Leaders from both sides reaffirmed the strength of the India - US Comprehensive Global Strategic Partnership, anchored in mutual trust, shared interests, goodwill, and robust engagement of their citizens.
Both sides announced “US - India COMPACT (Catalyzing Opportunities for Military Partnership, Accelerated Commerce & Technology) for the 21st Century” – to drive transformative change across key pillars of cooperation.
Key Outcomes of the Visit
Areas of Cooperation
Initiatives
Defense
Announced plans to sign a new 10-year Framework for US-India Major Defense Partnership in the 21st Century.
Autonomous Systems Industry Alliance (ASIA): To scale industry partnerships and production in the Indo-Pacific.
Trade and Investment
‘Mission 500’: New goal to more than double total bilateral trade to $500 billion by 2030.
Bilateral Trade Agreement (BTA): To negotiate the first tranche of a mutually beneficial, multi-sector BTA by fall of 2025.
Energy Security
US affirmed its firm support for Indiato join the International Energy Agency as a full member.
Both sides announced commitment to fully realize US - India 123 Civil Nuclear Agreement.
Agreement for Peaceful uses of Nuclear Energy between India and the US is also called 123 Agreement, as it was signed under the Section 123 of the Atomic Energy Act, 1954.
Technology and Innovation
US – India TRUST (Transforming the Relationship Utilizing Strategic Technology): To catalyze government-to-government, academia, and private sector collaboration to promote application of critical and emerging technologies.
INDUS Innovation: Innovation Bridge to advance US-India industry and academic partnerships and foster investments in space, energy, and other emerging technologies.
Multilateral Cooperation
US announced that extradition to India of Tahawwur Rana (linked to 26/11 terror attacks) has been approved.
Indian Ocean Strategic Venture: New bilateral, whole-of-government forum to advance coordinated investments in economic connectivity and commerce.
