Trump Jr. arrives in India to address "Reshaping Indo-Pacific Ties"

Donald Trump Jr

Donald Trump Jr

The Trump Organisation has licensing agreements with Indian business partners who develop the properties and then acquire the Trump brand in exchange for a fee.

"Trump is here. Are you invited?" read the full-page advert in Monday's Times of India. Another reads, "Trump is here".

After he was elected president, Donald Trump executed a series of legal maneuvers to ensure that his ethical responsibilities wouldn't get in the way of his conflicts of interest.

Pankaj Bansal, director of Gurgaon-based developer M3M India, confirmed to CNNMoney that the dinner was taking place.

A similar arrangement promoted by developers Tribeca and M3M to fly buyers to NY to meet Trump Jr was described by Norman Eisen, the former Obama corruption watchdog, as an "ethics atrocity", The Guardian reports. "If the builders are offering dinner and drinks with Trump Jr., there is high possibility that buyers may think that buying a suit in Trump Tower will put them close to the first family of the U.S".

Before the appearance at the summit, Trump Junior will be meeting with Indian investors and business leaders staring Tuesday as part of an unofficial visit to the country.

"We have achieved sales worth Rs 700 crore since the launch of Trump Towers Delhi-NCR project, which is on track to become our fastest selling project in India so far".

The Trump Organization declined to comment.

The Kolkata project is being built by a collaboration of Unimark, RDB Group and Tribeca and offers a 360 degree panoramic view of the city.

Trump Jr. will be joined at the event by Indian Prime Minister Narendra Modi, who's also giving a speech, the Post reported.

Early buyers of apartments at the Trump Towers in Gurgaon were last month offered the chance to dine with Trump NY.

No new project has been signed in India since Trump took over as president (in January 2017). The Trump Towers in the cities of Kolkata, Mumbai and Pune are at various stages of development.

In May previous year, the company owned by the family of Jared Kushner, Donald Trump's son-in-law, pulled out of a real estate presentation in China.

The development with over Rs 2,400-crore revenue potential with two towers will have over 250 units with average price of Rs 7.5 crore. The move comes following the announcement a year ago that the organisation would not enter into any new overseas deals while Trump is president.

"What is to stop a foreign national with interests before the USA government from asking Don Junior to raise some issue or concern with his father? We know that father and son talk all the time, and discuss business", he added.

Latest News