Study Material | Test Series
Drishti IAS
call1800-121-6260 / 011-47532596
Drishti The Vision Foundation
(A unit of VDK Eduventures Pvt. Ltd.)
prelims Test Series 2019
बेसिक इंग्लिश का दूसरा सत्र (कक्षा प्रारंभ : 22 अक्तूबर, शाम 3:30 से 5:30)
India-U.S. Vow to Take Ties to New Levels
Oct 01, 2014

In their first summit, Prime Minister Narendra Modi and President Barack Obama pledged to push the bilateral relationship to new levels, resolve issues blocking implementation of the Civil Nuclear Deal and cooperate in counter terrorism. During discussions, which covered a broad range of issues including economic cooperation, trade and investment, India raised the demand for easier access to Indian services in the US. After the two countries reached an agreement on extending their defence cooperation for 10 more years, India invited US companies to participate in Indian defence manufacturing sector. India has recently raised the foreign investment cap in the defence sector from 26 to 49 per cent.

Both countries are committed taking forward the civil nuclear partnership agreement. They are serious about resolving at the earliest issues relating to civil nuclear energy cooperation. This is important for India for meeting energy security needs. The Indo-US Nuclear Deal has been stalled because of issues relating to Libality laws.


India had requested US to take such steps which would ensure easier access to Indian companies in the service sector in the US market. In the defence sector both the sides decided to take forward the dialogue in security and defence. 


Sharing concerns over the threat of terrorism in South Asia and emerging challenges in West Asia, where Islamist group IShas been on the rampage, the two countries agreed to intensify cooperation in counter terrorism and intelligence sharing. 


Both the leaders had a candid discussion about WTO issues. India supports trade facilitation but a solution should take care of its food security concerns. 


The two leaders discussed various issues including trade and economic cooperation, cooperate in exploration of space and scientific developments especially to deal with challenges like Ebola.


India said, an immediate area of concrete support is the Clean India campaign, where India will leverage private and civil society innovation, expertise and technology to improve sanitation and hygiene throughout India.


Both countries discussed the ways in which businesses, scientists and governments can partner as India works to improve the quality, reliability and availability of basic services, especially for the poorest of citizens. In this, the United States stands ready to assist.


Both countries said they will aim for the strategic partnership to be larger than merely the sum of its parts to ensure a better future for the citizens of the two countries as well as to the world at large. While India benefits from the growth generated by US investment and technical partnerships, the United States benefits from a stronger, more prosperous India. In turn, the region and the world benefit from the greater stability and security their friendship creates.


Both countries also discussed ways to enhance cooperation in trade, science and technology and government-to-government level to help improve the quality, reliability and availability of basic services in India.


The discussions, the first formal meeting between the two leaders spread over delegation and restricted levels, also covered terrorism in South Asia and emerging threats in West Asia.


Helpline Number : 87501 87501
To Subscribe Newsletter and Get Updates.

http://www.drishtiias.com/upsc-current-affairs-article-India-U.S.-Vow-to-Take-Ties-to-New-Levels