Vance seeks closer US-India ties, warns of 'dark time' otherwise

The Star

US Vice President JD Vance on Tuesday (April 22) said that the United States is looking to sell more energy and defence equipment to India, adding that ties between the two countries will shape the century.  Vance said if the two countries fail to work together successfully, the 21st century could be a “very dark time for all of humanity".  Read more at https://tinyurl.com/yc3ufwhh   WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00Americans want further access to Indian markets. This is a great place to do

00:13business and we want to give our people more access to this country. And Indians,

00:17we believe, will thrive from greater commerce in the United States. This is

00:22very much a win-win partnership. It certainly will be far into the future. As

00:27many of you are aware, both of our governments are hard at work on a trade

00:31agreement built on shared priorities, like creating new jobs, building durable

00:37supply chains, and achieving prosperity for our workers. In our meeting yesterday,

00:41Prime Minister Modi and I made very good progress on all of those points. And we

00:46are especially excited to formally announce that America and India have

00:51officially finalized the terms of reference for the trade negotiation. I

00:55think this is a vital step toward realizing President Trump's and Prime

00:59Minister Modi's vision because it sets a roadmap toward a final deal between our

01:04nations. I believe there is much that America and India can accomplish together.

01:09Look, President Trump and I know that Prime Minister Modi is a tough

01:13negotiator. He drives a hard bargain. It's one of the reasons why we respect him.

01:18And we don't blame Prime Minister Modi for fighting for India's industry. But we do blame American

01:29leaders of the past for failing to do the same for our workers. And we believe that we can fix that to

01:35the mutual benefit of both the United States and India. But we actually feel that India has much more

01:42to gain from its continued defense partnership with the United States. And let me sketch that out a

01:47little bit. We, of course, want to collaborate more. We want to work together more. And we want your

01:52nation to buy more of our military equipment, which, of course, we believe is the best in class.

01:57India, like America, wants to build. And that will mean that we have to produce more energy. It's more

02:05energy production and more energy consumption. And it's one of the many reasons why I think our nations have

02:11so much to gain by strengthening our energy ties. As President Trump is fond of saying, America has

02:19once again begun to drill baby drill. And we think that will inure to the benefit of Americans, but will

02:26also benefit India as well. Of course, America is blessed with vast natural resources and an unusual

02:34capacity to generate energy. So much that we want to be able to sell it to our friends like India.

02:40We believe your nation will benefit from American energy exports and expanding those exports.

02:46You'll be able to build more, make more, and grow more, but at much lower energy costs.

02:54We have the capacity and we have the desire to help. Moreover, we think energy co-production will help

03:01beat unfair competitors in other foreign markets. But India, we believe, can go a long way to enhance

03:07energy ties between our nations. And one suggestion I'd have is maybe consider dropping some of the

03:13non-tariff barriers for American access to the Indian market. We welcomed the Modi government's

03:20budget announcement to amend India's civil nuclear liability laws, which currently prevent U.S. producers

03:26from exporting small modular reactors and building larger U.S.-designed reactors in India. There's much

03:33that we can create, much that we can do together. We believe that American energy can help realize

03:39India's nuclear power production goals, and this is very important, as well as its AI ambitions. But I also

03:46believe that if we fail to work together successfully, the 21st century could be a very dark time for all of humanity.

03:56For more information on the United States, I know it will have been a very little more

03:59that we don't know about future conditions. I want to invite you to do more of the

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