In a landmark move signaling deepening economic and strategic ties, Vice President JD Vance has confirmed that the United States and India have officially finalized the terms of reference for upcoming trade negotiations. The announcement marks a pivotal step toward the establishment of a comprehensive bilateral trade agreement between the world’s two largest democracies.
According to Vice President Vance, the finalized framework lays the groundwork for a series of structured discussions aimed at expanding economic cooperation and aligning mutual trade interests. Key areas of focus will include job creation, the development of resilient and durable supply chains, and the promotion of long-term worker prosperity in both countries.
“This is not just about trade—it’s about creating a shared vision for economic growth and stability in a rapidly changing global environment,” Vance stated, emphasizing that the partnership is poised to play a critical role in shaping global commerce, particularly in the context of increasing competition with China.
The announcement comes amid growing efforts by both Washington and New Delhi to counterbalance Beijing’s influence in the Indo-Pacific region. The trade negotiations are expected to further solidify the US-India relationship, which has grown steadily stronger through defense cooperation, technology sharing, and now, more robust economic dialogue.
While in India, Vice President Vance also took time to engage in cultural diplomacy. Accompanied by his family, he toured Jaipur’s historic Amber Fort, highlighting the enduring cultural and people-to-people connections between the two nations.
The finalized terms now set the stage for formal negotiations in the coming months, with both sides expressing optimism about the potential for a groundbreaking agreement that could redefine transcontinental trade in the 21st century.