US president Donald trump’s 36 hour visit to India
starting from 24th February did not see any deadlock broken on the
bilateral trade deal. However there were several discussions regarding the
tariffs, terrorism, and religious tolerance in India and some major deals were
signed by both the parties which would definitely strengthen the us India
relationship in the future.
At the press conference US president confirmed the two sides signed 3
billion dollar worth of defence deals, with India’s military to purchase apache
and mh-0 rome helicopters. The two sides signed three other agreements,
including those on the safety of medical devices and energy cooperation between
Indian Oil Corporation, Exxon Mobil India LNG, and Chart Industries. Later in
the day, at an interaction with the media, he hoped to bridge the $16.9-billion
trade deficit his country had with India and appreciated investment by Indian
business in the US.
The president also mentioned the
high tariff import policy adopted by india and mentioned the US need to be treated fairly. At a briefing with
industrialists in India at the US Embassy, Trump spoke of the importance of a
secure 5G wireless network and the need for this emerging technology to be a
“tool for freedom, progress, prosperity, not to do anything with where it could
be even conceived as a conduit for suppression and censorship”. Trump said
India and the US were keen to revitalise the Quadrilateral Initiative (Quad),
which also comprises Australia and Japan. Foreign Secretary Harsh Vardhan
Shringla said Modi and Trump decided to move towards what was referred to as a
“big deal” in trade. He said the two leaders had decided to conclude the
ongoing discussions on bilateral trade as soon as possible and give it a legal
framework and the text could be finalised with legal vetting as soon as
possible. “There is appreciation that trade has increased year-on-year over the
last few years. US exports to India have increased dramatically and there is a
noticeable decline in the trade imbalance,” Shringla said. He said the trade
imbalance was eroding with a greater number of acquisitions in oil and gas and
the purchase of commercial aircraft. Indian officials said the contentious,
amended Citizenship Act did not come up for discussion during the meeting of
the two leaders, and they talked about religious harmony in a positive way.
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