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Key Takeaways Of Modi-Biden Meet In US

Key Takeaways Of Modi-Biden Meet In US

Posted on September 22, 2024 By admin


Prime Minister Modi met US president Joe Biden at his home in Wilmington, North Carolina

New Delhi:

US President Joe Biden commended Prime Minister Narendra Modi for his historic visit to Ukraine and his message of peace amid the war with Russia. The US also backed permanent membership for India in the UN Security Council.

Here Are Some Of The Key Takeaways From The Bilateral Meet

READ: “Each Time We Sit Down…”: Biden Posts Pics Of Meeting PM Modi

Boost For India-US Ties

The Prime Minister met the US president at his home in Wilmington, North Carolina. At the meeting, the Prime Minister conveyed his appreciation for President Biden’s unparalleled contributions in giving impetus to the India-US partnership, the Ministry of External Affairs said. Recalling his earlier visit to the US last year and President Biden’s India trip for the G20 summit, the Prime Minister noted that visits have led to greater dynamism and depth in the India-US partnership.

The Prime Minister emphasised that India and the US now enjoy a comprehensive global strategic partnership that covers all areas of human endeavour, driven by shared democratic values, convergence of interests and vibrant people-to-people ties, the MEA said. It added that the two leaders discussed ways to enhance bilateral cooperation in areas of mutual interest and exchanged views on global and regional issues, including the Indo-Pacific region and beyond.

India’s Global Role

President Biden expressed appreciation for India’s leadership on the world stage, particularly Prime Minister Modi’s leadership in the G20 and the Global South, a White House statement said. The US President also praised the Prime Minister’s commitment to strengthen the Quad to ensure a free, open, and prosperous Indo-Pacific.

“India is at the forefront of efforts to seek solutions to the most pressing challenges, from supporting the global response to the COVID-19 pandemic to addressing the devastating consequences of conflicts around the world,” the White House said.

President Biden, it said, commended Prime Minister Modi for his historic visits to Poland and Ukraine, the first by an Indian Prime Minister in decades, and his message of peace and ongoing humanitarian support for Ukraine. The statement was silent on the Prime Minister’s visit to Russia.

President Biden told Prime Minister Modi that the US supports initiatives to reform global institutions to “reflect India’s important voice”. The US also backed permanent membership for India in a reformed UN Security Council.

Space To Semiconductors

The White House has said that the two leaders cheered the success of the Initiative on Critical and Emerging Technology (iCET) in deepening and expanding strategic cooperation across key technology sectors, including space, semiconductors, and advanced telecommunications.

“Both Leaders committed to enhance regular engagements to improve the momentum of collaboration in fields such as artificial intelligence, quantum, biotechnology, and clean energy. They highlighted ongoing efforts to strengthen collaboration with like-minded partners, including through the Quad and a U.S.-India-ROK Trilateral Technology initiative launched earlier this year to build more secure and resilient supply chains for critical industries and ensure we collectively remain at the leading edge of innovation,” the statement said. The leaders, it said, also endorsed new mechanisms for deeper cyberspace cooperation through the bilateral cybersecurity dialogue.

“President Biden and Prime Minister Modi hailed a watershed arrangement to establish a new semiconductor fabrication plant focused on advanced sensing, communication, and power electronics for national security, next generation telecommunications, and green energy applications,” the White House said, adding that the two leaders praised combined efforts to facilitate resilient, secure, and sustainable semiconductor supply chains.

In the space technology sector, the two leaders welcomed the progress towards the first joint effort by NASA and ISRO to conduct scientific research onboard the International Space Station in 2025.

READ: As PM Modi And Joe Biden Hold Bilateral Talks, A Mega Drone Deal Firms Up

Impetus To Defence Ties

The US president welcomed the progress in India completing the procurement of 31 General Atomics MQ-9B (16 Sky Guardian and 15 Sea Guardian) remotely piloted aircraft and their associated equipment, the White House said, adding that these will enhance the intelligence, surveillance and reconnaissance capabilities of India’s armed forces.

