The visit of the United States secretary of state and his meetings with the Indian authorities defused existing political tensions between the two countries following disagreements over energy, trade and defense in recent months.
After a battle of tariffs during the past year, the cancellation of India's preferential duty-free entry status and a series of regulations imposed on American firms, Pompeo spoke about a fresh impetus for the relationship between the markets of India and the US.
"We are friends, and we work together but never in any relationship that I've been part as Secretary of State, I never found a partner, no matter how close we are, you have places where you didn't have brawl, or you don't have to fight to through things," Mike Pompeo said in a press conference, upon being asked about frictions on the trade front.
The most recent setback came on June 1 when Washington decided to end the Generalized System of Preferences pact with New Delhi, which had exempted India from paying tariff rates on certain products of interest.
The measure came into effect two months after US President Donald Trump said India had not been able to ensure equitable and reasonable access to its market across numerous sectors.
India responded by increasing tariffs on some 30 products from the US.
It was preceded by a series of regulations imposed by India for foreign investors on electronic trade which directly affected US retail firms such as Walmart and Amazon.
India has been suffering because of US sanctions on Iran, the main supplier of energy resources to New Delhi.
India's Minister of External Affairs, Subrahmanyam Jaishankar, in the same press conference said India's position on Iran was discussed during the meeting with his US counterpart, along with the priority of the Narendra Modia government to ensure energy resources for the country.
He further added that both the countries had opinions on Iran and added that the US secretary of state had shared his concerns with his Indian counterpart on the matter.
Jaishankar said for India, "global energy remains affordable and predictable, which is a concern that Secretary Pompeo was very receptive, I think he understands that."
Reiterating that a major part of the energy resources of the country comes from suppliers from the Gulf, Jaishankar said that Pompeo was receptive in that respect, although no agreement was reached on the issue.
"I guess I am speaking for him, but I think that by looking at his face, he understands with certainty what our interests are," Jaishankar, who was sitting next to Pompeo, said.
On the other hand, "Iran is the biggest sponsor of terror in the world, we know the Indian peoples, they are suffering from terror all over the world," he said.
According to Pompeo: "The common proposal is that we can keep energy at the right prices and throw this threat."
The cancellation of the purchase of S-400 Russian missile systems from Moscow was another issue discussed during the meeting, although the representatives of the both sides said that they could not reach an agreement over the matter.
Pompeo met with Prime Minister of India, Narendra Modi, earlier on Wednesday morning, ahead of the meeting between the Indian prime minister and Trump in Osaka, Japan, on the sidelines of the G20 Summit, which is scheduled for the weekend. EFE-EPA