Phase IFoundation
Background
Overview
India-US relations are a cornerstone of India's foreign policy and economic strategy. Trade is a significant component, impacting domestic industries, exports, and geopolitical alignment. UPSC frequently asks about major bilateral relations and their economic and strategic dimensions.
India-US bilateral trade relations encompass the economic interactions, including goods, services, investment, and technology transfer, between the two countries. These relations are often governed by various agreements and discussions aimed at facilitating trade, resolving disputes, and fostering mutual economic growth.