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flag US and India aim to double trade to $500 billion by 2030 through a new bilateral agreement.

flag India and the US are working on a bilateral trade agreement aimed at providing preferential market access to each other's businesses. flag The goal is to more than double their bilateral trade to $500 billion by 2030 from the current $191 billion. flag In February, leaders Trump and Modi announced plans to negotiate the first phase of the deal by September-October 2025. flag The US is India's largest trading partner, with trade valued at $131.84 billion in 2024-2025.

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