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Friday, March 29
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PM Modi and President Barack Obama Announce Nuclear Deal and more


mangaloretoday.com/ IT

New Delhi, Jan 25:  "I share a personal chemistry with Barack. Relationships, chemistry matter more between leaders than commas and full-stops on paper," said Prime Minister Narendra Modi at a joint conference, hours after he greeted US President Barack Obama with a warm hug, receiving him at the airport in a departure from protocol.

Prime Minister Narendra Modi, in a press interaction on Sunday, announced the decisions taken at one-to-one and bilateral meetings with US President Barack Obama.

 

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Here are the seven big announcements:

1. Logjam over nuclear deal over:

"The civil nuclear agreement was the centrepiece of our transformed relationship, which demonstrated new trust. It also created new economic opportunities and expanded our option for clean energy. In the course of the past four months, we have worked with a sense of purpose to move it forward. I’m pleased that six years after we signed our bilateral agreement, we are moving towards commercial cooperation, consistent with our law, our international legal obligations, and technical and commercial viability."

2. More defence cooperation

"Today, we have also decided to take our growing defence cooperation to a new level. We have agreed, in principle, to pursue co-development and co-production of specific advanced defence projects. These will help upgrade our domestic defence industry; and expand the manufacturing sector in India. We will also explore cooperation in other areas of advanced defence technologies.

We have renewed our Defence Framework Agreement. We will deepen our cooperation on maritime security."

3.  More action on counter-terrorism moves

"Terrorism remains a principal global threat. It is taking on a new character, even as existing challenges persist. We agreed that we need a comprehensive global strategy and approach to combat with it. There should be no distinction between terrorist groups. Every country must fulfill its commitments to eliminate terrorist safe havens and bring terrorists to justice. Our two countries will deepen our bilateral security cooperation against terrorist groups. And, we will further enhance our counter-terrorism capabilities, including in the area of technology."

4.  More trade treaties

"We have established a number of effective bilateral mechanisms to identify opportunities and also help our businesses trade and invest more. We will also resume our dialogue on Bilateral Investment Treaty. We will also restart discussions on a Social Security Agreement that is so important for the hundreds of thousands of Indian professionals working in the United States."

5. Clean energy commitments

"We discussed our ambitious national efforts and goals to increase the use of clean and renewable energy. We also agreed to further enhance our excellent and innovative partnership in this area. I asked him to lead international efforts in making renewable energy more accessible and affordable to the world. President and I expressed hope for a successful Paris Conference on climate change this year."

6. Collaboration in science, and tech

"We will continue to deepen our collaboration in science, technology, innovation, agriculture, health, education and skills. These are central to the future of our two countries; and also give us an opportunity to help others around the world."

7.  New Hotline

"We have agreed that India and the United States must have regular summits at greater frequency. And, we will also establish hotlines between us and our National Security Advisors."


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