India-US summit will chart course for more trade, investment

US President Barack Obama's meeting with Indian Prime Minister Manmohan Singh here next Friday – the third between the two leaders in four years – will provide them an opportunity to chart a course toward enhanced trade, investment and development cooperation, according to the White House.
The summit meeting "will highlight India's role in regional security and stability," White House spokesperson Josh Earnest told reporters accompanying Obama on a visit to Kansas City, Missouri Friday. It would also "provide an opportunity for the two leaders to chart a course toward enhanced trade, investment, and development cooperation between the United States and India," he said.
Earnest recalled that Friday's "bilateral meeting" at the White House "follows the Prime Minister's visit to Washington in 2009 and the President's memorable visit to India in 2010" but gave no details of their agenda. President Obama who has described India-US relationship as one of the "defining partnerships of the 21ST century" had chosen to invite Manmohan Singh for his presidency's first state dinner in Nov 2009.
Vice President Joe Biden and US Secretary of State John Kerry had visited India recently to set the stage for Manmohan Singh's working visit which is expected to focus on how to operationalise the landmark India-US civil nuclear deal, enhanced defence cooperation and Afghanistan.
Signed in 2008, the nuclear deal which has been variously described in India as a "pillar of our strategic partnership," and a symbol of our transformed relationship" has been stalled over India's tough 2010 nuclear liability law which makes suppliers too liable in the event of an accident.
The two sides will also explore ways of expanding defence ties "beyond a buyer-seller relationship to a joint partnership in design, development and production of defence material".
As US Deputy Defence Secretary Ashton Carter who was in India this week in preparation of Manmohan Singh's visit put it: "They (India) don't want to just buy our stuff."
"They want to build our stuff with us and they want to develop new things with us, and they want to do research with us."
Meanwhile, a key Obama aide has ruled out a meeting between Pakistan's Prime Minister Nawaz Sharif on the sidelines of the UN General Assembly session in New York.
Obama had a "good set of discussions" on the phone with Sharif when the US president called him after his electoral victory, White House deputy national security advisor Ben Rhodes said Friday.
"We do expect that we'd like to have a formal meeting with the Prime Minister of Pakistan in the near future. So it's a matter of making sure that we can find an appropriate time for both leaders to come together," he said.
The State Department which has been "encouraging" India and Pakistan to hold a dialogue declined comment on a likely meeting between Manmohan Singh and Sharif over the next weekend.
(Arun Kumar can be contacted at [email protected])
–Indo-Asian News Service
Category :Sports
More News

Indian Men's Team Rallies Behind Women Ahead of High-Voltage T20 World Cup Clash Against Pakistan

South Korea vs Czechia 2-1 Highlights: Korea's Stunning Comeback | FIFA World Cup 2026

Former Asian Games Gold Medallist and Ace Shooting Coach Jaspal Rana Dies at 49

Vaibhav Sooryavanshi's Father Joins Him in Sri Lanka as BCCI Extends Parents to Accompany Him to UK, Ireland

Vaibhav Sooryavanshi Earns Maiden India T20I Call-Up, Shreyas Iyer Named Captain

Afghanistan's Gurbaz Calls India Test Opportunity a Dream Come True Ahead of Historic Clash
Trending News

Messi Breaks New Ground: Historic Hat-Trick in 200th International Match
Donald Trump Jokes ‘I’m the Boss’ at G7 Summit, Lightens Mood Amid Global Tensions
Lionel Messi Marks Historic Sixth World Cup Appearance With Hat-Trick as Argentina Cruise Past Algeria
Shakira Celebrates 100th Concert in Los Angeles as Sofia Vergara Dances to ‘Hips Don’t Lie’
TV Actress Sanchita Ugale, Known for 'Kumkum Bhagya', Passes Away at 22
UN Welcomes US-Iran Truce as Guterres Backs Ceasefire and Fresh Diplomatic Talks
Iran Announces Immediate End to War, Says US Naval Blockade Will Be Lifted From Tonight
Trump Announces US-Iran Deal to Reopen Strait of Hormuz, End Naval Blockade Amid Energy Market Fears
Keeping Their Promise Vijay, Rashmika Reward Government Students From Actor's Ancestral Roots
Scotland Beat Haiti 1-0 to Register First World Cup Win Since 1990
Top News


