US President Donald Trump tweeted today that he is looking forward to going to India to meet Prime Minister Narendra Modi.
“Great honor, I think? Mark Zuckerberg recently stated that” Donald J. Trump is number 1 on Facebook. Number 2 is Prime Minister Modi of India. “I’m going to India in two weeks. I’m looking forward to it!” President Trump tweeted.
Great honor, I think? Mark Zuckerberg recently stated that “Donald J. Trump is number 1 on Facebook. Number 2 is Prime Minister Modi of India.” I am actually going to India in two weeks. Look forward!
– Donald J. Trump (@realDonaldTrump) February 14, 2020
The meeting of the two leaders is important because they are aimed at rebuilding ties between the world’s largest democracies.
President Trump and First Lady Melania Trump will be in India during a two-day visit on 24 and 25 February. They are expected to visit Ahmedabad and New Delhi.
President Trump is expected to be welcomed by a multitude of people when he arrives in Ahmedabad. Together with PM Modi, he is expected to give a speech to thousands of people at the newly built Motera stadium, announced as the largest cricket stadium in the world.
However, industry analysts are keeping a close eye on whether trade disputes between the two countries are being resolved.
India has offered to partially open its poultry and dairy markets in a bid for a limited trade agreement during President Trump’s first official visit to the country this month, Reuters news agency reported Friday. India, the world’s largest milk producing nation, has traditionally restricted imports of dairy products to protect the livelihoods of 80 million rural households involved in the industry.
In 2019, President Trump suspended India’s special trade name from the 1970s after PM Modi introduced price ceilings on medical devices such as cardiac stents and knee implants and introduced new data localization requirements and e-commerce restrictions.
President Trump’s trip to India has given him hope that he would restore some of the country’s trade preferences in exchange for tariff cuts and other concessions.
The United States is India’s second largest trading partner after China and bilateral goods and services trade rose to a record of $ 142.6 billion in 2018. The United States had a deficit of $ 23.2 billion India, the 9th largest trading partner in goods.