00:01US President J.D. Vance and Indian Prime Minister Narendra Modi have held making positive progress in talks over a trade deal after a meeting in New Delhi.
00:13The pair discussed improved bilateral cooperation in various areas such as energy, defence and technology.
00:23Vance praised Modi and said that the two countries had finalised the terms of reference for trade talks.
00:30He also added that if these were to fail, it would be, quote, a dark time for humanity.
00:38According to US official data, the United States is India's main trading partner, with bilateral trade between the two countries valued at 113 billion euros in 2024.
00:51They are now aiming to increase this figure to 436 billion by 2030.