Congress Slams PM Modi Over $500 Billion US Trade Deal, Questions Compromised Leadership
मुख्य बातें
- •Congress leader Jairam Ramesh slams PM Modi over potential $500 billion US trade deal
- •Ramesh questions the government's commitment to India's interests and sovereignty
- •US Secretary of State Marco Rubio hails the potential trade deal as a "beneficial" and "sustainable" agreement
- •Rubio defends the Trump administration's trade policy, stating that it is aimed at reshaping Washington's broader global trade approach
- •The controversy surrounding the potential trade deal has raised questions about the Modi government's commitment to India's interests.
Congress leader Jairam Ramesh has targeted Prime Minister Narendra Modi over the potential $500 billion US trade deal, stating that it is a "compromised" agreement that benefits the US at the expense of India's interests. The deal, announced by US Secretary of State Marco Rubio, would see India purchase $500 billion worth of American goods over the next five years, with a focus on energy, technology, and agriculture.
Ramesh pointed out that India's current yearly imports from the US stand at $52.9 billion, and that the new deal would require the country to double its annual imports from the US. He also questioned why the Modi government had agreed to record imports from the US when the Prime Minister had urged citizens to reduce fuel consumption and overseas travel to save foreign exchange. "Will this surge in imports not further cause the rupee to depreciate?" Ramesh asked.
