US President Donald Trump and Prime Minister Narendra Modi have agreed to enhance peace and stability in the Indo-Pacific region by establishing a new two-by-two ministerial dialogue. White House said today it would elevate their strategic consultations.<br/>Mr Trump spoke with Mr Modi last night to greet him on the eve of India's Independence Day. During the phone call, Trump welcomed the first-ever shipment of American crude oil to India, which will begin this month from Texas.<br/><br/>In a readout of the phone call between the two leaders, White House said, Mr Trump pledged that the US would continue to be a reliable and long-term supplier of energy to India.<br/>It said, as the leaders of two of the world's largest and fastest-growing major economies, Mr Trump and Mr Modi looked forward to the Global Entrepreneurship Summit in India this November. <br/><br/>White House said, Mr Trump has asked his daughter and advisor Ivanka Trump to lead the US summit delegation. It added that Prime Minister Modi thanked President Trump for his strong leadership uniting the world against the North Korean menace.'<br/><br/>Meanwhile, US Secretary of State Rex Tillerson extended his best wishes to the people of India on the country's Independence Day today. Tillerson said Prime Minister Modi's ambitious vision for the US-India relationship holds great promise for advancing shared interests of both countries in the 21st century.