#WATCH# | Delhi: On the India-U.S. strategic relationship, proposed trade agreement, US-India Strategic Partnership Forum (USISPF) President and CEO Mukesh Aghi says, "The importance of a trade deal helps both countries to have a structured pathway to grow towards the objective they have of $500 billion. Without the trade deal, the trade between the two countries is still growing at 15 percent—we'll cross around $240 billion in revenue. India's position is that we want preferential treatment. That means give us lower tariffs than our competition and our neighbors. And the U.S. has principally agreed on that... The ball is in the U.S. court at the moment, trying to see what kind of tariffs they're going to put on Bangladesh, on Pakistan and others, because this way they can close India's trade deal." On US Secretary of State Marco Rubio visiting India, he adds, "I don't expect much on the trade side on his visit. As Secretary of State, he's going to focus more on the India-U.S. relationship, on the geopolitics of it, and most probably on the Quad side... They have enough on their plate to discuss those topics among themselves. But it's very encouraging for the State Secretary to come in April and now again to India—it shows his interest in India and the importance of India in this relationship..."