But Biden’s win will mean a multi-faceted, potentially more favourable relationships, especially in trade policies for India, UBS Global Research said in October.

Climate change agreement and Iran nuclear deal

Trump pulled the US out of both the Paris Agreement and the Iran nuclear deal. So now, India will closely watch Biden’s moves on the two issues.

In his campaigns, Biden promised to reverse both these decisions. If the US takes a U-turn on Iran, it will give India access to cheaper oil.

And if the US re-joins the Paris Agreement, climate change negotiations would happen at a common place and India stands to gain in terms of leading the efforts. Take, for instance, the India-based International Solar Alliance (ISA), which was launched by Modi and Francois Hollande, former president of France, on Nov. 30, 2015. The overarching objective of the ISA is to collectively address key common challenges to the scaling up of solar energy in ISA member countries.

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