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The February meeting will be the first with Donald Trump in his second presidential term. Preliminary talks for a mini trade deal on the lines of the USJapan trade agreement are on in the government, said people aware of the development.
The US and Japan reached a trade agreement regarding market access for certain agricultural and industrial goods.
During a call with Modi on Monday, Trump “emphasised the importance of India increasing its procurement of American-made security equipment and moving toward a fair bilateral trading relationship,” according to a White House statement.
India is also likely to seek investment commitments from the US similar to those in its trade pact with the European Free Trade Association (EFTA), which includes a binding commitment of $100 billion of investments and creation of one million direct local jobs by EFTA bloc companies.
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