NEW DELHI, May 24 (ANI) — With India and the United States engaged in ongoing negotiations over a trade agreement, U.S. Secretary of State Marco Rubio said India has committed to purchasing $500 billion worth of American goods over the next five years, spanning energy, technology, and agriculture sectors, and praised the efforts of U.S. Ambassador to India Sergio Gor and American diplomats.
Rubio made the remarks in a post on X during his four-day visit to India, stating that the expanded imports would include energy products, aircraft and aircraft parts, precious metals, technology products, and coking coal.
“Huge thanks to U.S. Ambassador to India Sergio Gor and our American diplomats for their efforts. Because of their great work, India has committed to purchasing $500 billion in U.S. goods over the next five years, focusing on energy, technology, and agriculture. They’re doing terrific work on behalf of President Trump and the American people,” Rubio said.
The United States and India had earlier announced in February that they had reached a framework for an interim agreement on reciprocal and mutually beneficial trade. The framework reaffirmed both countries’ commitment to broader bilateral trade agreement (BTA) negotiations launched by President Donald Trump and Prime Minister Narendra Modi on February 13, 2025.
According to a joint statement, India intends to purchase $500 billion in U.S. energy products, aircraft and aircraft parts, precious metals, technology products, and coking coal over the next five years. The statement also noted plans to significantly expand trade in technology products, including graphics processing units (GPUs) and data center equipment, alongside broader technology cooperation.
Rubio, who also held a joint press conference in New Delhi with External Affairs Minister S. Jaishankar, said the two countries are “on the verge” of reaching a trade agreement and have made “tremendous progress” in negotiations aimed at rebalancing trade relations.
He dismissed suggestions of reduced momentum in the bilateral relationship, saying trade discussions are part of a broader global effort by the U.S. administration to address trade imbalances.
“The President did not say, ‘Let’s figure out a way to create friction with India over trade.’ The President came in and said we have a trade situation involving the U.S. economy that doesn’t work moving forward. There’s a huge imbalance that’s built up, and it needs to be addressed,” Rubio said.
He added that trade issues are being raised globally as part of a wider reassessment of U.S. trade arrangements and expressed optimism that a final agreement with India would be mutually beneficial and sustainable in the long term.
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