The Minister of Outdoor Affairs with Jaishankar met with US Minister Marco Rubio on Monday and discussed a number of bilateral and international issues of “contemporary concern”.
Meeting in Lotte New York Palace on the Escape of 80. Meeting of the UN General Assembly is the first personal interaction between them after depositing another 25 % of the tariff in India for Russian oil purchases, with total fees imposing India at 50 percent.
Also read | India-us bindings are of essential importance…: Rubio says about the Jaishankar meeting
“Minister Rubio, who repeated that India is a relation of critical significance for the United States, has expressed his recognition for the continued involvement of the Indian government in a number of questions, including trade, defense, energy, pharmacies, critical minerals and other bilateral relations,” Rubio said. The US Foreign Ministry.
Both leaders last met in July in Washington DC at a meeting of Foreign Ministers Quad. Their meetings are held on the same day of India and the USA organizes discussion on achieving the timely conclusion of a business agreement.
H-1B Increase Visa fees of $ 100,000
The Jaishankar’s meeting with Rubie also came a few days after the decision of Donald Trump Administration increased H-1B visa fees.
Trump’s Surprise H-1B Visa Visa for $ 100,000 (~ £90 lakh) launched a wave of panic – left technical giants including meta, Microsoft on the edge. 20 September White House explained that a $ 100,000 fee is not an annual fee and will not apply to existing holders of a valid visa that will re -enter the country
“This is not an annual fee. It is a one -time fee that applies only to the petition.” He adds that the current H-1B visa holders who are currently outside the country will not be charged $ 100,000 to re-enter the United States, ”said the White House spokesman Karoline Leavitt.
Jaishankar, who arrived in New York on a high level on Sunday, will organize a number of bilateral and versatile meetings on the edge of the session and issue a national statement in the General Debate 27 September from the iconic green stage UNGA.
Goyal meets Greer in NYC
The EAM meeting with the state secretary of the US coincided with the delegation led by trade union minister and industrial Minister Piyush Goyal with the US party. Goyal met with the United States sales representative Jamieson Greer on Monday met in New York in an effort to speed up business conversations between the two countries.
This was the third meeting between Goyal and Greer this year, after earlier interviews in March and May. Both leaders wanted to build on dynamics determined by recent positive interactions between Prime Minister Narendra Modi and US President Donald Trump, Hindustan Times reported Washington DC.
Also read | PIYUSH GYAL to visit us 22 September for the “early conclusion” of a business agreement
“The delegation plans to hand over discussions to achieve early conclusion of a mutually beneficial trade agreement,” said the Ministry of Commerce and Industry in a statement.
The statement added that during the last visit of officials from the US sales representative in India 16. September there were positive discussions on various aspects of the trade agreement and it was decided to intensify efforts in this respect.
The range between the two nations
Visits to the two best ministers in Narendra Modi are a significant reach between two nations, which were traditionally partners, but have recently suffered a decline in custody in the middle of the escalation of Trump’s administration officials over Indian purchase of Russian oil.
The interviews that were stopped for some time continued after Donald Trump announced that his team was continuing business negotiations with India.
At the beginning of this month, Donald Trump said he was optimistic about concluding a business agreement with India. In response to this Prime Minister Narendra Modi said business negotiations will prepare a way for “unlocking unlimited partnership potential in India and USA”
MODI-TUMP SPEAK
The visit of ministers comes after daily discussions in Nový Delhi between the American main negotiator Brendan Lynch and his Indian counterpart Rajesh Agrawal on the proposed bilateral business agreement on 16 September. On the same day, President Donald Trump and Prime Minister Narendra Modi spoke to wish him his 75th birthday another day. PM Modi replied by saying that he was “fully determined” to take the Indo-USA partnership to “new heights”.
In February, the leaders of both countries ordered officials to negotiate the proposed bilateral trade agreement (BTA).
It was planned to close the first trance of the Pact until autumn (October-List November) from 2025. Five rounds have been held. The Pact focuses on more than double the two -sided trade to $ 500 billion by 2030 from the current $ 191 billion.
“Resolution on Stand-Off Tarifs”
The Chief Economic Advisor of India (CEA) in Anantha Nageswaren hit an optimistic remark on 18 September and said he was expecting a stand-off tariff resolution with the US over the next two months, although he assumed stable dynamics in the Indian home economy.
Also read | Piyush Goyal will head to the US on Monday. What to expect?
Nagesware, who spoke to the industrial assembly in Calcutta, said he believed Washington would soon return another 25% tariff stored on the new Delhi for the purchase of Russian oil.
Goyal visited Washington for business interviews in May. He organized negotiations with American business secretary Howard Lutnice in Washington.
Bilateral trade in India-USA
India is a relationship of critical significance for the United States.
The US remains the largest business partner of India for the fourth consecutive year in a row in 2024-25, with a bilateral trade worth $ 131.84 billion ($ 86.5 billion).
The US represents approximately 18 % of total exports between Indian goods, 6.22 % in imports and 10.73 % in total goods trade.
(Tagstotranslate) India business negotiations US
