The President of the United States, Joe Biden, arrived in New Delhi on September 8 to attend the G20 Leaders Summit, which is scheduled for September 9-10. Soon after, he met Prime Minister Narendra Modi at the latter's residence for a bilateral discussion.
The two leaders discussed various aspects of their strategic partnership and built on the commitments made during Prime Minister Modi’s historic state visit to the United States in June 2023.
Important Memorandums of Understanding (MoUs) were finalised during the meeting including one between Bharat 6G Alliance and Next G Alliance, to further public-private sector partnership in networking and telecommunications and the other between Indian universities, represented by the Council of Indian Institutes of Technology (IIT Council), and the Association of American Universities (AAU) to establish the India-U.S. Global Challenges Institute.
“…with a combined initial commitment of at least US$10 million. The Global Challenges Institute will bring together leading research and higher-education institutions from across our two nations, including beyond AAU and IIT membership, to advance new frontiers in science and technology,” a joint statement read.
An “Innovation Handshake” agenda under the India-U.S. Commercial Dialogue was agreed upon to bring together start-ups, private equity and venture capital firms, corporate investment departments, and government officials to forge connections between the two countries’ innovation ecosystems. Two events, one in each country will be hosted during Fall under the program.
India-U.S bilateral meeting at Prime Minister Naredra Modi's residence in New Delhi.
In the defence sector, the Indian Ministry of Defense submitted a Letter of Request to procure 31 General Atomics MQ-9B (16 Sky Guardian and 15 Sea Guardian) remotely piloted aircraft and their associated equipment, to enhance the intelligence, surveillance and reconnaissance (ISR) capabilities of India’s armed forces across all domains.
To further progress towards the SDGs, India’s National Investment and Infrastructure Fund and the U.S. Development Finance Corporation exchanged letters of intent to each provide up to US$500 million to establish a renewable infrastructure investment fund. The leaders also reviewed the discussions from the first meeting of the India-U.S. Renewable Energy Technologies Action Platform [RE-TAP] held in August.
President Biden congratulated PM Modi and Indian scientists on Chandrayaan-3’s historic landing on the south pole of the moon as well as the successful launch of Aditya L-1. The Indian Space Research Organisation (ISRO) and National Aeronautics and Space Administration (NASA) are currently making efforts to mount a joint effort to the International Space Station in 2024.
During the meeting, Biden also lauded India’s role as the president of the G20 and expressed confidence that the outcomes of the G20 Leaders’ Summit in New Delhi will help in addressing some of the greatest common challenges faced by the global community. He also reiterated his support for India’s permanent seat at the United Nations Security Council.
In addition to critical and emerging technologies, biotechnology and biomanufacturing innovations, global semiconductor supply chains, climate, energy transition, and energy security were also addressed.
Happy to have welcomed @POTUS @JoeBiden to 7, Lok Kalyan Marg. Our meeting was very productive. We were able to discuss numerous topics which will further economic and people-to-people linkages between India and USA. The friendship between our nations will continue to play a… pic.twitter.com/Yg1tz9kGwQ
— Narendra Modi (@narendramodi) September 8, 2023
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