Hangzhou: US President Barack Obama praised Prime Minister Narendra Modi for enacting the Goods and Service Tax bill, describing it "as an example of bold policy in an otherwise difficult global economic scenario".
Modi also hailed Obama for his leadership in the two-day ongoing G20 Summit here.
"PM closed his intervention at the G20 by paying tribute to President Obama for his leadership in G20," External Affair Ministry spokesperson Vikas Swarup said of the meet.
"Earlier, in his intervention President Obama praised PM Modi for tax reforms as example of bold policy in an otherwise difficult global economic scenario," Swarup added.
During the informal evening programme on Sunday the two leaders had yet another opportunity of exchanging views, he added.