Showing posts with label trump meets modi. Show all posts
Showing posts with label trump meets modi. Show all posts

Wednesday, 19 February 2020

Namaste Trump: Can PM Modi make US prez look past the trade differences?

This visit ought to be about making clear to Trump that the larger promise of India outweighs the irritants associated with trade disagreements
Modi, Trump
‘What the leaders of India want and are determined to have is a democracy that is indigenous to their own country – not English or American or French or Russian,’ wrote Eleanor Roosevelt. Diplomat, activist, and President Franklin D. Roosevelt’s wife, according to Mrs. Roosevelt, who travelled across India in the spring of 1952, ‘the democracy India is building probably will never be exactly like ours.’ After all, she continued, ‘there is no reason it should be.’
Few American leaders understood this at the time. President Harry S. Truman had in fact dissuaded American envoys from accepting postings to post-independent India. India was, according to Truman, a country associated with ‘people sitting on hot coals and bathing in the Ganges.’ It was not ‘important.’ That the US-India relationship has transformed is an understatement.
From cloudy musings about hot coals to nuclear deals, strategic partnerships in the Indo-Pacific, disagreements about data localisation and motorcycles, and $142 billion in trade (as of 2018), India and the United States share as unique a relationship as is possible. These are two outsized democracies whose leaders seek to evangelise (in the case of the United States) and guard (in the case of India) their own distinctive democratic advances…Keep reading

Tuesday, 24 September 2019

US-India trade deal very soon, says Donald Trump after meeting with PM Modi

US president says it will be great if PMs of India and Pakistan can ‘work out something on Kashmir’

Modi, Trump
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….

14th BRICS summit to review current global issues, reach key agreements

  At the   14th BRICS summit   which is to be hosted by China in a virtual mode on 23-24 June, the member nations will review the current gl...