Bilateral TradeThe bilateral trade relationship between India and the United States has experienced a remarkable expansion over the years. In 2014, the two countries also initiated the bilateral Investment Initiative, aimed at facilitating foreign direct investment, portfolio investment, capital market development, and infrastructure financing. These initiatives reflect the commitment of both the nations to strengthen bilateral trade ties and foster economic collaboration. Space Exploration: India joined the Artemis Accords, a multinational agreement comprising 25 countries dedicated to space exploration and cooperation. CollaborationThe evolving relationship between India and the United States holds significant importance in shaping the global order of the 21st century.

Source: Indian Express June 30, 2023 09:53 UTC