New Delhi: Preparations are at par for United States President Donald Trump’s visit to India on February 24, along with First Lady Melania Trump and a team of diplomats. An array of trade discussions will take place during Trump’s meet with Prime Minister Narendra Modi in areas of defence, counter-terrorism, people to people contact, energy and regional issues.Also Read - Cannes 2022: PM Modi Hails India as Country of Honour, Says 'Cinema Showcases Human Emotions'

Government official who wished to not be named said that Minister of Commerce Piyush Goyal will engage in discussions with his US counterpart and will have a Free Trade Agreement, which is yet to be signed. As part of the trade deal, India will seek restoration of the Generalized System of Preferences (GSP) by the US. Also Read - PM Narendra Modi Congratulates Indian Contingent For Best-Ever Performance At Deaflympics

Speaking on the US offering mediation on the Kashmir issue, the government official said that India has denied conducting any discussions.”US President Trump has made it clear on a number of occasions that if countries want then they can mediate. We’ve said no to any mediation. It’s an offer that is conditional, don’t think it will come up during the visit,” the official stated. Also Read - PSI Recruitment Scam: Candidates Write Letter in Blood to PM Modi, Threaten to Join Terror Group if Denied Justice

“We don’t expect Jammu and Kashmir to be a major factor; US envoy visited the Valley, we had 2 visits of envoys to the region. We’ve lifted most restrictions, safety and security of citizens protected,” the official added.

The US State Department has said it’s an issue that needs to be resolved bilaterally but India has remained stern that changing laws is the country’s internal matter and the issues are not the US’s concern, he asserted.

Meanwhile, the government source said that the two nations may seal a deal in the defence sector, some of which will fructify soon, as a major part of the focus during President Trump’s visit will be on the Indo-Pacific region.

Meanwhile, a larger crude oil supply deal may also be struck between India and the US with the latter offering importing companies a discount of up to $ 5 per barrel over global benchmarks.

This clearly indicates that many American oil companies are entering the Indian market with attractive offers for companies to increase oil imports from the US despite the longer distance and higher freight. Currently, Dubai crude makes up for most of the Indian oil imports.