Trade deal unlikely at Modi-trump meet
WASHINGTON: A trade deal with the US is not expected to be in the bouquet of announcements following Indian Prime Minister Narendra Modi’s bilateral meeting with US President Donald Trump on the sidelines of the UN General Assembly debates next week.
But the two sides could get closer to an agreement or arrive at, what an expert said, a “trade understanding”.
“It will be premature to talk about a trade deal,” a person familiar with discussions taking place about the bilateral said, adding, “We have not reached that stage yet.”
Some investments and “positive” business announcements are expected and the Indian PM will be reaching out to leading business leaders at separate engagements, as he has during previous US visits.
Neither country has officially announced the bilateral, but Modi and Trump will be holding a delegation-level meeting next week, their second interaction in a week following a joint appearance and address at an Indianamerican outreach event ‘Howdy, Modi!’ - in Houston on Sunday.
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