Great stride made in India-US trade relationship says USTR
Under the Biden administration, India and the US has made great strides in their trade relationships, top US officials have said after President Joe Biden announced that Air India has agreed to a historic purchase of airplanes from Boeing.
On Tuesday, the White House announced that Boeing and Air India have reached an agreement under which the airline will purchase 190 B737 MAX, 20 B787, and 10 B777X for a total of 220 firm orders valued at USD 34 billion at the list price.
There will be an option to buy 70 more aircraft that could take the total transaction value to USD 45.9 billion, a deal that US President Biden described as a “historic agreement”.
