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PM Modi-Biden meeting yields substantial results, will add depth to links: MEA

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Update:
May 24, 2022 3:00 p.m. IS

Tokyo [Japan]May 24 (ANI): Prime Minister Narendra Modi had a productive meeting with US President Joe Biden on Tuesday that yielded substantial results that will add depth and momentum to the bilateral partnership, the Ministry of Foreign Affairs said on Tuesday. External Affairs (MEA).
The meeting marks the continuation of the regular high-level dialogue between the two leaders. A full US delegation for the meeting with Prime Minister Modi included Scott Nathan of the US International Development Finance Corp.
The US delegation also included Secretary of State Antony Blinken and Biden’s National Security Advisor (NSA), Jake Sullivan.
“The comprehensive strategic partnership between India and the United States is underpinned by a shared commitment to democratic values, the rule of law and a commitment to maintaining a rules-based international order. The leaders expressed satisfaction with the progress made in all areas of the bilateral agenda,” the MEA said in a statement.
The two leaders welcomed the signing of the Investment Incentive Agreement which allows the US Development Finance Corporation to continue providing support for investment in India in shared priority sectors such as health, renewable energies, SMEs, infrastructures, etc.

The two sides have launched an Indo-US Initiative on Critical and Emerging Technologies (iCET) to facilitate result-oriented cooperation.
“Co-led by the National Security Council Secretariat in India and the National Security Council in the United States, iCET would forge closer ties between the government, academia and industry of the two countries in areas such as ‘AI, quantum computing, 5G/6G, biotech, space and semiconductors,’ MEA said,
Noting that defense and security cooperation is a crucial pillar of the India-US bilateral agenda, the two sides discussed how they can further strengthen their collaboration.
“In this context, the Prime Minister has invited American industry to partner with India to manufacture in India under the Make in India and Aatma Nirbhar Bharat or Self-Governing India programs which can be mutually beneficial to both countries. “, reads the statement of the MEA.
Continuing their growing collaboration in the health sector, India and the United States extended the long-running Vaccine Action Program (VAP) to 2027 to continue joint biomedical research that had resulted in the development vaccines and related technologies.
To strengthen the strong people-to-people ties between the two countries, Prime Minister Modi called for strengthening collaborations in higher education that can be mutually beneficial.
The leaders also exchanged views on regional issues of common concern, including South Asia and the Indo-Pacific region, reaffirming their shared vision of a free, open and inclusive Indo-Pacific region. (ANI)

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