U.S to soon have trade deal with India: Trump

U.S President Donald Trump said his country will soon have a trade deal with India to boost economic ties between the two nations.

"I think very soon. We are doing very well. (U.S Trade Representative) Robert Lighthizer who is right here negotiating with India ... I think, very soon we will have a trade deal," Trump told when asked if there is any trade deal is expected in the talks between India and the U.S.

"We will have a larger deal down the road ... but we will have a trade deal," Trump added.

Prime Minister Narendra Modi met Donald Trump on the sidelines of the UN General Assembly session and discussed with him bilateral ties.

The two countries are negotiating a trade package to iron out issues and promote the two-way commerce.

The U.S has been pressuring India to lower duties on its products and address the trade gap.

Speaking at the press conference, Modi said: "As far as trade is concerned, I am very happy that in Houston, in my presence there was an agreement signed by Indian company Petronet for USD 2.5 billion, which is the amount of investment the Indian company is going to do in the energy sector and this will mean that in the years to come, this will result in trade of an amount of USD 60 billion and create 50,000 jobs which I think is a big initiative taken by India."