IITs will participate in India-US Defence Acceleration Ecosystem
An MoU was signed between Indian universities, represented by the Council of Indian Institutes of Technology (IIT Council), and the Association of American Universities (AAU)
An MoU was signed between Indian universities, represented by the Council of Indian Institutes of Technology (IIT Council), and the Association of American Universities (AAU)
The Dialogue followed a commitment by US and Indian officials at the 2+2 Ministerial Dialogue in 2022 to deepen collaboration.
Both countries also agreed on an innovation partnership under the framework of the India-US Commercial Dialogue.
Finance Minister Nirmala Sitharaman on Friday said that the India-US relations have developed into a global strategic partnership through 50+ bilateral dialogue mechanisms, and their cooperation is broad-based and multi-sectoral.
Economic relations between India and the US are driven by the common interest of promoting sustainability, emerging technologies, globally resilient supply chains, and small businesses, Union Commerce Minister Piyush Goyal said on Thursday.
"Our shared values, and our common interests in many areas, including security, have strengthened the bonds of this trust," he said in his opening remarks during a bilateral meeting between the two nations on the sidelines of the Quad Summit in Tokyo.
During the meeting, the two sides discussed means for combating emerging crime trends, including fighting rising telemarketing fraud
Friday's meeting of the US-India Defence Policy Group (DPG) co-chaired by India's Defence Secretary Ajay Kumar and Colin Kahl, the US Under Secretary for Defence Policy "discussed opportunities for enhanced cooperation with like-minded partners to sustain a free and open Indo-Pacific"
Ahead of Trump’s visit, there have been talks about India-US signing a potential trade deal.
The dispute between the two countries dates back to 2019, when the US President had suspended India’s special trade designation after PM Modi had put price caps on medical equipments such as cardiac stents and knee implants. Indian Prime Minister had introduced new data localization requirement and e-commerce restrictions.
