Trump describes India trade agreement as milestone for US energy
US President Donald Trump has hailed recent trade agreements with several countries, including India, describing them as “historic” and saying they would significantly boost American energy exports.
Speaking at the Champion of Coal event on Wednesday, Trump said the United States is currently the world’s leading energy producer and is rapidly emerging as a major energy exporter. He highlighted trade deals with Japan, South Korea, India and other nations as key drivers behind a projected surge in US coal exports.
“America is now the number one energy producer in the world. We’re becoming a massive energy exporter,” Trump said. “In just the past few months, we’ve made historic trade deals with Japan, Korea, India and others to increase our coal exports dramatically. The quality of our coal is supposed to be the finest anywhere in the world.”
Trump’s remarks come amid ongoing discussions about global energy trade flows and reports suggesting India may be adjusting its oil import patterns.
On February 9, India’s Foreign Secretary Vikram Misri emphasised that “national interest” would continue to guide the country’s energy-related decisions. Addressing a Special Briefing by the Ministry of External Affairs (MEA), Misri underlined that India’s energy policy is shaped by considerations of adequate availability, fair pricing and reliability of supply.
Clarifying reports regarding sourcing decisions, Misri said procurement choices are made by oil companies based on market dynamics rather than political directives.
“As far as the actual sourcing of energy is concerned, this is undertaken by oil companies, which make decisions based on market conditions,” he said. “They assess availability, evaluate risks, analyse costs and follow their internal accountability processes and fiduciary responsibilities.”
He added that decisions in the energy sector involve a complex matrix of financial and logistical factors. “What you will continue to see in this sector are business choices being made based on these considerations. Whether it is the government or businesses, national interest will continue to guide our choices,” Misri stated.
Misri also pointed out that India remains a net importer of oil and gas and, as a developing economy, must remain mindful of resource constraints and the inflationary impact of import dependence.
The comments from both sides reflect the broader context of evolving energy partnerships and trade arrangements between the United States and India.
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