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10 big announcements from Modi, Trump talks: F35 jets, trade target, nuclear tech & more

From the sale of F-35 stealth fighter jets to India to US approving extradition of key 26/11 accused, a list of key announcements from the bilateral meeting

February 14, 2025 / 07:53 IST
US President Donald Trump and Prime Minister Narendra Modi held a joint press conference at White House in Washington, DC.

Prime Minister Narendra Modi and US President Donald Trump held talks at the Oval Office on February 13 (US time). The two leaders discussed trade relations, immigration, military sales, nuclear technology among other key issues.

From the sale of F-35 fighter jets to India to US approving extradition of key 26/11 accused, here are the 10 big announcements from the bilateral meeting:

Double bilateral trade by 2030:  India and US have agreed to increase their bilateral trade to $500 billion by 2030, PM Modi said. Taking a leaf out of Trump's "Make America Great Again", PM Modi said that Viksit Bharat means "Make India Great Again", or MIGA."MIGA and MAGA together becomes MEGA partnership for prosperity," PM Modi said.
"We have set ourselves the target of more than doubling our bilateral trade to attain $500 billion by 2030. Our teams will work on concluding very soon, a mutually beneficial trade agreement,” Modi said.

Extradition of 26/11 accused: US President Trump announced his administration has approved the extradition of 26/11 Mumbai attacks accused Tahawwur Rana to India. "We have cleared the extradition of one of the plotters of the 2008 Mumbai terror attack to India. We are handing him over to India where he will face the law and brought to justice," President Trump said.

F35 stealth fighter jets: US has announced plans to provide India with F-35 stealth fighter jets. “Starting this year, we will be increasing military sales to India by many billions of dollars. We are also paving the way to ultimately provide India with the F-35 Stealth fighters."

Launch of Autonomous Systems Industry Alliance: PM Modi said they have decided to launch Autonomous System Industry Alliance. PM said, "India and US can together shape a better world. We have decided to launch 'Autonomous System Industry Alliance'. For the next decade, defence cooperation framework will be made."

India and US to help build IMEC corridor: US President Trump said India and US has agreed to work together to help build IMEC (India-Middle East-Europe Economic Corridor). "We agreed to work together to help build one of the greatest trade routes in all of history. It will run from India to Israel to Italy and onward to the US, connecting our partners, roads, railways and undersea cables. It is a big development," Trump said.

India reforming laws to welcome US nuclear tech: US President India is also reforming its laws to welcome the US nuclear technology  into the Indian market. Trump said, “India is also reforming its laws to welcome the US to nuclear technology at the highest level into the Indian market. This will bring safe, clean and affordable electricity to millions of Indians and tens of billions of dollars to the US civilian nuclear industry in India."

US to be leading supplier of oil and gas to India: Addressing the joint news conference, Trump said India and the US have reached an important agreement on energy that will restore the United States as a leading supplier of oil and gas to India. “We have reached an important agreement on energy that will restore America as a leading supplier of oil and gas to India,” he said.

Increasing military sales to India by many billions of dollars: In a significant move, US President Trump said the country will increase military sales to India by billions of dollars. “Starting this year, we will be increasing military sales to India by many billions of dollars," Trump said.

India, US to work together to confront the radical Islamic terrorism: US President Trump said that terrorism is a common enemy of India and the United States “The United States and India will be working together like never before to confront the radical Islamic terrorism, a threat all over the world. Today I am pleased to announce that the administration has approved the extradition of one of the plotters of the 2008 Mumbai terrorist attack to face justice in India,” Trump said at the joint presser.

India, US to work together to maintain stability in Indo-Pacific: PM Modi emphasised on peace, stability and prosperity in the Indo-Pacific as he highlighted QUAD’s crucial role. "India and America's partnership strengthens democracy and democratic values. We will work together to maintain peace, stability and prosperity in the Indo-Pacific. QUAD will have an important role in it. This time, India is going to host the QUAD summit - we will extend our cooperation in new areas with our partner countries during that."

Moneycontrol News
first published: Feb 14, 2025 06:37 am

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