US president says it will be great if PMs of India and Pakistan can ‘work out something on Kashmir’
US President Donald Trump on Tuesday promised a trade deal with India “very soon”, and a larger deal down the line. Asked if any trade deal was expected between the two countries, Trumap, after his bilateral talks with Prime Minister Narendra Modi on the sidelines of the UN General Assembly meeting, told reporters: “We are doing very well…I think very soon we will have a trade deal. We will have a larger deal later on.”
Narendra Modi said, “As far as trade (between India and the US) is concerned, I’m happy that our Petronet has signed an MoU of $2.5-billion investment in the energy sector.” After the meeting, Foreign Secretary Vijay Gokhale said Commerce Minister Piyush Goyal was in New York for discussions on a trade deal. “He has been having discussions with US Trade Representative Robert Lighthizer, and significant progress has been made on a number of issues. The two leaders were optimistic of us reaching a trade agreement in the near future,” Gokhale said.
Modi and Trump’s bilateral meeting, and the US president’s comments on a trade deal between the two countries, came on a day when Trump warned China for its trade practices. He also slammed the World Trade Organization (WTO) for allegedly allowing China to get preferential treatment despite the size of its economy, saying the institution needed reforms. In his speech before the UN, Trump made a fresh attack against the global order, saying that “globalists” would not triumph. “The future does not belong to globalists. The future belongs to patriots,” he said….
No comments:
Post a Comment