Tuesday, Mar 31 2020 | Time 08:38 Hrs(IST)
  • South Korea reports 125 more COVID-19 cases, 9,786 in total
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  • COVID-19 death toll in US tops 3,000: Johns Hopkins University
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No trade deal during Trump India visit

No trade deal during Trump India visit

Washington, Feb 19 (UNI) India and the United States won't sign a trade deal during President Donald Trump's February 24-25 visit to New Delhi.

The President said as much on Tuesday in remarks to reporters while leaving for California.

"Well, we can have a trade deal with India, but I’m really saving the big deal for later on," Trump said when asked whether he will get a trade deal with India before the visit.

But Trump said he expected a "very big" trade deal with India.

"We’re doing a very big trade deal with India. We’ll have it. I don’t know if it’ll be done before the election, but we’ll have a very big deal with India," Trump said.

Both the countries have been in negotiation for some time to agree on a limited agreement, which could open up India to US exports of agricultural products and medical devices in return for a restoration of the preferential status of India on tariffs under the Generalized System of Preferences programme for developing countries that the US has withdrawn.

Principal Depurty Assistant Secreatry in the US State Department, Alice Wells last week said a failure to reach even what she called a “tiny phase one trade deal" ahead of the visit would be a “big setback."

The US president also said the forthcoming India visit would be "exciting".

"We’re not treated very well by India, but I happen to like Prime Minister Modi a lot. And he told me we’ll have 7 million people between the airport and the event. And the stadium, I understand, is sort of semi under construction, but it’s going to be the largest stadium in the world. So it’s going to be very exciting. But he says between the stadium and the airport, we’ll have about 7 million people. So it’s going to be very exciting. I hope you all enjoy it," he said.

Prime Minister Narendra Modi has tweeted that India is all set to accord a memorable welcome to the US president. Modi said that the visit will further cement India-US relationship as both countries are cooperating on a wide range of issues.


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