Modi, Trump discuss trade deficit, defence over phone

Source: The Hitavada      Date: 09 Jan 2019 08:59:27


 

NEW DELHI/WASHINGTON,

PRIME Minister Narendra Modi and President Donald Trump held a telephonic conversation during which they discussed the contentious issue of the US’ trade deficit with India and ways to enhance co-operation in areas of defence and counter-terrorism.


During the conversation on Monday evening, the two leaders exchanged new year greetings and expressed satisfaction at the continued growth of the India-US strategic partnership in 2018. They also appreciated developments such as the launch of the new 2+2 dialogue mechanism and the first ever trilateral summit of India, US and Japan, a statement from the Prime Minister’s office in New Delhi said. The two leaders also took positive note of the growing bilateral co-operation in defence, counter-terrorism and energy, besides the co-ordination on regional and global issues, it said.


“The leaders agreed to strengthen the US-India strategic partnership in 2019 and exchanged perspectives on how to reduce the US trade deficit with India,” the White House said in a readout of the call. According to the Office of the United States Trade Representative, the US’ goods and services trade with India totalled an estimated USD 126.2 billion in 2017.