Key takeaways from Indo-US joint statement:
1) ASIA ( Autonomous System Industry Alliance) - India -US cooperation in the area of underwater domain awareness technology.
2) COMPACT ( Catalysing Opportunities for Military Partnership, Accelerated Commerce & Technology) - for transformative change across defence, investment & trade, energy security, technology etc.
3) MISSION 500 - aiming more than double bilateral trade to $500 bn by 2030.
4) US support for India to join IEA ( International Energy agency) as full member.
5) Accelerating AI infrastructure.
6) Strategic Mineral Recovery Initiative - new India-US program to recover & process critical minerals.
Climate mitigation, renewable energy, clean energy supply chains were missing from Indo-Us joint statement.
Focus is back on fossil fuels.
US , 2nd largest GHG emitter withdrew from Paris agreement, second time under Trump.
#US #India #jointstatement
1) ASIA ( Autonomous System Industry Alliance) - India -US cooperation in the area of underwater domain awareness technology.
2) COMPACT ( Catalysing Opportunities for Military Partnership, Accelerated Commerce & Technology) - for transformative change across defence, investment & trade, energy security, technology etc.
3) MISSION 500 - aiming more than double bilateral trade to $500 bn by 2030.
4) US support for India to join IEA ( International Energy agency) as full member.
5) Accelerating AI infrastructure.
6) Strategic Mineral Recovery Initiative - new India-US program to recover & process critical minerals.
Climate mitigation, renewable energy, clean energy supply chains were missing from Indo-Us joint statement.
Focus is back on fossil fuels.
US , 2nd largest GHG emitter withdrew from Paris agreement, second time under Trump.
#US #India #jointstatement