New Delhi: India and the United States of America will have a trade deal very soon, as revealed by US President Donald Trump during the bilateral meeting with Prime Minister Narendra Modi at the UN headquarters on Tuesday. The bilateral meeting which was conducted on the sidelines of the 74th session of the UN General Assembly took place just two days after the leaders of India and the US addressed a mega Indian community event in Houston.
This meeting comes in the backdrop of the US ending the privileges that India was enjoying under the Generalised System of Preferences program on June 5. Implemented in 1974, this US trade preference scheme allows duty-free imports for thousands of products from designated beneficiary countries.
Notably, the bilateral meeting was scheduled to take place on September 24 at 12:15 PM local time (9:45 pm IST) in the UN Headquarters, after Trump’s address the UN General Debate from the iconic General Assembly hall.
Prime Minister Narendra Modi visit to New York on Tuesday marked his second leg of week-long US tour. After the bilateral meeting, PM Modi will address the 74th UNGA session on September 27 where Pakistan Prime Minister Imran Khan is expected to rake up the Kashmir issue.
Notably, tensions between Indian and Pakistan have increased in the wake of the revocation of Article 370 which granted special status to Jammu and Kashmir.