Donald Trump’s visit: No trade deal, but India and US sign three MoUs

India and US signed three MoUs as part of the ongoing trade talks between the two nations. These are safety of medical products, liquefied natural gas (LNG) access in India, and mental health

MEDICAL DEVICES

The Central Drugs Standard Control Organization and the US Food and Drug Administration are the gatherings to the MoU. Sources asserted the two countries would concentrate on data trade to help in limit building. The discussions were relied upon to revolve around clinical gadgets, for the most part the valuing guideline that India has on gadgets like cardiovascular stents. The US clinical gadgets hall is discontent with the value guidelines and recommendations of exchange edge legitimization of gadgets and has shown that such guidelines hamper the presentation of inventive gadgets here.

India has shown every single clinical gadget would be treated as medications from April 1 and would be controlled under the Drugs and Cosmetics Act of 1940. The Medical Devices Rules, 2020, which will happen from April 1, requires all producers and shippers to enroll their gadgets with a focal permitting authority after they have conformed to the administrative necessities. Local industry entryway bunches have called attention to that for minimal effort and generally safe gadgets there be some unwinding in standards of posting as the SMEs may think that its unviable to conform to the standards.

LNG ACCESS IN INDIA

Another understanding secured during the visit was between ExxonMobil, Indian Oil Corporation (IOC), and Chart Energy and Chemicals to build up an arrangement of transportation foundation to extend gas access in India. The Indian LNG arm of the American organization will supply gas for the reason while Chart will help make “virtual pipeline frameworks” that will convey condensed gaseous petrol by street, rail, and conduits to zones not associated by physical pipelines…Read More

Lot of Trump-Modi chemistry, but little maths over bilateral trade deal

Agreements signed on defence & energy but long-awaited trade deal remains elusive

Current Affairs: US President Donald Trump’s 36-hour visit to India didn’t perceive any stops broken on the two-sided economic accord, however he appeared to poke New Delhi to get Chinese 5G organize suppliers far from India. Trump said 5G should “be an instrument for opportunity, progress and flourishing” and “not a channel for concealment and control”. The meeting head didn’t change his perspectives on Kashmir, and even repeated his idea to intercede among India and Pakistan. There were no affirmations pending on India’s interests on H1B visas and a totalisation understanding.

He likewise raised the issue of strict resilience in India, yet said it was “dependent upon India to manage” the announced viciousness against Muslims in Delhi. In any case, the two sides finished the day fulfilled. New Delhi named it a “phenomenal visit”, insinuating the science among Trump and Prime Minister Narendra Modi and “loads of intrigue” the visit had created in the US. On the off chance that the visit was an individual triumph for Modi, with Trump lauding him as an “extreme”, “awesome” and a “decent man who is making an incredible showing”, it appeared to be all the more so for Trump, who is planning for re-appointment.

Over the span of the day, Trump on a few events alluded to the excellent invite he got in Ahmedabad on Monday, expressing that he had on great power that he was given the greatest greeting at any point agreed to a meeting remote pioneer in India. At the joint question and answer session…Read Full Story

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

‘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

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’

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….