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Stock impact report

India to reportedly buy up to $80 billion in Boeing aircraft following trade deal with U.S. [CNBC]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: CNBC
India has the potential to procure goods worth a minimum of $500 billion from the U.S. over the next five years. India and U.S. will sign a joint statement in the next 3-4 days, finalizing the first tranche of the trade deal between the two countries. Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Shri Piyush Goyal is talking to media on EU-India trade relations. India will waive tariffs on industrial imports from four European nations for a $100 billion investment over 15 years, ending nearly 16 years of negotiations. Thierry Monasse | Getty Images News | Getty Images New Delhi is ready to place orders worth up to $80 billion for Boeing planes, India's Commerce and Industry Minister Piyush Goyal reportedly said, signaling New Delhi's willingness to expand trade with the U.S. India's demand for aircraft alone, with orders for Boeing “yet to be placed but ready,” is nearly $80 billion, Goyal said on Thursday, adding that Show less Read more
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