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Sorting out Indo-US differences on trade: Mike Pompeo says ‘Modi hai to mumkin hai’

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Mike Pompeo

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Expressing hope that India would lift trade barriers, US Secretary of State Michael Pompeo hinted that it was possible to reinstate the Generalized System of Preferences (GSP), a programme for preferential access to certain goods markets in the US, for India.

Pompeo is expected to discuss this as well as 5G network technology and data localisation while in New Delhi later this month on a visit. He will travel to India, Sri Lanka, Japan and South Korea from June 24 to 30. Mike Pompeo’s four-nation tour is aimed at deepening US partnerships in the strategic Indo-Pacific region.

Putting his own spin on the BJP poll slogan, Pompeo, in a speech at the India Ideas Summit of US-India Business Council on Wednesday, June 12, said: “As Prime Minister (Narendra) Modi said in his latest campaign, ‘Modi hai to mumkin hai,” or ‘Modi makes it possible”, I am looking forward to explore what’s possible between the US and India.”

“I am very much looking forward to my trip to New Delhi later this month, and meeting PM Modi, and my new counterpart, External Affairs Minister S Jaishankar,” he said.

Mike Pompeo listed out some of the “big ideas and big opportunities” that can take bilateral relationship between US and India to a new level.

He said differences between the two countries remain in some of the key trade and business issues, he acknowledged. “We’ll probably discuss the recent decision about the GSP program…we remain open to dialogue, and hope that our friends in India will drop their trade barriers and trust the competitiveness of their own companies, their own businesses, their own people and private sector companies,”

In addition to GSP, data localisation regulations and proposed policies have been a source of friction between the two countries.

“We’ll also push for free flow of data across borders, not just to help American companies, but to protect data and secure consumers’ privacy,” Pompeo said.

“And speaking of privacy, we are eager to help India establish secure communications networks — including 5G networks as well,” Pompeo said.

The Trump administration is pushing its allies and partner countries to block the Chinese telecom giant Huawei from participating in building their next generation (5G) telecommunication networks and has put Huawei on a trade blacklist for US companies.

Pompeo went to some lengths to stress that the US understood India’s post-Independence economic history and current geopolitical realities, Pompeo touched on a common theme — a India-US partnership based on values.

India and the US, he said, must embrace the strategic framework that works for both the nations. “We get it. We respect India as a sovereign power, with its own unique politics and strategic challenges. We realize it’s different to deal with the likes of China and Pakistan from across the ocean than it is when they are on your borders. That’s why in this room and not so many months ago, I elaborated on President Trump’s vision for a free and open Indo-Pacific,” Pompeo said.

Giving a preview of his India mission, he said he truly believes the two nations have a unique opportunity to move forward together for the good of their people, the Indo-Pacific region, and the world.

Making a strong case for a free and open Indo-Pacific, he said it starts from the premise that the two share common values of democracy, freedom, and a belief in the ingenuity of the human spirit. “It’s only natural that the world’s most populous democracy should partner with the world’s oldest democracy to maintain their shared vision for the Indo-Pacific.”

“Third, we have to deliver,” Pompeo said.

He said under President Donald Trump, the US has taken defence cooperation to newer heights, solidified their common vision for the Indo-Pacific and taken a far tougher stand on Pakistan’s unacceptable support for terrorism.

“Forging strong ties means formalizing these individual friendships. Last year, we kicked off the ‘2+2 dialogue’ alongside the Department of Defence. We’ve also reinvigorated the Quad Dialogue among India, the United States, Japan, and Australia – all like-minded democracies in the Indo-Pacific. These are all good steps,” he said.

The Trump Administration has already enabled American companies to export more high technology items to India, including cutting-edge defence platforms like armed UAVs and ballistic missile defence systems. “We’ve already launched the Asia-EDGE programme, to help India raise private capital to meet its energy security and access needs,” he said.

“These are solid achievements, but we want to do much more. We clearly have overlapping interests in defence, energy, and space,” he said.

Mike Pompeo said the first batch of India’s Apache helicopters are coming off Boeing’s production line in Arizona. Lockheed Martins F-21 and Boeing’s F/A-18 are state-of-the-art fighters that could give India the capabilities it needs to become a full-fledged security provider in the strategic Indo-Pacific region.

On space, NASA is already working with the Indian Space Research Organisation on the world’s most advanced earth-observation satellite and India’s second lunar mission.

Pompeo also used the dais to make a pitch for US crude oil and natural gas during a question answer session with LNG company Tellurian’s CEO, Meg Gentle.

“On energy, we want to complete the Westinghouse civil nuclear project, and deliver more American LNG and crude,” he said adding that these steps will give Indians reliable and abundant energy and help reduce dependence on regimes like Iran and Venezuela.

“We’ve been blessed with abundant affordable energy right here in the United States, and we’re now out producing it at enormous levels, not just crude oil but natural gas as well,” Pompeo said, adding that the U.S. would need to ensure that it had the infrastructure for delivery.

Under threat of US sanctions, India had, reluctantly, stopped oil imports from Venezuela and Iran, India’s ambassador to the US Harsh Vardhan Shringla told the press at the end of May. On Monday, Petroleum Minister Dharmendra Pradhan spoke with U.S. Energy Secretary Rick Perry about volatile oil prices and energy security.

