Indian Prime Minister Narendra Modi and President Joe Biden recently declared a vision of the United States and India as among the closest partners in the world.
The US-India Comprehensive Global and Strategic Partnership are anchored in a new level of trust and mutual understanding and enriched.
Here are the key points about the US-India trade agreement:
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- Biden and Modi affirm that technology will play a defining role in deepening our partnership.
- Biden and Modi set a course to reach new frontiers across all sectors of space cooperation.
- Biden and Modi welcomed the launch of the interagency-led Strategic Trade Dialogue in June 2023.
- They directed both sides to undertake regular efforts to address export controls, explore ways of enhancing high-technology commerce, and facilitate technology transfer between the two countries.
- Biden and Modi hailed the signing of an MoU on the Semi-conductor Supply Chain and Innovation Partnership as a significant step in the coordination of our countries’ semiconductor incentive programs.
Read more: Pakistan terms US-India statement ‘misleading and unwarranted’
- Biden and Modi share a vision of creating secure and trusted telecommunications, resilient supply chains, and enabling global digital inclusion.
- President Biden and Prime Minister Modi welcomed the establishment of a joint Indo-U.S. Quantum Coordination Mechanism to facilitate collaboration among industry, academia, and government, and our work toward a comprehensive Quantum Information Science and Technology agreement.
- Both President Biden and Prime Minister Modi acknowledged the profound opportunities and significant risks associated with AI.
