New regime may benefit India on oil, Ukraine deal
Hindustan Times|November 07, 2024
Donald Trump's return to the White House could benefit India through softer oil prices and an early end to the Ukraine-Russia conflict, officials said, adding that his administration may revive bilateral tariff negotiations to expand trade.
Rajeev Jayaswal
New regime may benefit India on oil, Ukraine deal

The Trump administration is likely to be more engaging given India's enhanced economic strength and the current global economic realities, they said requesting anonymity.

"Both Prime Minister Narendra Modi and President Trump are veteran world leaders with a common agenda - a strong, safe and prosperous world," said a senior government functionary, noting that India has worked cordially with the Obama, Trump and Biden administrations.

Officials and industry experts said both nations are poised to strengthen strategic ties through their shared goals of democracy, controlling illegal immigration, checking money laundering and fighting terrorism.

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