The two also discussed enhancement in defence ties with India having acquired billions of dollars of USA defence platforms, equipment and weaponry in the past decade.
In contrast with Trump's preference for bilateral dealings and distrust of global institutions, the meetings in Singapore have championed a commitment to free trade and a multilateral approach to coping with myriad issues, from cybercrime and terrorism to maritime security and e-commerce. 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.
Tackling criticism against the trade tariffs, Ms Campbell said Washington was seeking to make free trade fair.
On the margins of these summits, the prime minister would hold bilateral meetings with other leaders.
Pence said the objective of his trip to Asia this week was to make Trump's vision of his Indo-Pacific strategy a reality, including boosting private investments and infrastructure across the region, and strengthening the US' economic relations with countries based on free, fair and reciprocal trade.
The two leaders had "productive discussion on all aspects of global strategic partnership based on growing convergence of interests on regional and global issues" on the sidelines of the East Asia Summit here, Ministry of External Affairs spokesman Raveesh Kumar said.
Asian nations gave up hopes of completing a 16-nation trade bloc this year, with Chinese and Australian officials now looking to finalize the deal in 2019.China and the USA could find a solution to their trade differences that benefits both sides, Premier Li Keqiang said. "We expressed our readiness to import more oil and gas from the U.S. as a way of expanding our trade", he said.
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"Prime Minister referred to his speech here in Singapore in June at the Shangri-La Dialogue in which he had outlined India's vision of the Indo-Pacific", Gokhale said.
China's claims in the South China Sea, through which some $3 trillion of shipborne trade passes each year, are contested by Brunei, Malaysia, the Philippines, Taiwan and Vietnam.
"We have begun importing oil and gas from United States".
The defence sector was another area of cooperation between the two sides. "More than 1.2 billion biometric identities called Aadhaar were created in just a few years".
He said USA support includes work to counter terrorism and pressure North Korea to give up its nuclear weapons and a commitment "to uphold the freedom of the seas and skies where we stand shoulder to shoulder with you for freedom of navigation, and our determination to ensure that your nations are secure in your sovereign borders on land, at sea, and in the digital world".
"So there was some good understanding on the area of how we move forward in building cooperation on counter-terrorism and both countries recognised that this is a challenge which we will have to fight together and to fight along with the rest of the worldwide community", he said.