S Jaishankar-Mike Pompeo Meet: First Step Towards Resolving Trade Issues
In a recent visit of US Secretary of State, Mike Pompeo, to India that was ahead of a meeting between US President Donald Trump and Prime Minister Narendra Modi on the sidelines of the G20 Summit, India and US mutually settled to work through their variances in trade. The two-hour meeting between Mike Pompeo and external affairs minister, Subrahmanyam Jaishankar, covered trade, defense, energy, finance, trade and investment concerns. Both the countries agreed to resolve their trade disputes as India stood strong on its decision on buying the S-400 missile defense system from Russia claiming that it is a move guided by national interest. Even though there were differences in opinion in terms of Iran being pronounced as one of the sponsors of terror by Pompeo, Jaishankar suggesting to find mutual ground in order to find reasonable deal on energy supplies was an accepted solution. This visit from Pompeo marks the first attempt in the direction of solidity of India- US ties from the US side after Modi came into power again this year. Although US claimed that they seek larger market access and avoidance of trade barriers, they were open to discuss these issues taking in consideration the nation interest of India behind their trade policies. In terms of both the S-missile defense system purchase from Russia and trade differences, the representatives from both the countries mentioned that discussion on these issues displayed spirit of friendship between the two countries and it will continue to grow as long as both have trust and confidence in each other.