US President Donald Trump has announced that India and the United States will have a trade deal very soon. He and Prime Minister Narendra Modi had interaction for the second time in less than three days on Tuesday. Trump said: “We are doing very well … I think very soon we will have a trade deal. We’ll have the larger deal down the road a little bit, but we will have a trade deal very soon.” He also said such agreements will boost economic ties between the two nations. External Affairs Minister S Jaishankar, Union Commerce and Industry Minister Piyush Goyal, Foreign Secretary Vijay Gokhale, and other officials were also with PM during the talks between the two leaders.
US Secretary of State Mike Pompeo was a part of the US delegation. Donald Trump joined PM Modi in Houston and addressed the “Howdy, Modi!” event with more than 50,000 members of the Indian Diaspora, top US lawmakers and other decision-makers. The bilateral meeting was held after Trump’s administration in June terminated India’s designation as a beneficiary developing nation under the Generalised System of Preferences (GSP) programme. The GSP is the largest and oldest US trade preference programme and is designed to promote economic development by allowing duty-free entry for thousands of products from designated beneficiary countries. The US has ended duty-free access for about USD 5.7 billion worth of Indian exports under the GSP including chemicals, plastics, leather and rubber goods, and auto parts. India was the largest beneficiary of the GSP, which dates from the 1970s and is designed to help developing countries. Meanwhile, PM Modi was on Wednesday conferred the “Global Goalkeeper” award by the Bill and Melinda Gates Foundation for the Swachh Bharat Abhiyan launched by his government. In a series of tweets in Hindi, the Prime Minister’s Office (PMO) said Modi lauded the countrymen for contributing to the grand success of the cleanliness mission, saying he shared the honour with them.”Getting the award in the year of Mahatma Gandhi’s 150th birth anniversary is personally significant for me. When 130 crore people take a pledge, any challenge can be overcome,” the prime minister said. He dedicated the award to those Indians who transformed the Swachh Bharat campaign into a “people’s movement” and accorded topmost priority to cleanliness in their day-to-days