Addressing the US Indian Business Council a day after Trump’s first meeting with Modi in Washington, Pence stressed that India must continue to enact economic reforms to ensure the bilateral trade relationship was reciprocal.
Earlier Trump urged Modi to do more to relax Indian trade barriers during talks in which both leaders took great pains to stress the importance of a strong US-Indian relationship.
At a closely watched first meeting between the two, Trump and Modi appeared to get along well.
Modi pulled in Trump for a bear hug on the stage as the cameras rolled in the Rose Garden.
“I deeply appreciate your strong commitment to the enhancement of our bilateral relations,” Modi told him. “I am sure that under your leadership a mutually beneficial strategic partnership will gain new strength, new positivity, and will reach new heights.”
Trump was also warm but made clear he sees a need for more balance in the US-India trade relationship in keeping with his campaign promise to expand American exports and create more jobs at home.
Last year the US trade deficit with India neared $31bn. Trump said he would like a trading relationship that is “fair and reciprocal.”
“It is important that barriers be removed to the export of US goods into your markets and that we reduce our trade deficit with your country,” he said.
Trump said he was pleased about an Indian airline’s recent order of 100 new American planes and that the US looked forward to exporting more energy, including major long-term contracts to purchase American natural gas.
These energy contracts “are being negotiated and we will sign — trying to get the price up a little bit,” Trump said.
Modi came to Washington looking to revitalise a relationship that thrived under former president Barack Obama but has appeared to flag as Trump courted India’s rival China in an effort to persuade Beijing to do more to rein in North Korea.
Modi effusively praised Trump, hailing his “vast and successful experience in the business world” and “great leadership” for US-India ties, which he said should “lend an aggressive and forward looking agenda to our relations.”
Trump accepted Modi’s invitation to visit India, the White House said in a statement, but no time frame was given for the trip.
Modi harked back to Trump’s ‘Make America Great Again’ campaign slogan to stress that his agenda for his country was little different than Trump’s.
“I am sure that the convergence of my vision for “New India” and President Trump’s vision for making America great again will add new dimensions to our co-operation,” he said.
Trump did not mention US differences with India on immigration and the Paris climate accord.
“The future of our partnership has never looked brighter,” Trump said as both leaders underscored the importance of the defence and security relationship.
As they met, a Pentagon agency said the US state department has approved the possible sale to India of a Boeing C-17 transport aircraft with an estimated cost of $366mn.
The US also has offered to sell a naval variant of the Predator drone made by US defence contractor General Atomics Aeronautical Systems, the White House said in a statement, a deal that would be worth more than $2bn.