Daily The Business

Pompeo may calm Pak-India tension

WASHINGTON: US Secretary of State Mike Pompeo will try to soothe increasing friction with India over trade, data flows and arms from Russia during a visit next week and instead focus on strategic ties between the two big democracies, officials have said. Pompeo arrives in New Delhi on Tuesday for talks that are aimed at laying the ground for a meeting between US President Donald Trump and Indian Prime Minister Narendra Modi later in the week at a G20 meeting in Japan.
India is embroiled in disputes with the United States over tariffs, Indian price caps on imported medical devices, most from the United States, and Indian rules on e-commerce that impose conditions on the operations of US giants, such as Amazon and Walmart. Another issue that has alarmed India is the possibility of US restrictions on work visas for Indian professionals in retaliation for India’s insistence on local data storage by big foreign firms, even though the State Department said on Thursday it had no such plan.
“US-India trade ties, at least between our capitals, are certainly worsening. We both have leaders who look at trade as a zero-sum game,” said Richard Rossow, a specialist on US-India ties at the Center for Strategic & International Studies in Washington. The Indian govt led by Modi, who was re-elected last month with a big majority, says it has been trying to negotiate solutions to the disputes with the US but that, as a developing country, it has to protect the interests of its people.
Trump has repeatedly criticised India for its high tariffs and last month, raised the stakes with the withdrawal of a decades-old trade privilege. —Reuters

Leave A Reply

Your email address will not be published.