Trump spoke with Modi last night to greet him on the eve of India's Independence Day.
During the phone call, Trump welcomed the first-ever shipment of American crude oil to India, which will begin this month from Texas.
Also Read
"The leaders resolved to enhance peace and stability across the Indo-Pacific region by establishing a new two-by- two ministerial dialogue that will elevate their strategic consultations," the White House said, without giving details of the mechanism.
As the leaders of two of the world's largest and fastest-growing major economies, Trump and Modi looked forward to the Global Entrepreneurship Summit in India this November, the White House said, adding that Trump has asked his daughter and advisor Ivanka Trump to lead the US summit delegation.
"Prime Minister Modi thanked President Trump for his strong leadership uniting the world against the North Korean menace," it added.
Trump had recently warned North Korea that it would face "fire and fury" if it attacked the United States, while the North threatened to test-fire its missiles over Japan and towards the US Pacific island of Guam.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)