US President Donald Trump on Wednesday said a trade deal with India is around the corner, in his first confirmation of a rapprochement with New Delhi after the bilateral economic ties soured.

“I am doing a trade deal with India. I have the highest respect and love for Prime Minister Modi . We have a great relationship,” Trump said in South Korea. He was addressing the Asia-Pacific Economic Cooperation (APEC) CEOs Luncheon in Gyeongju, South Korea on the last leg of his Asia visit.

Trump’s statement bears out comments by a senior official here earlier this week that “India and US are very close to a trade agreement with convergence reached on most issues.” The official, speaking on condition of anonymity, added that the negotiators were about to find some common ground on “pending iss

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