Mumbai, Dec. 29 -- Prime Minister Narendra Modi and US President Donald Trump held discussions on bilateral economic partnership in a phone conversation amid signs of the two sides inching closer to firm up a much-awaited trade deal. India and the US will continue to work together for global peace, stability and prosperity. Both of them reviewed the steady progress in India-US bilateral relations and exchanged views on key regional and global developments, reviewed progress in India-US comprehensive global strategic partnership and exchange views on expanding cooperation in trade, critical technologies, energy, defense and security.

Both leaders agreed to work closely to address shared challenges and advance common interests besides expr...