Pompeo meets PM Modi, terror and trade top areas of focus

By: |
Updated: June 26, 2019 4:39:28 PM

Soon after arriving in New Delhi, the US said that it wants Modi government to lower trade barriers and embrace fair and reciprocal trade.

Mike Pompeo in India, pompeo meets PM modi, Narendra modi, S Jaishankar, Indo-US relationship, Donald Trump, G20 Osaka Summit, Raveesh Kumar, india US ties, India US talksThe visit also comes ahead of the meeting between Modi and US President Donald Trump on the sidelines of the G-20 Summit in Japan’s Osaka this week. (Photo source: Twitter/@MEAIndia)

Issues including terrorism, H-1B visas, trade, arms deal with Russia and India’s energy security and the current tension in the Persian Gulf were some of the issues discussed when Prime Minister Narendra Modi met with the visiting US Secretary of State Mike Pompeo in New Delhi.

This is Pompeo’s first high-level interaction with Modi, after the thumping victory in the General Elections. The visit also comes ahead of the meeting between Modi and US President Donald Trump on the sidelines of the G-20 Summit in Japan’s Osaka this week.

“Working together to further deepen our strategic partnership…,” Foreign Ministry spokesperson Raveesh Kumar tweeted along with pictures of the meeting with Prime Minister Modi.

Also read: Can not “wish away” Russia defence ties: Indian sources on the eve of Pompeo’s visit

Soon after arriving in New Delhi, the US said that it wants Modi government to lower trade barriers and embrace fair and reciprocal trade.

Citing huge potential to grow the bilateral trade relationship and create the high-quality jobs that Modi wants, a factsheet from the US State Department urged India to “lower trade barriers and embraces fair and reciprocal trade.”

An important aspect of this meeting will be defense cooperation and strategic engagement with reference to Indo-Pacific and “The Quad”, a meeting that was held recently in Bangkok, said informed sources.

Today’s agenda though not structured in nature is expected to focus on the following:

India’s arms purchase from Russia: The $ 5 billion S-400 missile systems deal from Russia has become a big issue between the two countries. The US though being told repeatedly that this is nothing new and that the deal is already signed has been urging India not to buy any military hardware from Russia. Yesterday, sources confirmed to Financial Express that this issue will certainly come up when the external affairs minister Dr S Jaishankar meets Pompeo over lunch. And added that India legally meets with all the waiver criteria set by the US in dealing with Russia.

H-1B visas & Data Localisation: Though the US State Department has stated that it is not imposing further caps on the popular H-1B visas popularly used by the Indian IT Companies, it is expected to feature in today’s talks. The US the administration has said that it will push for a free flow of data across borders which is expected to help not only the American companies but will also protect the data and consumer privacy.

Trade & Tariffs: The Trump administration has asked India to lower trade barriers and embrace fair and reciprocal trade. India will be sharing its concerns with the US. During talks, New Delhi will again emphasize on how it has worked over the last three years on reducing the trade deficit and is willing to engage with the US on the issue.

Terrorism: Both countries are on the same page as far as the war against terrorism goes and the US has been condemning Pakistan for not acting against terrorism emanating from it’s land. This will be the focus too and recent Pakistan’s failure to comply with the FATF norms on terror financing will be talked about.

Iran sanctions & India’s Energy Security: India has strong and deep relations with both the US and Iran and has been on its own trying to ensure that the tensions in the Persian Gulf do not escalate. US imposition of sanctions on Iran and forcing India to stop importing oil from that country has a subject that is being discussed at various levels and according to sources, a decision will be taken based on India’s energy security and commercial considerations.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

FinancialExpress_1x1_Imp_Desktop