The bilateral relationship is clearly on the move between India & US, as not only the US shown its willingness to supply arms to India, it has given its approval for long term strategic partnership as well.

Indo-US Free Trade Agreement (FTA) is struggling for its existence as the two nations are not able to negotiate and conciliate over FTA terms and polices.

In recent years India and U.S have emerged as natural trade partners. The growing political bonhomie and the market factors like demand & supply gap will drive the India-US trade to a record high in coming years.

The feature of this week analysis both trade in goods and trade in services between India and the US.

To quench its thirst of becoming a global leader in technology trade, India needs to expand its access to high technology, and modernize and upgrade its manufacturing processes.

US-BRIC goods trade is defining new dimensions in the global trade, with China leading the race.