Trade and H-1B Visas on Agenda for Modi-Trump Meeting at G7 Summit
Prime Minister Narendra Modi and US President Donald Trump are expected to hold bilateral talks on the sidelines of the G7 summit in France, with trade and H-1B visas emerging as key discussion points. India is pushing for preferential tariff treatment from the United States as part of negotiations on an interim trade deal, according to officials familiar with the matter.
The meeting, scheduled to take place in France, comes amid ongoing efforts by both nations to resolve trade differences. India has sought greater market access for its goods under the Generalized System of Preferences (GSP) program, which the US revoked in 2019. In return, Washington is likely to press for reduced tariffs on American products such as almonds, apples, and medical devices.
H-1B Visa Concerns
Another critical issue on the agenda is the H-1B visa program, which is vital for Indian IT professionals. The Trump administration has previously tightened visa rules, including increasing salary requirements and limiting the duration of stay. India is expected to raise concerns over these changes and seek a more predictable and fair visa regime.
The bilateral meeting is part of a broader engagement during the G7 summit, where leaders from the world's largest economies will discuss global challenges such as climate change, digital taxation, and economic recovery. Modi and Trump are also likely to touch upon defense cooperation and counterterrorism efforts.
Interim Trade Deal Prospects
Negotiations for a limited trade package have been underway for months, with both sides aiming to finalize an agreement that could address some of the outstanding issues. India has offered to lower tariffs on certain US goods, while the US has shown willingness to restore some trade benefits. However, differences remain on issues like data localization and e-commerce rules.
A successful meeting could pave the way for a more comprehensive trade agreement in the future. The Modi-Trump interaction will be closely watched by businesses and policymakers on both sides, as it signals the direction of bilateral economic ties.
The G7 summit provides a crucial platform for the two leaders to reset relations and find common ground on trade and immigration policies.
