Deepening cooperation, India and the United States (US) have agreed to further their cooperation under Pax Silica and broader economic and technology engagements, including in AI and critical minerals. The issues figured were during discussions between Foreign Secretary Vikram Misri and US Under Secretary of State for Economic Affairs Jacob S Helberg. Earlier in February 2026, India formally joined Pax Silica on the sidelines of the AI Impact Summit, expanding its technology cooperation with the US. Pax Silica brings strategic partnerships and coordinated action across every layer of the supply chain.

The Foreign Secretary is on a three-day visit to the US to review the bilateral relationship, particularly in trade and defence sectors. Further, he interacted with experts from think tanks on the India-US relations and the ongoing geopolitical developments and their implications on global energy, food and economic security.

Meanwhile, India's merchandise exports to the US declined 12.88% year-on-year to $6.88 billion in February 2026 impacted by high tariffs imposed by the US.  Exports to the US also contracted in September, October, December last year and January this year, before rebounding 22.61% in November. In contrast, imports from the US have grown by 36.53% to $4.48 billion in February.