as India’s biggest trading partner in 2022-23 on account of increasing economic ties between the two countries.
According to the provisional data of the commerce ministry, the bilateral trade between India and the U.S. has increased by 7.65 percent to over $128 billion in 2022-23 as against $120 billion in 2021-22. In 2020-2021 it was $80 billion.
