Prime Minister Narendra Modi on Saturday welcomed the finalisation of the framework for an interim trade agreement between India and the United States. He called it "great news for India and the USA" and expressed gratitude to US President Donald Trump for his "personal commitment to strong ties" between the two nations.
In a statement on X on February 7, he stated, "We have agreed on a framework for an Interim Trade Agreement between our two great nations. I thank President Trump for his personal commitment to robust ties between our countries."
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'Framework will open new avenues'
Talking about development, Modi said the framework shows the increasing "depth, trust and dynamism" of the India-US partnership. He said that it would also boost the 'Make in India' initiative by creating new opportunities for farmers, entrepreneurs, MSMEs, startup innovators and fishermen.
"This framework reflects the growing depth, trust and dynamism of our partnership. It strengthens ‘Make in India’ by opening new opportunities for India’s hardworking farmers, entrepreneurs, MSMEs, StartUp innovators, fishermen and more. It will generate large-scale employment for women and youngsters," he stated on X.
Great news for India and USA!
— Narendra Modi (@narendramodi) February 7, 2026
We have agreed on a framework for an Interim Trade Agreement between our two great nations. I thank President Trump for his personal commitment to robust ties between our countries.
This framework reflects the growing depth, trust and dynamism of… https://t.co/zs1ZLzamhd
'India-US share a commitment...'
The Prime Minister highlighted how this agreement would contribute to global growth and enhance investment and technology partnerships between the two nations.
"India and the United States share a commitment to promoting innovation and this framework will further deepen investment and technology partnerships between us," he said.
"This framework will also strengthen resilient and trusted supply chains and contribute to global growth. As India moves forward towards building a Viksit Bharat, we remain committed to building global partnerships that are future-oriented, empower our people and contribute to shared prosperity," PM Modi asserted.
A step towards complete Bilateral Trade Agreement
The announcement comes after India and the United States released a joint statement earlier in the day. In this statement, the two countries introduced the interim framework for the long-awaited trade deal announced earlier this month. Prime Minister Narendra Modi had welcomed the framework and noted that it would strengthen reliable supply chains and support global growth.
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"As India moves forward towards building a Viksit Bharat, we remain committed to building global partnerships that are future-oriented, empower our people and contribute to shared prosperity," he said.
The interim trade framework caps months of talks between India and the United States. It aims to reduce trade tensions and increase market access for both countries. The framework, announced on Saturday, includes mutual tariff cuts and specific commitments for market access. It is meant to be a step toward a complete Bilateral Trade Agreement (BTA).
