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India US Trade Deal: The long-running interim trade deal negotiations between India and America have now reached the final stages. US Ambassador to India Sergio Gore has claimed that only 1 percent of the proposed trade agreement is left to be finalized.

He expressed hope that this agreement can be signed in the next few weeks or months. Meanwhile, a high-level delegation of American negotiators will reach New Delhi between June 1 and 4 and hold further talks.

US Ambassador Sergio Gore said in IIT-Delhi

US Ambassador to India Sergio Gore, a close aide of US President Donald Trump, addressed the program organized at IIT-Delhi on Friday. Speaking on the topic ‘US-India Trust Initiative: Advancing Partnership in Research and Innovation’, he said that both the countries should further strengthen cooperation in areas such as artificial intelligence (AI), pharmaceuticals, quantum computing and critical minerals.

American delegation will come to India next week

This week, the Commerce Ministry said that a delegation led by America’s chief negotiator will visit India from June 1 to 4. This visit is being considered as the next step towards finalizing the interim bilateral trade agreement between the two countries. Earlier, the team of Indian negotiators had gone to Washington between 20 and 23 April, where the final points of the agreement were discussed.

‘Only 1% work left’, agreement will be reached soon

Sergio Gore said that the interim trade agreement is now ready to be finalized and will boost the prosperity of both countries. He said, ‘India had sent its team to Washington to finalize the last 1 percent of this trade agreement. Next week we will welcome the American delegation to India and take the talks forward. We have full hope that this agreement will be reached in the coming few weeks or months.

Trade increased from 20 billion dollars to 220 billion dollars

Gore said that in the last two decades, trade in goods and services between India and America has increased from $ 20 billion to more than $ 220 billion. He said that this is a proof of the growing economic partnership, deep relations and strong economic integration between the two countries.

What is the goal of the Trump administration?

According to Gore, President Donald Trump’s aim is to create a business environment that can provide unprecedented opportunities to American companies and employees. He said that India is among America’s most important trading partners. On February 7, India and the US issued a joint statement agreeing on a framework for an interim trade agreement. In this framework, it was said to promote mutual and beneficial trade for both the countries. The commitment to continue negotiations on a comprehensive bilateral trade agreement (BTA) was also reiterated.

Why does America want a quick agreement?

According to people associated with the matter, the American administration seems more eager to complete this agreement soon. A major reason behind this is the US mid-term elections to be held in November. The Trump administration wants to register a major economic achievement before these elections. However, the Indian side is not in favor of accepting any such proposal, which would affect the interests of the farmers and domestic producers of the country. Especially on issues like further opening up of the agriculture sector, India is adopting a cautious stance.

Pressure of not getting a big deal with China

Sources say that no major economic agreement could be reached during Trump’s recent visit to China. This has increased the pressure to quickly complete the trade agreement with India. A source said that China has not shown any indication of increasing its purchases of American agricultural products, especially soybeans.

On which issues are talks going on?

According to the Commerce Ministry, India is also taking forward negotiations on a comprehensive trade agreement along with finalizing the final details of the interim agreement. These include market access, non-tariff measures, customs and trade facilitation, and economic security issues.

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Partnership increasing with new technologies

Sergio Gore said that the main reason for the growth in India-US trade relations is innovation, investment and high-value sectors like digital trade, advanced manufacturing, energy and emerging technologies. He said that new and important technologies are changing the global balance of power and India and America’s partnership in this field is in the best position.

‘Become the most important strategic partnership of the 21st century’

Gore said that he wishes that India-US relations be established as the most important strategic partnership of the 21st century.

Increasing cooperation through trust initiative

He said that the Trump administration has identified ‘new power centres’ like India. Under this thinking, ‘Transforming the Relationship Utilizing Strategic Technologies’ i.e. TRUST initiative was started. This initiative started during the meeting between Trump and Prime Minister Narendra Modi, when Trump started his second term. Its objective is to promote innovation with trusted partner countries and ensure the security of sensitive technologies. Gore said that under the bilateral AI infrastructure roadmap, the US Commerce Department has resumed the supply of advanced AI chips.

Narendra Modi Israel Visit: Israeli Prime Minister Benjamin Netanyahu has described Prime Minister Narendra Modi as his “dear friend”. In a tweet on his official X account, he mentioned Prime Minister Modi’s upcoming visit to Israel. Netanyahu discussed this historic visit at the beginning of the cabinet meeting, which is scheduled to take place on Wednesday.

Netanyahu said that the relations between India and Israel are not just between two countries, but a strong and trustworthy partnership between two global leaders. He also shared a video along with his tweet, in which he is seen highlighting the importance of this journey. This visit will be Modi’s second major visit to Israel after February 2025. This is expected to further deepen the already strong relations between the two countries. Netanyahu stressed that the two countries are strong partners of each other in innovation, security and shared strategic thinking.

What is the purpose of the trip?

This visit of Prime Minister Modi is considered important in many ways. During his visit, PM Modi will address the Knesset, Israel’s parliament. He will also visit the Holocaust memorial Yad Vashem and participate in an innovation event organized in Jerusalem.

There will also be high-level talks between the two leaders, in which important issues like Artificial Intelligence (AI), quantum computing, infrastructure and defense cooperation will be discussed. This visit is taking place after PM Modi’s first visit to Israel in 2017. That historic tour gave a new direction to the relations between the two countries. Netanyahu described India as an emerging global power and also mentioned his personal friendship with Prime Minister Modi.

India-Israel’s strengthening relations

Israeli Prime Minister Benjamin Netanyahu said in clear words that India and Israel together are forming a strong group of countries who want stability and progress in the world. He says that the friendship between the two countries is no longer just formal, but is progressing rapidly in every field from technology to security.

He said that both the countries are working together in new areas like Artificial Intelligence and are also strengthening regional cooperation. Netanyahu expressed his eagerness to welcome Prime Minister Narendra Modi in Jerusalem and described this relationship as special.

This statement has come at a time when India and Israel are more active than ever in the fight against terrorism, exchange of new technology and defense cooperation. Netanyahu also said that this partnership could become part of a larger coalition against radical forces, which could include many countries in the Middle East, Europe, Africa and Asia.

Google has made a major achievement in the field of quantum computing. The company has developed an algorithm named Quantum Echoes on its Willow quantum computing chip, which is several thousand times faster than classic supercomputers. Google CEO Sundar Pichai said that this performance can also be repeated. Due to this algorithm, the discovery of medicines will be easier and faster and will provide great help to material science. Let us know about this in detail.

13,000 times faster than the most advanced supercomputer

According to the paper published in Nature Journal, Google said that the new algorithm is 13,000 times faster than the world’s most advanced supercomputer. Useful quantum technology will become available in the next five years and will change the future of medicine and material science. Sundar Pichai said that Willow chip has achieved the first verifiable quantum advantage. The Quantum Echoes algorithm running on this chip can use nuclear magnetic resonance to explain the interactions between atoms. This will make the work of drug discovery and material science easier.

Big step towards real world applications- Pichai

Pichai said that this result can be verified. This means that such results can be achieved on other quantum computers also. He said that this achievement is a big step towards real world applications of quantum computing. After this announcement by Google, the shares of its owned company Alphabet registered a rise of 2.4 percent.

What are quantum computers?

Quantum computers do calculations using small circuits like traditional computers, but they do it in parallel instead of sequence wise, due to which their speed is many times faster. Many companies have claimed to create quantum systems that outperform traditional computers, but the real challenge comes in identifying its use in real life.

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