QBullet: SC Reserves Verdict on Rafale; PM Modi Meets US VP Pence

Indian Prime Minister Narendra Modi to launch tech solution that can reach 2 million unbanked people at Singapore Fintech Fest

Indian Prime Minister Narendra Modi is in Singapore this week for meetings for the ASEAN as well as the East Asian Summit, but perhaps what more people are looking forward to is his appearance at the Singapore Financial Technology (Fintech) Festival, which is now ongoing and will end on November 16th.

The Indo-Pacific region also came up during the discussion on Wednesday between Prime Minister Modi and US Vice President Mike Pence.

He said Washington had taken action to promote this vision, including steps to spur private investment in infrastructure and a pursuit of trade that is "free, fair, and reciprocal".

Modi also conveyed great appreciation that President Trump had organised a meeting in the White House on Tuesday to celebrate Diwali, the foreign secretary said.

While the regional leaders are discussing trade deals in Singapore, the summit through Thursday will probably only produce a joint statement rather than substantive deals, said Oh Ei Sun, worldwide studies instructor at Singapore Nanyang University.

Washington "desires a prosperous, peaceful successful civil society in Burma with a free and independent press", Pence said, using the country's former name.

President Donald Trump said Tuesday that the United States was aware of undeclared North Korean missile bases revealed by USA researchers but insisted all was fine.

Over the past few years, Beijing has cultivated an array of military assets in disputed strategic areas of the resource-rich South China Sea for what it described as national defence purposes.

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"There was a lot of discussions on energy".

A Washington think tank's report about undeclared missile bases in North Korea has prompted debate over whether Pyongyang is keeping its promises to the USA, with many commentators questioning how the controversy will affect denuclearization talks down the road.

"Both sides agreed that there had been a substantial enhancement in our defense relationship, in our imports of equipment from the United States but Prime Minister in particular stressed that there was a great opportunity for USA in India in making defense equipment and setting up defense industry in India".

Modi pointed out that in the last two years, since Trump assumed office, USA exports to India have grown by 50%, making India perhaps the only big country with which the United States has managed to reduce its trade deficit significantly.

He said that the U.S. tries to promote this vision by notably spurring private investment in infrastructure and pursuing trade which is "free, fair, and reciprocal". "And in that context the Prime Minister therefore expressed the hope that this would be the approach that United States might take when it looks at the whole issue of the H-1B visa", Gokhale said. But significantly, Mr Modi pitched for USA cooperation in making India a hub for making defence equipment.

Pence acknowledged that India had made substantial progress economically as well as diplomatically in regional and worldwide affairs, Gokhale said.

Modi, who held talks with Pence on a wide range of bilateral and global issues of mutual interests on the sidelines of the East Asia Summit here, also expressed concern over the participation of terrorists in the elections in Pakistan.

Pence felt that India is a positive factor in regional and global relations and said USA looks forward to working with India on various issues both on political and economic sides to ensure that "we have a fair rules-based worldwide order", he said.

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