And on the transactional front, this is what happened during Prime Minister Narendra Modi's US visit. The PM and US President Donald Trump today agreed to strengthen the Indo-US economic partnership. Takeways...


--  From next year Liquefied Natural Gas from the US will start flowing to India. Indo-US LNG trade will be in excess of USD 40 billion.


-- H-1B visa: Foreign Secretary S Jaishankar: There was a lot of discussion with business leaders and the two leaders about the digital partnership. There is recognition that the Indian-American community has played an extraordinary role in building this relationship. When you value something, it is obvious that you will take care of what you value.


-- The two leaders committed to further expanding and balancing the trade relationship and to removing obstacles to growth and jobs creation. The two leaders also resolved to pursue increased commercial engagement in a manner that advances the principles of free and fair trade.


-- The United States and India plan to undertake a comprehensive review of trade relations.


-- Increasing market access in agriculture, information technology, and manufactured goods and services.


-- A two-way trade in goods and services reached USD 114 billion in 2016. With the Indian economy growing at seven per cent annually, both countries are committed to further expanding and balancing the trade relationship.


-- Trump said he looks forward to working with Modi to create jobs in the two countries, to grow their economies and to create a trading relationship that is fair and reciprocal.


-- "It is important that barriers be removed to the export of US goods into your markets, and that we reduce our trade deficit with your country. I was pleased to learn about an Indian Airlines recent order of 100 new American planes, one of the largest order of it is kind, which will support thousands and thousands of American jobs," Trump said. "We're also looking forward to exporting more American energy to India as your economy grows, including major long- term contracts to purchase American natural gas, which are right now being negotiated, and we will sign them.


-- Trump: India has the fastest growing economy in the world. We hope we're going to be catching you very soon in terms of percentage increase, I have to tell you that. We're working on it.


-- Trump on GST: In just two weeks, you will begin to implement the largest tax overhaul in your country's history. We're doing that also, by the way. Creating great new opportunities for your citizens. You have a big vision for improving infrastructure, and you are fighting government corruption, which is always a grave threat to democracy.


PM Modi: "I am sure that the convergence between my vision for a 'new India' and President Trump's vision for 'Making America Great Again' will add new dimensions to our cooperation. I am very clear about the fact that India's interests lie in a strong, and prosperous, and successful America. In the same way, India's development and its growing role at the international level are in the USA's interest."