He stated that President Trump aims to rebalance trade not just for India but also to pursue a stronger future with U.S. allies. Vance sees the agreement as helping create deeper, sustained collaboration among nations in energy, defense, and technology, which will be mutually beneficial to the U.S. and India.

The Trump administration announced on Tuesday that it had made “significant progress” on finalizing the contours of a roadmap for further discussions and negotiations on Vice President JD Vance’s visit to India.