📰 News ⏱ 2 min

Why Are India and United States Wanting More Trade? 🤔

The United States and India are trying to make buying and selling easier for both sides.

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Key Points

5 points

Trade between the two countries has grown a lot.

Target: $500 billion in trade by 2030.

Call for simple and predictable tax rules.

Call for strong protection of inventions.

Encourage safe sharing of advanced technology.

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They hope trade will grow to $500 billion by the year 2030.

Clear tax rules are needed so companies can succeed.

Strong protection for ideas will help inventors feel safe.

Sharing new technology like robots and space tools will be done carefully.

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9 words

taxation

the system of paying money to the government.

regulatory frameworks

the set of rules that guide how businesses operate.

intellectual property

legal rights that protect creations like inventions and designs.

export controls

government rules about sending certain products to other countries.

technology flows

the movement of new tools and ideas between places.

artificial intelligence

smart computer programs that can learn and make decisions.

quantum computing

a new kind of super‑fast computer that uses tiny particles.

semiconductors

materials that are essential for making electronic gadgets work.

critical minerals

important natural resources needed for modern technology.

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