Expanding Energy Partnership between India and the US

The forthcoming meeting between the Indian Prime Minister and USA President is expected to cover significant advancements in the India-US energy partnership.

• Increased oil imports from the US by India, with expectations of further growth following Trump's initiative to maximize US oil and gas production.
• Potential collaboration in small modular reactors (SMRs) in India, which the US is keen to participate in.
• The US Department of Commerce has facilitated this by removing three Indian organizations from its Entity List, enhancing collaboration prospects in civil nuclear energy.

India-US Defence Industry Partnership

The meeting is also anticipated to focus on strengthening the defense industry partnership.

• Discussion on GE engines and the review of the US-India Initiative on Critical and Emerging Technology (iCET).
• Trump's encouragement for India to purchase US-manufactured defense items, including fighter jets.
• An upcoming Indian delegation visit to the US to finalize the GE-414 engine deal by March end.

Trade and Economic Discussions

On the economic front, there is a proposal for a mini trade deal or a limited scope trade deal.

• The bilateral relationship discussions include technology, trade, investment, energy, and defense.

Global Energy Dynamics

India is also watching for a potential thaw in US-Russia ties to ensure uninterrupted access to Russian oil supplies, which are essential for maintaining global oil price stability.

• Meeting between Russia’s energy minister and India's petroleum minister, focused on oil supplies and future collaboration.