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with the 2011 monsoon rainy season as an important and in the context of the international climate change
example of bilateral scientific cooperation advancing negotiations within the framework of the UNFCCC to
economic development, agriculture and food security. meet the challenge of climate change. To that end, the
Civil Nuclear Agreement
The two leaders welcomed the completion of steps by the
leaders welcomed enhanced cooperation in the area of
climate adaptation and sustainable land use, and
welcomed the new partnership between the United States
two governments for implementation of the India-U.S. and India on forestry programs and in weather
civil nuclear agreement. They reiterated their forecasting.
commitment to build strong India-U.S. civil nuclear
energy cooperation through the participation of the U.S.
Inclusive Growth & Mutual Prosperity
nuclear energy firms in India on the basis of mutually The two leaders stressed that India and the United States,
acceptable technical and commercial terms and anchored in democracy and diversity, blessed with
conditions that enable a viable tariff regime for electricity enormous enterprise and skill, and endowed with
generated. They noted that both countries had enacted synergies drawn from India's rapid growth and U.S.
domestic legislations and were also signatories to the global economic leadership, have a natural partnership
Convention on Supplementary Compensation. They for enhancing mutual prosperity and stimulating global
further noted that India intends to ratify the Convention economic recovery and growth. They emphasize
on Supplementary Compensation within the coming year innovation not only as a tool for economic growth and
and is committed to ensuring a level playing field for U.S. global competitiveness, but also for social transformation
companies seeking to enter the Indian nuclear energy and empowerment of people.
sector, consistent with India's national and international
Prime Minister Singh and President Obama celebrated
legal obligations.
the recent growth in bilateral trade and investment,
India will continue to work with the companies. In this characterized by balanced and rapidly growing trade in
context, they welcomed the commencement of goods and services. They noted positively that the United
negotiations and dialogue between the Indian operator States is India's largest trading partner in goods and
and U.S. nuclear energy companies, and expressed hope services, and India is now among the fastest growing
for early commencement of commercial cooperation in sources of foreign direct investment entering the United
the civil nuclear energy sector in India, which will States. The two leaders agreed on steps to reduce trade
stimulate economic growth and sustainable development barriers and protectionist measures and encourage
and generate employment in both countries.
research and innovation to create jobs and improve
Partnership in Green Economy
livelihoods in their countries.
They also welcomed expanding investment flow in both
Just as they have helped develop the knowledge directions. They noted growing ties between U.S. and
economy, India and the United States resolved to Indian firms and called for enhanced investment flows,
strengthen their partnership in creating the green including in India's infrastructure sector, clean energy,
economy of the future. To this end, both countries have energy efficiency, aviation and transportation,
undertaken joint research and deployment of clean healthcare, food processing sector and education. They
energy resources, such as solar, advanced biofuels, shale welcomed the work of the U.S.-India CEO Forum to
gas, and smart grids. The two leaders also welcomed the expand cooperation between the two countries,
promotion of clean and energy efficient technologies including in the areas of clean energy and infrastructure
through the bilateral Partnership to Advance Clean development. They also encouraged enhanced
Energy (PACE) and expanded cooperation with the engagement by Indian and American small and mediumprivate
sector. They welcomed the conclusion of a new sized enterprises as a critical driver of our economic
MoU on assessment and exploration of shale gas and an relationship. They looked forward to building on these
agreement to establish a Joint Clean Energy Research developments to realize fully the enormous potential for
Center in India as important milestones in their rapidly trade and investment between the two countries.
growing clean energy cooperation.
Recognizing the people-to-people dynamic behind trade
The leaders discussed the importance of working and investment growth, they called for intensified
bilaterally, through the Major Economies Forum (MEF), consultations on social security issues at an appropriate
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