Wait...
  1. Home >
  2. Export Import News >
  3. Export News >
  4. Donald Trump, Narendra Modi in talks on trade issues: White House >
  5. Donald Trump, Narendra Modi in talks on trade issues: White House

Online Export Import Data Search

Complete Training Video : Click Here

Donald Trump, Narendra Modi in talks on trade issues: White House.


Date: 02-11-2018
Subject: Donald Trump, Narendra Modi in talks on trade issues: White House
US President Donald Trump has spoken to Prime Minister Narendra Modi and discussed trade issues between the two countries, a top White House official said Thursday.

"We (India and US) are in talks. We are in talks absolutely. India is a highly-valued ally. The president has spoken to the prime minister and so forth. We're in talks,” White House Chief Economic Advisor Larry Kudlow told reporters.

Kudlow, however, did not specify when the two leaders spoke on trade issues.

For the last several months, the White House has stopped issuing readouts of most of the telephonic conversation that Trump has with world leaders.

The president himself tweets about some of these telephonic conversations.

The chief economic advisor did not provide any details of the trade talks between India and the US.

“I can't go there. I can't go. We're talking. Talk is good by the way,” Kudlow said.

Commerce and Industry Minister Suresh Prabhu on Saturday in New Delhi said India and the US have exchanged offers for a possible trade deal with a view to resolving issues related to bilateral commerce.

"The negotiations are ongoing. Of course, at this stage they have given an offer and we have also given a counter-offer and we are working on it," he had at an event in New Delhi.

India is pressing for exemption from high duty imposed by the US on certain steel and aluminium products, resumption of export benefits to certain domestic goods under their Generalised System of Preferences (GSP) as well as greater market access for its products from sectors, including agriculture, automobile, auto components and engineering.

As many as 3,500 Indian products from sectors such as chemicals and engineering get duty-free access to the US market under the GSP, introduced in 1976.

On the other hand, the US is demanding greater market access for its agriculture goods, manufacturing products and medical devices.

India's exports to the US in 2017-18 stood at USD 47.9 billion, while imports were USD 26.7 billion. The trade balance is in favour of India.

Source: moneycontrol.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 23-04-2019
Notification No.21 /2019 – Central Tax
Seeks to notify procedure for quarterly tax payment and annual filing of return for taxpayers availing the benefit of Notification No. 02/2019– Central Tax (Rate), dated the 7th March, 2019

Date: 23-04-2019
Notification No.20 /2019 – Central Tax
Seeks to make Third amendment, 2019 to the CGST Rules.

Date: 22-04-2019
Notification No. 19/2019 – Central Tax
Seeks to extend the due date for furnishing of returns in FORM GSTR-3B for the Month of March, 2019 for three days (i.e. from 20.04.2019 to 23.04.2019).

Date: 18-04-2019
A.P. (DIR Series) Circular No.30
Exim Bank's Government of India supported Line of Credit of USD 100 million to the Government of the Republic of Rwanda

Date: 18-04-2019
A.P. (DIR Series) Circular No.31
Exim Bank's Government of India supported Line of Credit of USD 100 million to the Government of the Republic of Rwanda

Date: 18-04-2019
A.P. (DIR Series) Circular No.32
Exim Bank's Government of India supported Line of Credit of USD 66.60 million to the Government of the Republic of Rwanda

Date: 18-04-2019
Notification No.32/2019 - Customs (N.T.)
Exchange Rates Notification No.32/2019-Custom(NT) dated 18.04.2019 .

Date: 16-04-2019
Notification No.19/2019-Customs (ADD)
Seeks to rescind anti-dumping duty notification No. 39/2018-Customs (ADD) dated 20.08.2018, in pursuance with sunset review final findings issued by the DGTR.

Date: 16-04-2019
Trade Notice No. 6/2019-20
Laying down of modalities for import of Peas (including Yellow peas, Green peas, Dun peas and Kaspa peas), Pigeon Peas(Cajanus cajan)/Toor Dal, Moong dal and Urad dal for the fiscal year 2019-2020.

Date: 15-04-2019
Trade Notice No. 5/2019-20
Requirement of documents for online IEC application- modification and modification procedure to follow Clarifications-reg.



Exim Guru Copyright © 1999-2019 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001