A vision for US-India economic partnership

Both countries must play the central role in developing the economic framework for a free and open Indo-Pacific

The current focus on differences between the United States and India regarding Russia’s invasion of Ukraine has obscured the broader trajectory of the bilateral relationship.  Over the past 22 years, the United States and India have steadily widened and deepened their partnership to cover almost every area of human endeavour. There is, however, one area that has repeatedly caused friction — trade.

Enhanced bilateral trade is important for growing both economies and providing long-term ballast to the US-India strategic partnership. But flows of goods and services between the two countries are well below the levels one would expect from the largest