For Immediate Release
Office of the Press Secretary
September 26, 2008
Fact Sheet: The U.S.-India Relationship: A Strategic Partnership
In Recent Years Our Two Countries Have Developed Greater Ties Across a Broad Spectrum of Fields, Including Energy, Commerce, and Defense
In Focus: Global Diplomacy
President Bush Meets with Prime Minister Singh of India
The United States of America and the Republic of India enjoy a strategic
and economic partnership unequalled in our history. On July 18, 2005,
President Bush and Prime Minister Manmohan Singh announced their resolve
to transform the relationship between their countries and establish a
global partnership. Since then, our two countries have made substantial
progress in joint cooperation, resulting in a bilateral relationship
that is closer than ever before. In 2008, bilateral trade, foreign
direct investment, and people-to-people ties are at an all-time high.
Trade has almost doubled in the last three years alone, the stock of
Indian foreign direct investment in the United States was nearly $3
billion in 2007, U.S. investment in India exceeds $13.6 billion, and
citizens of both countries travel back and forth in record numbers.
Civil Nuclear Cooperation Initiative
The historic civil nuclear agreement marks the end of 34 years of
India's isolation from the global mainstream in civil nuclear energy
technology. While working to prevent nuclear proliferation, protect the
environment, and enhance energy security, India and the United States
have transformed their relationship to one built on trust, mutual
benefit, and full civil nuclear cooperation.
- India has entered into a safeguard agreement with the
International Atomic Energy Agency, created a robust national export
control system, and continued its commitment to a unilateral testing
moratorium.
- India has also separated its civilian and military facilities,
placed its civilian facilities under international safeguards, and
committed to help restrain the spread of enrichment and reprocessing
technologies.
Economic Cooperation
The economic expansion between the United States and India promotes
growth, two-way trade, investment, and energy security. The two
countries share fully in the opportunities of a globalized economy. The
economic benefits extend from the strategic and military spheres to
space and commerce.
- In 2005, President Bush and Prime Minister Singh agreed to
revitalize and expand the U.S.-India Economic Dialogue to focus on
finance, trade and investment policy, high-technology commerce, energy,
and the environment.
- More than 99 percent of high-tech trade between the two
countries is now unhindered by export licenses.
- Products such as Indian mangos and American medical devices now
cross borders with ease, as do Indian investments in American factories
and American investments in Indian facilities and plants across several
sectors. The United States and India have also agreed to launch
negotiations of a bilateral investment treaty.
- The United States hopes to work constructively with India to
achieve a prompt breakthrough in the World Trade Organization Doha Round
negotiations to expand prosperity and fight protectionist sentiment.
Democracy And Human Rights
President Bush and Prime Minister Singh share a strong commitment to
fundamental democratic freedoms, institutions, and traditions. Each has
expressed his belief that democracy is central to prosperity,
development, and peace.
- The United States and India each contributed $10 million in
2005 to help establish the U.N. Democracy Fund, which finances projects
that build and strengthen democratic institutions and civil society,
promote human rights, and ensure the participation of all groups in
democratic processes. To date, the United States has contributed more
than $25 million and India has contributed $15 million to the Fund.
- The two countries are working together in the newly established
Asia-Pacific Democracy Partnership.
Energy And The Environment
The two leaders believe cooperation on energy security, air quality, and
climate change contributes to sustained economic growth through
increased production and efficiency. U.S.-India cooperation is also
strengthening efforts to manage greenhouse gas emissions and cut harmful
air pollution without constraining economic development.
- The United States and India both promote commercial deployment
of clean-coal technologies, energy efficiency, methane recovery,
renewable energy technologies, oil and gas development, market
monitoring, management of energy demand, and emission-free nuclear
energy.
- Through the U.S.-India Energy Dialogue, the two countries are
well-positioned for lead roles in multilateral initiatives.
- We have partnered in initiatives such as the Asia-Pacific
Partnership on Clean Development and Climate, Methane to Markets, the
Washington International Renewable Conference, and the Major Economies
initiative.
Education, Agriculture, Health, And Disaster Management
The United States and India both place a strong emphasis on the value of
education, agriculture, and health and will continue to broaden
engagement to build on the progress of the last four decades. Such
improvements directly benefit the people of both countries and hold hope
for more promising livelihoods.
- Following a milestone Fulbright agreement, the bi-national
U.S.-India Education Foundation will award Fulbright-Nehru scholarships
in shared priority areas such as management, public policy and
democratic governance, agriculture, energy, and the environment.
- A U.S.-India Higher Education Council will facilitate dialogue
between institutions and corporate sectors, with a goal of encouraging
cooperative research, teaching, and professional development.
- The two countries are fostering rural development by building
farm-to-market linkages through seed technology, post-harvest
management, infrastructure and supply-chain development, and marketing
systems.
- Partnerships in public health, including HIV, tuberculosis, and
avian influenza are expanding, and the United States actively supports
India's efforts to eradicate polio.
- India and the United States will conduct training programs to
ensure safe and secure handling of potentially dangerous pathogens,
including in the areas of medical devices regulation, clinical research,
and pharmaceutical oversight.
- Our two countries share forecasting information and disaster
preparedness strategies in order to minimize physical damage and loss of
life from natural and other disasters.
- Both countries jointly agreed to the 2005 Disaster Relief
Initiative and have renewed a robust program of peer exchanges,
technical assistance, and training.
Defense and Regional Cooperation
The United States and India hold a responsibility as global powers to
promote stability and security in Asia and around the world. We are
building the foundation of a durable relationship that will support our
common strategic and security interests well into the 21st century.
- President Bush and Prime Minister Singh have greatly expanded
efforts in a diverse range of defense activities, including India's
continuing participation in joint air, naval, and ground exercises, as
well as cooperation in counterterrorism efforts.
- Significantly, the United States and India share a commitment
to Afghanistan, recognizing that rebuilding that nation is critical to
combating terrorism and enhancing regional stability and prosperity.
- In 2005, we signed the New Framework for the U.S.-India Defense
Relationship, which identified common interests and established an
ambitious 10-year program of shared objectives.
- In the 2006 Maritime Security Cooperation Framework, both
countries committed to pursue cooperative efforts to enhance security in
the maritime domain, ensure open sea lanes, prevent piracy and other
transnational crimes at sea, and build capacity to confront common
challenges.
- We remain committed to bilateral and international efforts to
prevent proliferation of weapons of mass destruction.
- The United States and India continue to expand their defense
trade. For example, in 2007, the United States transferred an
amphibious transport ship to India, and in 2008, India purchased $1
billion worth of transport aircraft from the United States.
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