India is the fastest glowing emerging economy while the US is the largest, so a trade deal between these two nations will add a positive note to the global economic fear according to analysts. Indian Prime Minister Narendra Modi visited the US in September for a series of state functions that have clearly built on an improving relationship.
The meetings between PM Modi and President Trump went well and according to sources, there will b e follow-up meetings between US Commerce Secretary Wilbur Ross and Indian Finance Minister Piyush Goyal at the WEF summit. It is now clear that that protracted trade war between the US and China gives India and Mr Modi a position of strength when dealing with the United States on economic and security issues. More on this topic in the coming weeks.