PM Modi And Trump Optimistic About Reaching A Trade Agreement: MEA

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'PM Modi and US President Donald Trump began the bilateral meeting with the discussions on trade issues', said Foreign Secretary Vijay Gokhale after the meeting

Written By Jay Pandya | Mumbai | Updated On:

After Prime Minister Narendra Modi and President of United States Donald Trump held a bilateral meeting at the United Nations Headquarters in New York, Foreign Secretary Vijay Gokhale briefed the media about the bilateral meeting between the two leaders and said that they began the discussions on the trade issues. He said, “These are the issues which both the countries consider important and we have made significant progress in terms of both growing the trade between the countries in the last 3-4 years and reducing the trade deficit as well.”

Significant progress has been made on a number of issues: Foreign Secretary

Foreign secretary Vijay Gokhale added, “In fact, perhaps among the top ten trading countries, India is the only country where trade has both grown with the United States and the trade deficit has also reduced.” He said, “Both the leaders reviewed the discussions that are ongoing and the Commerce and Industry Minister Piyush Goyal has also specially travelled to New York over the weekend. He has been having discussions with US Trade Representative Robert Lighthizer. Significant progress has been made on a number of issues and we have narrowed the areas of differences. The two leaders, therefore, felt they were optimistic in terms of us reaching some kind of a trade agreement in the near future and discussions will continue in this regard.”

READ | 'Maybe he is the Father of India,' says Donald Trump hailing PM Modi

Speaking about the steps India has taken in regard to trade, Vijay Gokhale said, “The Prime Minister did repeatedly say that India has taken a number of steps including the most recent ones during his visit to Houston, where Indian companies are also investing in the United States and therefore it is a symbiotic relationship, the one which includes give and take.”

READ | PM Modi "like Elvis," says Donald Trump at India-US bilateral meet

India-US bilateral meet

After the bilateral meeting, speaking about negotiations over a trade deal with India, President Trump said, “We are doing very well, and I think very soon we will have a trade deal. We’ll have a larger deal down the road in a little bit but we will have a trade deal very soon.”

READ | US President Trump says, 'We will have a trade deal with India soon'

When Donald Trump was questioned on state-sponsored terrorism by Pakistan in Kashmir, the US President stated that it was not his place to say anything, but asserted that PM Modi 'will be able to take care of it.' He said, "I had a meeting with Prime Minister Khan. It was a long meeting and we discussed a lot. I do believe these two gentlemen will get together and work something. You mentioned Pakistan, but Iran would be on top of the list (of terrorism) because if you look at terrorism, its been going on for a long time. I think if Prime Minister Modi and Prime Minister Khan will get along if they get to know each other. I think a lot of good things will come from that meeting."

READ | PM Modi-Donald Trump bilateral meet focused on 'impact of terror': MEA

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