External Affairs Minister Sushma Swaraj and Commerce Minister Nirmala Sitharaman are representing India at the first India-US Strategic and Commercial Dialogue here.
Advertisement
“As demonstrated in the U.S. worldwide Trade Commission December 2014 report produced for our Committees, India maintains many policies and regulations that keep USA workers and businesses from realizing new opportunities in India or expanding partnerships”.
“As President Obama has said, we must make it easier for Indian and American companies to buy from each other, to invest in each other, and to create with each other”.
A reality sheet issued after the dialogue additionally famous that ten years in the past, defence commerce between the U.S. and India was almost non-existent. The joint statement and related statements and speeches from the two days of talks are posted on the U.S. State Department’s website here.
Responding to India’s request for support in developing evaluation techniques for massive open online courses and distance education courses, the United States agreed to facilitate discussions with US industry experts specializing in this subject. Due in part to sustained USDA Cooperator marketing activities and USDA programs, USA agricultural exports to India are poised to achieve a new record high in 2015.
Briefing about the meeting, Kerry said, “We have concluded a very significant Memorandum of Understanding on energy security, climate change, and clean energy”.
Officials noted that the Prime Minister’s trip to the West Coast would also seek promote trade with and investment to India through the Digital India and Smart Cities initiatives and a focus on entrepreneurship, which would likely have strong echoes in the technology and venture capital hub of the U.S.
US Secretary of State John Kerry said: “The US-India relationship is a bright spot on the worldwide landscape”.
Reflecting their dramatically expanded political, financial and strategic cooperation, India and the United States have introduced a new Diplomacy Partnership aimed toward extra intently aligning their strategic views, diplomatic coaching, and engagements around the globe.
“This relationship will go a long way towards defining the 21st century, and that is not hyperbole”, Biden said, adding that the first meeting previous year between Modi and President Barack Obama was the most productive the administration has held.
Sushma Swaraj also stressed on the importance of the bilateral relations between India and the US.
Swaraj said the joint statement states that the two countries are determined to fight terrorism to the end.
Given the threat of terrorism, the two sides chose to issue a separate declaration on counterterrorism.
Addressing a joint press conference after the conclusion of the dialogue, Swaraj and Kerry announced that the United States, India and Japan have also upgraded their trilateral dialogue to the ministerial level. The Indian diaspora has made enormous contributions to every facet of American society, contributing its talents and ingenuity at the tech start-ups of Silicon Valley, the lecture halls and labs of premier educational institutions, the board rooms of Fortune 500 companies, and the corridors of Washington and across the nation. They recognized India’s work to launch a National Mission on Corrosion Control Technologies and Standards.
Advertisement
India and U.S. also welcomed efforts toward the removal of barriers that impact their participation in global supply chains and sustained implementation of trade facilitation measures.
