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India-US relations to be among top priorities of Trump administration

Trade transactions between the two countries are worth more than $110 billion at present

Donald Trump
Donald Trump
Subhayan Chakraborty New Delhi
Last Updated : Nov 11 2016 | 1:04 PM IST
India-US relations across trade, defence and social ties will be among the priorities of the newly elected US President Donald Trump's administration.

While priorities of Trump administration will emerge in the months following the elected Republican leader's taking charge of the White House in January, relations between India and the United States of America are sure to figure in them, United States ambassador Richard Verma said on Friday.

Trade transactions between the two countries are worth more than $110 billion at present with the value of merchadise trade being over $63 billion. Of this, India's exports to US, accounting for over $40 billion, constitutes the largest offshore market for Indian goods.

India also conducts $15 billion worth trade transactions in the defence sector with the US, Verma said. He added that the current level has been reached in a period of 10 years when significant deals have been inked in the defence sector.

Although the push by the US to cap the release of H1B and L1 visas continues to face opposition from India, Verma said Indians could continue to figure prominently in the list of recipient nations.

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First Published: Nov 11 2016 | 12:56 PM IST

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