“They [buyers of US fuel] can have a fully diversified energy portfolio where they don’t have to rely on nations that aren’t as reliable as the United States,”  Pompeo said.[/vc_column_text][/vc_column][/vc_row]

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Israel-Lebanon ceasefire to begin within hours as Trump announces 10-day truce

Israel and Lebanon may begin a 10-day ceasefire within hours after a proposal announced by Donald Trump amid ongoing tensions.

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Donald Trump

A temporary halt in hostilities between Israel and Lebanon is expected to begin within hours after US President Donald Trump announced a proposed 10-day ceasefire between the two sides, amid ongoing tensions in the region.

According to his statement, the ceasefire is likely to take effect around 5 p.m. Eastern Time, although independent confirmation from both sides is still awaited.

The development follows discussions involving Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun, with mediation efforts led by the United States.

Officials indicated that the proposed truce is aimed at creating a limited window to reduce violence and potentially pave the way for broader diplomatic engagement. The situation along the Israel-Lebanon border has remained tense in recent weeks, with escalation linked to the activities of Hezbollah.

Diplomatic efforts have intensified in recent days, with discussions facilitated by the United States, including the involvement of US Secretary of State Marco Rubio. However, details of the agreement and the extent of coordination between the parties remain unclear.

The situation remains fluid, and the success of the ceasefire will depend on adherence by all sides involved. The conflict has already led to significant humanitarian and geopolitical consequences, including displacement and disruption in affected areas.

While the proposed ceasefire is being seen as an important step toward de-escalation, broader negotiations involving regional stakeholders are expected to be necessary for any lasting resolution.

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US ends oil sanctions waiver for Iran and Russia, impact likely on India’s energy imports

The US decision to end the Iran and Russia oil waiver may impact India’s oil imports, fuel prices and global energy markets.

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US oil tanker

The United States has decided not to extend a temporary sanctions waiver that allowed limited trade in Iranian and Russian oil, marking a shift towards stricter enforcement of economic restrictions.

The waiver, introduced in March 2026, had permitted the sale of oil already loaded on ships to stabilise global supply during heightened geopolitical tensions. However, it is now set to expire around mid-April without renewal.

US officials have indicated that the move is part of a broader strategy to increase pressure on both Iran and Russia amid ongoing conflicts and geopolitical tensions.

What the waiver did and why it mattered

The short-term waiver allowed millions of barrels of oil—estimated at around 140 million barrels—to enter global markets, helping ease supply shortages and prevent sharp price spikes.

It also enabled countries like India to purchase discounted crude oil from Russia and resume limited imports from Iran after years of restrictions.

Impact on India

India, one of the world’s largest oil importers, is expected to feel the impact of the decision in several ways:

  • Reduced access to discounted oil
    India had been buying cheaper Russian crude and recently resumed Iranian imports under the waiver. Its end may limit these options.
  • Potential rise in fuel costs
    With fewer discounted supplies available, India may need to rely more on costlier sources, which could increase domestic fuel prices.
  • Supply diversification pressure
    India may need to explore alternative suppliers in the Middle East, Africa, or the US to maintain energy security.
  • Geopolitical balancing challenge
    The move adds pressure on India to align with US sanctions while managing its own economic interests.

Global energy market concerns

The end of the waiver comes at a time when global oil markets are already under stress due to conflict in West Asia and disruptions in key routes like the Strait of Hormuz.

Analysts warn that tightening sanctions could:

  • Reduce global oil supply
  • Increase price volatility
  • Intensify competition among major buyers like India and China

Bigger picture

The US decision reflects a broader shift from temporary relief measures to stricter enforcement of sanctions, even if it risks tightening global energy markets.

For India, the development highlights a recurring challenge—balancing affordable energy access with geopolitical realities.

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Sanctioned tanker fails to breach US blockade, turns back near Strait of Hormuz

A US-sanctioned tanker failed to cross the Hormuz blockade and turned back, underscoring rising tensions and disruption in global shipping routes.

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A US-sanctioned oil tanker failed to break through a newly imposed American naval blockade and was forced to turn back near the Strait of Hormuz, highlighting growing tensions in the region.

The vessel, identified as the Rich Starry, reversed its course after attempting to exit the Gulf, according to shipping data. The development comes just days after the United States enforced restrictions on ships linked to Iranian ports.

The blockade was announced by Donald Trump following the collapse of recent diplomatic talks with Iran. The move aims to restrict maritime traffic associated with Iranian trade.

Officials said that during the first 24 hours of enforcement, no vessel successfully crossed the blockade. Several ships, including the sanctioned tanker, complied with instructions from US forces and turned back toward regional waters.

The tanker is reported to be linked to a Chinese company previously sanctioned for dealing with Iran. It was carrying a cargo of methanol loaded from the United Arab Emirates at the time of the incident.

The situation underscores the rising risks in one of the world’s most critical oil transit routes. The Strait of Hormuz typically handles a significant share of global energy shipments, but traffic has sharply declined due to ongoing geopolitical tensions.

The blockade, which applies specifically to vessels travelling to or from Iranian ports, has added further uncertainty for shipping companies, insurers and global energy markets.

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