On his first state visit to India, President Donald Trump held bilateral talks with Prime Minister Modi in which they agreed to increase ties between their countries and elevate it to a “comprehensive global strategic partnership”, giving it broader scope and scale.
The two leaders issued a joint statement that said they looked forward to “early conclusion” of defence cooperation enabling agreements including Basic Exchange and Cooperation Agreement (BECA). They “expressed interest in the concept of the Blue Dot Network, a multi-stakeholder initiative that will bring governments, the private sector, and civil society together to promote high-quality trusted standards for global infrastructure development”.
PM Modi stated, “As far as bilateral trade is concerned, our Commerce ministers have had very positive discussions. President Trump and I, we have both agreed that the understanding reached by our Commerce ministers will take it forward to give it legal shape. We have also agreed to initiate negotiations for a bigger deal. We are confident that this will yield good results that will be in our mutual interest.”
President Trump further said, “Another major focus of my discussions with Prime Minister Modi is forging bilateral economic relationships that is fair and reciprocal. Our teams have made tremendous progress on a comprehensive trade agreement and I am optimistic we can reach a deal that will be of great importance to both countries.”