India to increase US imports, buy more oil: Narendra Modi tells Trump
Prime Minister Narendra Modi on Monday informed President Donald Trump that India plans to further step up imports, including oil, from the US and that USD 4 billion worth of imports were already “in the pipeline”, as the two countries sought to overcome differences over trade issues.
The Modi-Trump meeting assumes significance in the wake of the strain that has popped up in the bilateral relationship on a host of trade and economic issues.
Meeting on the sidelines of the G7 Summit in the French city of Biarritz, where India was a special invitee, Modi and Trump agreed that preferably before the Prime Minister visits US next month, there will be an interaction between the trade ministers of the two countries at which the whole range of trade issues will be discussed.
