Important Facts For Prelims
US-India Strategic Partnership Forum
- 04 Sep 2020
- 1 min read
Why in News
Recently, the Prime Minister of India delivered the keynote address at the 3rd Annual Leadership Summit of US-India Strategic Partnership Forum (USISPF).
Key Points
- Established: The USISPF is a non-profit organization established in 2017.
- Objective: Strengthening the USA-India bilateral and strategic partnership.
- Aim: Strengthening economic and commercial ties between the two countries through policy advocacy that will lead to driving economic growth, entrepreneurship, employment-creation, and innovation to create a more inclusive society.
- Enabling business and governments to collaborate and create meaningful opportunities that can positively change the lives of citizens.
- Theme for 2020: US-India Navigating New Challenges.
- Economic Relations: In 2019, overall USA-India bilateral trade in goods and services reached USD 149 billion.
- USA energy exports are an important area of growth in the trade relationship.
