
Deal Done: Trump Seals $3 Billion Military Equipment Sale in India
India will buy $3 billion worth of military equipment, including attack helicopters, U.S. President Donald Trump confirmed Tuesday, in further evidence of deepening ties between the two countries acting as a counterbalance to the rising weight of China in the region.
India and the United States were also making progress on a big trade deal, Reuters reports. Negotiators from the two sides are working to narrow differences on farm goods, medical devices, digital trade and new tariffs.
Trump and Indian Prime Minister Narendra Modi hailed the growing defense and commercial ties between the world’s two largest democracies even as they acknowledged that a trade deal between them remains some way off.
Trump said he was “optimistic” a trade pact could be reached eventually, and claimed ties between the U.S. and India had reached historic strength.
“It has never been as good as it is right now,” Trump said during a statement after his meeting, citing his personal bond with Modi as the underpinning.
“We feel very strongly about each other. We have done something that is very unique,” he said.
Trump said his visit had been productive with the conclusion of deals to buy helicopters for the Indian military. India is buying 24 SeaHawk helicopters from Lockheed Martin equipped with Hellfire missiles worth $2.6 billion and also plans a follow-on order for six Apache helicopters.
India is modernising its military to narrow the gap with China and has increasingly turned to the United States over traditional supplier, Russia.
India’s President Ram Nath Kovind, his wife Savita Kovind, Prime Minister Narendra Modi, U.S. President Donald Trump and First Lady Melania Trump greet each others during a ceremonial reception at Rashtrapati Bhavan – The Presidential Palace in New Delhi on February 25, 2020. (MONEY SHARMA/AFP via Getty Images)