
Trade, defence, tech discussed during foreign secretary Vikram Misri's US visit: MEA
'The foreign secretary also led our delegation, comprising the deputy National Security Adviser, for the inter-agency discussions on India-US Compact for the 21st century. This meeting happened in the White House and it focused on implementing the TRUST initiative, which is about critical and emerging technology partnerships. They also discussed cooperation in the area of defence and energy as well as strengthening the Quad, IMEC and I2U2,' the ministry of external affairs' (MEA) official spokesperson Randhir Jaiswal said at a press briefing on Thursday. Jaiswal also confirmed that further topics of interest to both nations were discussed.
During the meetings, America continued its push for more market access into the Indian economy even as bilateral trade negotiations continue.
'The Deputy Secretary emphasized the importance of enhanced cooperation on migration and counter-narcotics. The Deputy Secretary and the foreign secretary also reaffirmed their shared desire to maintain regional stability and peace,' said the US State Department on the meeting between Landau and Misri.
'The Deputy Secretary reaffirmed the close partnership between the US and India, a key component of US foreign policy for the 21st century,' the statement went on to say.
Misri's visit comes just weeks after an intense military confrontation between India and Pakistan earlier this month. On May 10, the two sides reached a ceasefire agreement which was announced by US President Donald Trump. Washington claimed credit for helping broker the ceasefire, including by offering trade access to both India and Pakistan. For its part, New Delhi has pushed back against this characterisation of how the ceasefire agreement was reached. India maintains that the ceasefire agreement was reached bilaterally after military contacts between New Delhi and Islamabad. India also rejected Washington's assertion that India-Pakistan talks were to be held on a number of key issues, including Kashmir.
On Thursday, the MEA reiterated its position. 'From the time Operation Sindoor commenced on May 7 till the understanding of cessation of firing and military action on May 10, there were conversations between Indian and US leaders on the evolving military situation. The issue of trade or tariffs did not come up in any of those discussions. The external affairs minister has also made clear that the cessation of firing was decided upon through direct contacts between the DGMOs of India and Pakistan,' said Jaiswal.
'Our position in regard to engagement with Pakistan has been clear and consistent. You are well aware of our position that any India-Pakistan engagement has to be bilateral. At the same time, we are clear that talks and terror do not go together,' he added.
TRUST or Transforming Relations Utilising Strategic Technologies (TRUST) is the governing framework of tech ties between the two countries under the Donald Trump administration and replaces the Biden-era initiative on critical and emerging technologies (iCET).
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
37 minutes ago
- Time of India
Textile industry flags risks from cotton MSP hike
Ahmedabad: The central govt recently increased the minimum support price (MSP) for kapas (raw cotton), raising rates across all categories — medium staple from rs 7,460 to rs 7,560 per quintal, medium long staple from rs 7,710 to rs 7,860, long staple from rs 8,010 to rs 8,110, and extra long staple from Rs 8,310 to Rs 9,310. While aimed at supporting farmers, the hike has sparked concern among Gujarat's textile industry, which fears that higher raw material costs will erode India's competitiveness in the global market. Industry leaders argue that enhancing cotton productivity, rather than simply raising MSP, offers a more sustainable path for increasing farmers' incomes without straining manufacturers. "India holds 37% of global cotton acreage but contributes only 23% to production," said Jayesh Patel, senior vice-president of the Spinners' Association of Gujarat. "Focusing on yield improvement is key if India wants to lead globally. " Manufacturers are also seeking the removal of import duties on cotton. "Indian cotton is now the costliest globally, which directly affects our competitiveness," said Bharat Chhajer, former chairman of PDEXCIL. "At a time when global brands are considering India as an alternative to Bangladesh, expensive cotton makes us less viable." You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad According to cotton trader Arun Dalal, the revised MSP structure incentivises farmers to supply better-quality cotton through price linkages based on moisture content. "Sowing activity picked up this season, and higher arrivals could help farmers secure better returns," he said. However, Dalal warned that sustained high cotton prices may put further pressure on spinning units and yarn manufacturers already grappling with weak demand and shrinking margins. Industry experts are urging the govt to balance farm support with safeguards for the textile sector. Removing import duties, boosting productivity, and easing logistics costs remain key demands.


Time of India
37 minutes ago
- Time of India
India-EFTA to take effect from October 1: Goyal
Commerce minister Piyush Goyal MUMBAI: The free trade agreement between India and the four-nation European bloc EFTA will be implemented from Oct 1, commerce and industry minister Piyush Goyal said Saturday. The two sides signed the Trade and Economic Partnership Agreement on March 10, 2024. Under the pact, India has received an investment commitment of USD 100 billion in 15 years from the grouping while allowing several products, such as Swiss watches, chocolates, and cut and polished diamonds, at lower or zero duties. "India-EFTA TEPA to come into effect from 1st Oct," Goyal said on X. The European Free Trade Association members are Iceland, Liechtenstein, Norway, and Switzerland. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now


India.com
38 minutes ago
- India.com
China to pay heavy price for friendship with Pakistan, India's big move near South China Sea could...
China to pay heavy price for friendship with Pakistan, India's big move near South China Sea could… India and China's bilateral relations deteriorated following the Galwan Valley skirmish, a violent confrontation between troops of both countries, in 2020. In the recent confrontation between India and Pakistan, Beijing helped Islamabad with military weapons and intelligence. Now, the Indian Armed Forces are going to do something that will surely anger the Dragon. In August, China's top enemy, the Philippines, is going to showcase its prowess to the world near the South China Sea, and Indian forces will encourage the Philippine forces. Philippines President To Visit India Philippines President Ferdinand R. Marcos Jr. is scheduled to visit India on a state visit between August 4-8. At the same period, naval forces of both India and the Philippines will conduct a maritime exercise near the South China Sea, on the coast of western Philippines. The bilateral relations between countries can be elevated to the level of a strategic partnership during this visit. Notably, Both Philippines and China claim Scarborough Shoal. China claims most of the South China Sea and its resources. Due to this, it keeps clashing with the Philippines. However, in 2016, Beijing's claim on the South China Sea was rejected under the UN Convention on the Law of the Sea (UNCLOS). But this doesn't change China's stand and it continues to claim most parts of the South China Sea, because of which it also engages in sea and air clashes with the Philippine army. Why Is Military Exercise Between India And Philippines Important? The military exercise is important due to China's growing dominance in the Indo-Pacific region. This dominance is not only around Scarborough Shoal, but also around Second Thomas Shoal, which leads to skirmishes between the countries. The Philippine President's upcoming visit to India will boost defence and maritime ties between the two countries. For the first time, India and the Philippines will hold joint naval exercises which is a major step as the Manila faces sea disputes with China.