Amid ongoing commerce tensions between India and the US, Prime Minister Narendra Modi and US President Donald Trump engaged in a telephonic dialog on Thursday, specializing in the standing of the Complete International Strategic Partnership between India and the USA. Through the dialog, each leaders emphasised the necessity to preserve momentum of their shared efforts to reinforce bilateral commerce.
Each expressed satisfaction on the regular strengthening of bilateral cooperation throughout all domains. The telephone name between President Trump and PM Modi passed off on a day when US negotiators kicked off their two-day talks with their Indian counterparts in Delhi.
A prime US official in Washington additionally instructed the Senate that India has put ahead its strongest proposals but for a long-pending bilateral pact, however permitting American meat and dairy merchandise into the Indian market nonetheless stays a sticking level for New Delhi.
Giving a short account of his dialog with Trump, Prime Minister Modi took to X and wrote: “Had a really heat and interesting dialog with President Trump. We reviewed the progress in our bilateral relations and mentioned regional and worldwide developments.”
He ended the publish by stressing that India and the US “will proceed to work collectively for international peace, stability and prosperity.”
In addition they mentioned increasing collaboration in vital applied sciences, vitality, defence, safety, and different precedence sectors central to the implementation of the India-US COMPACT (Catalysing Alternatives for Army Partnership, Accelerated Commerce & Expertise) for the twenty first century.
The leaders exchanged views on numerous regional and international developments, agreeing to work collectively to handle widespread challenges and serve mutual pursuits. In addition they agreed to remain in contact to additional advance the partnership.
Earlier, testifying earlier than the Senate Appropriations Committee, US Commerce Consultant Jamieson Greer known as India a “robust nut to crack” however mentioned the Modi authorities’s newest market-access supply is the “finest ever” the US has seen.
“There’s resistance in India to sure row crops and different meats and merchandise. Such as you mentioned, they’re a really troublesome nut to crack. I agree with that 100 per cent,” Greer instructed lawmakers.
“However they’ve been fairly ahead leaning. The kind of affords they’ve been speaking to us about have been one of the best we’ve ever obtained, as a rustic,” he added.
Greer additionally knowledgeable the Senate {that a} US delegation is in New Delhi this week to work by way of the remaining friction factors, notably India’s resistance to American farm items, meat, and dairy merchandise.
Regardless of these hurdles, he mentioned Washington now views India as a “viable various market” because the US appears to diversify its commerce channels.
The delegation, led by Deputy US Commerce Consultant Rick Switzer, started conferences on Wednesday with India’s chief negotiator and Commerce Division Joint Secretary Darpan Jain. Commerce Secretary Rajesh Agrawal is overseeing the negotiations.
Commerce and Trade Minister Piyush Goyal mentioned the talks are shifting steadily. “Talks are constantly progressing with them. We’re shifting ahead in the direction of a bilateral commerce settlement,” he instructed reporters on Wednesday. He hinted that he might meet the visiting American staff.
The go to is vital as each side push to finalise the primary tranche of a framework commerce deal this 12 months. It additionally comes on the heels of a pointy escalation in commerce tensions: the US has imposed a 25 per cent tariff and a further 25 per cent penalty on Indian items linked to New Delhi’s buy of Russian oil — a mixed 50 per cent levy that’s among the many highest slapped on any accomplice.
Earlier this week, US President Donald Trump threatened contemporary tariffs on Indian rice after a farmer consultant at a White Home roundtable complained of dumping by India, China and Thailand. “Why is India allowed to try this? They should pay tariffs. Have they got an exemption on rice?” Trump requested Treasury Secretary Scott Bessent.
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