India-US commerce doubled to $191 billion in previous 10 years, Air India buying 200 aircrafts to create a million American jobs throughout 44 states: Joe Biden

President Joe Biden highlighted the robust commerce ties between the United States and India, stating that the financial relationship between the 2 nations has nearly doubled over the previous decade. 

Issuing a joint press assertion with Prime Minister Narendra Modi on Thursday (native time), President Biden pointed to the thriving financial relationship between Washington and New Delhi and stated, “Our economic relationship is booming. Trade between our countries has almost doubled over the past decade to more than USD 191 billion supporting tens of thousands of good jobs in both India and the United States.” According to Biden, the acquisition of greater than 200 American-made Boeing plane by Air India earlier this 12 months will assist a million American employment unfold throughout 44 states. 

He added that with this state go to of PM Modi to the US, Indian corporations are asserting greater than USD 2 billion in new investments in manufacturing photo voltaic in Colorado, metal in Ohio, and optic fibre in South Carolina. 

“We are doubling on our cooperation to secure our semiconductor supply chains, and growing our major defence partnership with more joint exercises, more cooperation between our defence industries, and more consultation and coordination across all domains,” Biden added. 

He emphasised that this go to of PM Modi exemplifies how the United States and India collaborate to advance international growth, Biden stated in his joint press assertion right now. 

President Biden additionally talked about varied areas of cooperation, akin to medical analysis, human spaceflight, clear power transition, combating local weather change, and joint efforts in essential and rising applied sciences like quantum computing and synthetic intelligence whereas guaranteeing their accountable use. 

“From designing new ways to diagnose cancer and diabetes to collaborating on the international pace centre and treat illnesses like cancer and diabetes to collaborating on human spaceflight, including sending an Indian astronaut to the International Space Station in 2024 to accelerating the global clean energy transition and tackling the climate crisis we face, to harnessing our shared expertise on critical and emerging technologies like quantum computing and artificial intelligence to ensuring they are not used as tools of misinformation and oppression,” the US President stated. 

PM Modi on Wednesday arrived in Washington DC after overseeing a particular Yoga session on the lawns of the United Nations headquarters in New York City. 
United States President Joe Biden on Wednesday (native time) hosted Prime Minister Narendra Modi for an intimate dinner on the White House earlier than the high-profile state dinner. 

During the dinner, the trio loved a musical tribute to the areas of India, carried out by youth dancers from Studio Dhoom, a DMV-based Indian dance studio that helps join a brand new technology to the colourful tradition of Indian dance, in line with the White House. 

The leaders additionally exchanged items on the White House. PM Modi introduced a particular sandalwood field to US President Biden that has been handcrafted by a grasp craftsman from Jaipur, Rajasthan. He additionally gifted a lab-grown 7.5-carat inexperienced diamond and ‘papier mache’ to US First Lady Jill Biden. 

Joe Biden and Jill Biden introduced PM Modi with a hand-crafted, vintage American ebook galley from the early twentieth Century. Biden additionally gifted a classic American digital camera, accompanied by an archival facsimile print of George Eastman’s Patent of the primary Kodak digital camera, and a hardcover ebook of American wildlife images. Jill Biden gifted a signed, first-edition copy of “Collected Poems of Robert Frost” to PM Modi. 

Prime Minister Narendra Modi, who’s on his maiden State go to to the US, is simply the third Indian chief after former President Sarvepalli Radhakrishnan and former Prime Minister Manmohan Singh to have this privilege. 

PM Modi first visited the US in 2014, on a working go to. This go to was vital as he additionally delivered his maiden speech on the 69th session of the United Nations General Assembly. 

He visited the US once more in 2016, for the Nuclear Security Summit. During this go to, he additionally met then-US President Barack Obama on the White House and held bilateral talks. 

(This information report is revealed from a syndicated feed. Except for the headline, the content material has not been written or edited by OpIndia employees)