The two leaders recognised the progress under the US-India Defense Industrial Cooperation Roadmap, including ongoing collaboration to advance priority co-production arrangements for jet engines, munitions, and ground mobility systems. Prime Minister Modi and President Biden also welcomed efforts to expand defence industrial partnerships.

“President Biden welcomed India’s decision to set a uniform Goods and Services Tax (GST) of 5 per cent on the maintenance, repair, and overhaul (MRO) sector, including on all aircraft and aircraft engine parts thereby simplifying the tax structure and paving the way for building a strong ecosystem for MRO services in India. The Leaders also encouraged the industry to foster collaboration and drive innovation to support India’s efforts to become a leading aviation hub,” the White House said.

“The Leaders hailed the teaming agreement on the C-130J Super Hercules aircraft recently signed between Lockheed Martin and Tata Advanced Systems Limited, the two companies that co-chair the U.S.-India CEO Forum. Building on longstanding industry cooperation, this agreement will establish a new Maintenance, Repair and Overhaul (MRO) facility in India to support the readiness of the Indian fleet and global partners who operate the C-130 Super Hercules aircraft,” it said, adding that this marks a significant step in US-India cooperation in the defence and aerospace sector.

READ: India, US To Elevate Bilateral Ties To Expand Clean Energy Supply Chains

Clean Energy

Prime Minister Modi and President Biden welcomed the joint efforts to accelerate the expansion of safe and secure clean energy supply chains through US and Indian manufacturing of clean energy technologies and components. “In its initial phase, the U.S. and India would work together to unlock $1 billion of multilateral financing to support projects across the clean energy value chain for renewable energy, energy storage, power grid and transmission technologies, high efficiency cooling systems, zero emission vehicles, and other emerging clean technologies,” the White House said.

“The Leaders also highlighted the U.S. International Development Finance Corporation (DFC)’s partnership with India’s private sector to expand clean energy manufacturing and diversify supply chains. To date, DFC has extended a $250 million loan to Tata Power Solar to construct a solar cell manufacturing facility and a $500 million loan to First Solar to construct and operate a solar module manufacturing facility in India,” it added.

The two leaders welcomed the India-US collaboration on a new National Center for Hydrogen Safety in India and affirmed their intent to utilise the new Renewable Energy Technology Action Platform (RETAP) to enhance collaboration on clean energy manufacturing and global supply chains.

“The Leaders welcomed the progress made on joint efforts since 2023 for India to work toward IEA membership in accordance with the provisions of the Agreement on an International Energy Program.

The two Leaders reaffirmed their commitment to accelerating the manufacturing and deployment of renewable energy, battery storage and emerging clean technology in India,” the White House said.

Promoting Global Health and Development

The two leaders celebrated the new US-India Drug Policy Framework, which will deepen the collaboration to disrupt the illicit production and international trafficking of synthetic drugs and precursor chemicals, and deepen a holistic public health partnership.

“The Leaders applauded the first-ever U.S.-India Cancer Dialogue held in August 2024, which brought together experts from both countries to increase research and development to accelerate the rate of progress against cancer,” the White House said.

“The leaders welcomed the signing of Memorandum of Understanding (MoU) between the Ministry of Micro, Small and Medium Enterprises and Small Business Administration for promoting cooperation between U.S. and Indian small and medium-size enterprises by improving their participation in the global market place through capacity building workshops in areas such as trade and export finance, technology and digital trade, green economy and trade facilitation,” it said.

“The Leaders welcomed enhanced cooperation on agriculture between the U.S. Department of Agriculture and India’s Ministry of Agriculture and Farmers Welfare, in areas such as climate-smart agriculture, agriculture productivity growth, agriculture innovation, and sharing best practices related to crop risk protection and agriculture credit. The two sides will also enhance cooperation with the private sector through discussions on regulatory issues and innovation to enhance bilateral trade,” the White House said.

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