New Delhi, Feb. 17 -- Following the recent bilateral meeting between Prime Minister Narendra Modi and US President Donald Trump in Washington DC, India and the US have unveiled key trade initiatives aimed at strengthening economic ties and expanding bilateral trade.

One of the major announcements was "Mission 500," an ambitious goal to double bilateral trade to USD 500 billion by 2030. This initiative underscores the commitment of both nations to enhancing economic cooperation and leveraging mutual strengths to drive trade growth.

Additionally, both countries agreed to negotiate a multi-sector Bilateral Trade Agreement (BTA), with the first phase of discussions expected to be completed by fall 2025. This agreement is expected to address...