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US President signed several agreements with Indian Prime Minister

By Tajuddin
In WORLD NEWS
Jan 26th, 2015
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US President Barack Obama has been enjoying the final day of his trip to India, the first leg of a 10-day tour in Asia aimed at boosting US exports.

US President Barack Obama has been enjoying the final day of his trip to India, the first leg of a 10-day tour in Asia aimed at boosting US exports.

New Delhi ( Agencies + DIPLOMAT.SO) – U.S. President Barack Obama and Indian Prime Minister Narendra Modi on Sunday signed several agreements and discussed matters of bilateral interest on the first day of the American leader’s three-day visit to this Asian nation.

Obama and Modi spoke during walks through the gardens of Hyderabad House and signed agreements covering nuclear energy, defense and trade cooperation.

“Recognizing the important role that both countries play in promoting peace, prosperity, stability and security in the Asia-Pacific and Indian Ocean Region, and noting that India’s ‘Act East Policy’ and the United States’ rebalance to Asia provide opportunities for India, the United States, and other Asia-Pacific countries to work closely to strengthen regional ties, the Leaders announced a Joint Strategic Vision to guide their engagement in the region,” the two countries said in a joint statement.

Obama and Modi praised the current state of bilateral relations, which got a boost when the latter took office last year.

The U.S. president said his country and India had reached agreement on two issues that had been “impeding” bilateral cooperation, with one having to do with civilian nuclear energy and the other with protection for investments.

Obama noted that the U.S.-India defense agreement was being renewed for another 10 years.

The U.S. leader also said that progress was being made in expanding bilateral trade, which has grown 60 percent in recent years to a record $100 billion.

Modi, for his part, praised the current state of a relationship that he described as crucial for India.

The two leaders said they agreed to expand bilateral cooperation in the defense, nuclear energy, trade and clean energy areas.

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