India – US strengthen their economic ties
According to reports, Prime Minister Narendra Modi and President Donald Trump today agreed to strengthen the Indo- US economic partnership in a way that results in a win – win situation for both the countries. Notably, both the countries will also be resolving their differences.
In a statement released by Foreign Secretary S Jaishankar, both the sides had a very productive discussion over economic ties. The economic changes in both the countries will create new demands.
The minister cited the civil aviation market and natural gas as areas of cooperation and he added that from next year the Liquefied natural gas (LNG) from the US will start flowing to India.
The minister further added, expect in the next many years the Ind0- US LNG trade will be in excess of USD 40 billion.
Jaishankar said there was a sense that both the countries should encourage each other in the effort to be natural and preferred partner on such issues.
According to reports, responding to question H- 1B visa related issues, Jaishankar said that there was a discussion on cooperation in innovation and digital partnership.
In a joint statement, Modi and Trump said that the two countries- leading engines of growth in leading economy – should intensify their economic cooperation to make their nations stronger and their citizens prosperous.
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