Tue. Apr 16th, 2024

Washington DC, Oct 1: Indian external affairs minister Dr. S Jaishankar on Monday Mike Pompeo, state secretary of the United States, in Washington DC and discussed the further progress made in bilateral cooperation.

The development comes following the advanced stages of discussions over bilateral trade mechanism aimed at reaching a bilateral trade arrangement, according to ANI.

In a tweet, Jaishankar wrote: “A good conversation with @SecPompeo focusing on the further progress of our bilateral relations. Also discussed important regional and global issues. Welcomed the continuing development of a key partnership.”

Jaishankar is on an official three-day visit the US, during which he is scheduled to hold meetings with newly-elected White House National Security Advisor (NSA) Robert O’Brien and American defence secretary Mark Esper.

Recently, President Donald Trump and Prime Minister Narendra Modi discussed US-India bilateral trade on the sidelines of the 74th session of the United Nations General Assembly (UNGA) summit. During the bilateral summit, Trump said India-US could strike a bilateral trade deal very soon.

Since June, trade talks between the two sides had backed off after Washington moved back the benefits that New Delhi was getting a charge out of under the Generalized System of Preferences program (GSP).

The GSP, actualized since 1974, is the biggest and most established US exchange inclination plan and it permits duty-free imports for a great many items from assigned recipient nations.

On its part, India had additionally forced retaliatory levies on 25 American merchandise, after the President Donald Trump organization reported a conclusion to the particular trade treatment for India over the trade hindrances.

 

 

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