New Delhi, May 25 -- External Affairs Minister (EAM) S. Jaishankar and visiting US Secretary of State Marco Rubio held wide-ranging talks in New Delhi on Sunday, with Rubio declaring that the two countries are "on the verge" of reaching a bilateral trade agreement following "tremendous progress" in negotiations.

Jaishankar, in turn, laid out five guiding principles that underpin India's approach to global conflicts and economic stability.

The EAM said, "I would make five points here. One, that we advocate dialogue and diplomacy to address conflicts. Two, we support safe and unimpeded maritime commerce. Three, we demand scrupulous respect for international law," ANI reported.

"Four, we are against the weaponisation of market shares and ...