India Intensifies Trade Negotiations with US Amid Global Tech Dynamics

India's External Affairs Minister S Jaishankar emphasizes urgency in trade talks with the US, highlighting a new global trade environment shaped by US-China dynamics and tech advancements. He highlights India's progress in digital infrastructure and semiconductors within the geopolitical landscape.

In a significant development, India's External Affairs Minister S Jaishankar has underscored the country's urgency in finalizing a trade deal with the United States. Attending the Carnegie Global Technology Summit, Jaishankar pointed out the shifting global trade dynamics, attributing them to a change in the US's engagement strategies.

He emphasized the complexity of trading with the ambitious US, noting the profoundly altered landscape over the past year. Jaishankar candidly acknowledged both nations' perspectives, referencing past dialogues and the protracted nature of global negotiations, notably citing the lengthy discussions with the EU.

At the summit, he remarked on how technology, influenced by US-China dynamics, is reshaping the trade story. He highlighted how nations like Japan and South Korea are leveraging technology for geopolitical resurgence, and outlined India's advancements in Digital Public Infrastructure and semiconductors.